Company registration number:
13734118
Pennico Properties Ltd
Unaudited filleted financial statements
30 November 2023
Pennico Properties Ltd
Contents
Directors and other information
Directors report
Accountants report
Statement of financial position and notes to the financial statements
Pennico Properties Ltd
Directors and other information
|
|
|
|
Directors |
Junior Pennicott |
|
|
Naomi Pennicott |
|
|
|
|
|
|
|
Company number |
13734118 |
|
|
|
|
|
|
|
Registered office |
66 Church Street |
|
|
Hartlepool |
|
|
TS24 7DN |
|
|
|
|
|
|
|
Accountants |
Censis |
|
|
Exchange Building |
|
|
66 Church Street |
|
|
Hartlepool |
|
|
TS24 7DN |
|
|
|
Pennico Properties Ltd
Directors report
Year ended 30 November 2023
The directors present their report and the unaudited financial statements of the company for the year ended 30 November 2023.
Directors
The directors who served the company during the year were as follows:
|
Junior Pennicott |
Naomi Pennicott |
|
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
13 August 2024
and signed on behalf of the board by:
Junior Pennicott
Director
Pennico Properties Ltd
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Pennico Properties Ltd
Year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pennico Properties Ltd for the year ended 30 November 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Pennico Properties Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Pennico Properties Ltd and state those matters that we have agreed to state to the board of directors of Pennico Properties Ltd as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pennico Properties Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Pennico Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Pennico Properties Ltd. You consider that Pennico Properties Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Pennico Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Censis
Chartered
Exchange Building
66 Church Street
Hartlepool
TS24 7DN
13 August 2024
Pennico Properties Ltd
Statement of financial position
30 November 2023
|
|
|
2023 |
|
2022 |
|
|
|
|
|
|
|
Restated |
|
|
|
|
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
161,725 |
|
164,534 |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
4,457 |
|
5,695 |
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
(
70,243) |
|
(
69,723) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Net current liabilities |
|
|
(
65,786) |
|
(
64,028) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
95,939 |
|
100,506 |
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
|
(
119,340) |
|
(
119,340) |
|
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
(
780) |
|
(
780) |
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
_______ |
|
|
Net liabilities |
|
|
(
24,181) |
|
(
19,614) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
(
24,181) |
|
(
19,614) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Notes to the financial statements
Pennico Properties Ltd
Year ended 30 November 2023
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2022:
2
).
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
13 August 2024
, and are signed on behalf of the board by:
Junior Pennicott
Director
Company registration number:
13734118
The company is a private company limited by shares, registered in England & Wales.