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REGISTERED NUMBER: 06030917 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Pentagon Support Services Ltd

Pentagon Support Services Ltd (Registered number: 06030917)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Pentagon Support Services Ltd

Company Information
for the Year Ended 31 December 2023







Director: J W Richards





Secretary: J W Richards





Registered office: 114-120 Northgate Street
Chester
CH1 2HT





Registered number: 06030917 (England and Wales)





Accountants: Ellis & Co
Chartered Accountants
114-120 Northgate Street
Chester
CH1 2HT

Pentagon Support Services Ltd (Registered number: 06030917)

Statement of Financial Position
31 December 2023

31/12/23 31/12/22
Notes £    £    £    £   
Fixed assets
Tangible assets 4 29,696 133

Current assets
Debtors 5 20,214 45,339
Cash at bank 426,385 357,548
446,599 402,887
Creditors
Amounts falling due within one year 6 35,021 62,933
Net current assets 411,578 339,954
Total assets less current liabilities 441,274 340,087

Creditors
Amounts falling due after more than
one year

7

(28,023

)

-

Provisions for liabilities (7,424 ) -
Net assets 405,827 340,087

Capital and reserves
Called up share capital 5 5
Capital redemption reserve 10 10
Retained earnings 405,812 340,072
405,827 340,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Pentagon Support Services Ltd (Registered number: 06030917)

Statement of Financial Position - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 April 2024 and were signed by:





J W Richards - Director


Pentagon Support Services Ltd (Registered number: 06030917)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. Statutory information

Pentagon Support Services Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 33% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pentagon Support Services Ltd (Registered number: 06030917)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. Accounting policies - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hire purchase contracts
Assets held under hire purchase contracts and finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum payments, which is determined at the inception of the term. Any initial direct costs are added to the amount recognised as an asset.

Payments are apportioned between the finance charges and reduction of the outstanding liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Tangible fixed assets
Fixtures,
fittings Motor
& equipment vehicles Totals
£    £    £   
Cost
At 1 January 2023 6,345 - 6,345
Additions 2,274 37,485 39,759
At 31 December 2023 8,619 37,485 46,104
Depreciation
At 1 January 2023 6,212 - 6,212
Charge for year 825 9,371 10,196
At 31 December 2023 7,037 9,371 16,408
Net book value
At 31 December 2023 1,582 28,114 29,696
At 31 December 2022 133 - 133

5. Debtors: amounts falling due within one year
31/12/23 31/12/22
£    £   
Trade debtors - 44,839
Other debtors 20,214 500
20,214 45,339

Pentagon Support Services Ltd (Registered number: 06030917)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. Creditors: amounts falling due within one year
31/12/23 31/12/22
£    £   
Hire purchase contracts 4,770 -
Trade creditors 227 220
Taxation and social security 26,876 60,102
Other creditors 3,148 2,611
35,021 62,933

7. Creditors: amounts falling due after more than one year
31/12/23 31/12/22
£    £   
Hire purchase contracts 28,023 -

8. Secured debts

The following secured debts are included within creditors:

31/12/23 31/12/22
£    £   
Hire purchase contracts 32,793 -

Debts under hire purchase contracts are secured on the underlying asset.

9. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31/12/23 31/12/22
£    £   
J W Richards
Balance outstanding at start of year - -
Amounts advanced 20,000 -
Amounts repaid (312 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,688 -

Advances to the director are interest-free and repayable on demand. Amounts advanced include £19,688 on 10 January 2023. The maximum balance outstanding in the year was £20,000.