Acorah Software Products - Accounts Production 15.0.600 false true true 30 November 2022 1 December 2021 false 1 December 2022 30 November 2023 30 November 2023 05974513 Ms Lisa Pagin Ms Willow Pagin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05974513 2022-11-30 05974513 2023-11-30 05974513 2022-12-01 2023-11-30 05974513 frs-core:CurrentFinancialInstruments 2023-11-30 05974513 frs-core:PlantMachinery 2023-11-30 05974513 frs-core:PlantMachinery 2022-12-01 2023-11-30 05974513 frs-core:PlantMachinery 2022-11-30 05974513 frs-core:ShareCapital 2023-11-30 05974513 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 05974513 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 05974513 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 05974513 frs-bus:SmallEntities 2022-12-01 2023-11-30 05974513 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 05974513 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 05974513 frs-bus:Director1 2022-12-01 2023-11-30 05974513 frs-bus:Director2 2022-12-01 2023-11-30 05974513 frs-countries:EnglandWales 2022-12-01 2023-11-30 05974513 2021-11-30 05974513 2022-11-30 05974513 2021-12-01 2022-11-30 05974513 frs-core:CurrentFinancialInstruments 2022-11-30 05974513 frs-core:ShareCapital 2022-11-30 05974513 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30
Registered number: 05974513
Pennywort Properties Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 05974513
2023 2022
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 5 11,207 11,387
Cash at bank and in hand 291 26
11,498 11,413
Creditors: Amounts Falling Due Within One Year 6 (34,347 ) (33,949 )
NET CURRENT ASSETS (LIABILITIES) (22,849 ) (22,536 )
TOTAL ASSETS LESS CURRENT LIABILITIES (22,849 ) (22,536 )
NET LIABILITIES (22,849 ) (22,536 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (22,850 ) (22,537 )
SHAREHOLDERS' FUNDS (22,849) (22,536)
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.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Lisa Pagin
Director
28/08/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Pennywort Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05974513 . The registered office is Bay View, Gyllyngvase Road, Falmouth, Cornwall, TR11 4DJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors made the decision that the Company would cease treading and, with this in mind, the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and, where appropriate, the Company's assets have been written down to their net realisable value.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 40 years straight line
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2022: NIL)
- -
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 December 2022 1,040
Disposals (1,040 )
Depreciation
As at 1 December 2022 1,040
Disposals (1,040 )
As at 30 November 2023 -
Net Book Value
As at 30 November 2023 -
As at 1 December 2022 -
5. Debtors
2023 2022
£ £
Due within one year
Amounts owed by connected companies 11,207 11,387
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 8,479 10,021
Other creditors 3,000 3,000
Accruals and deferred income 600 3,090
Directors' loan accounts 15,334 13,133
Amounts owed to connected companies 6,934 4,705
34,347 33,949
7. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1 1
8. Related Party Transactions
Other related party transactions:
Balances receiveable at 30 November 2023 included within the debtors note above:
  - Lux Blu Management Ltd:   £11,207   (2022: £11,207)
Balances payable at 30 November 2023 included within the creditors note above:
  - Lux Blu Developments Ltd:   £6,545   (2022: £4,705)
  - Red Willow Holdings Ltd:   £389   (2022: -£180)
Page 3