Company Registration No. 09955345 (England and Wales)
Penny4 Limited
Unaudited accounts
for the year ended 31 January 2024
Penny4 Limited
Unaudited accounts
Contents
Penny4 Limited
Company Information
for the year ended 31 January 2024
Directors
Mr Guy Larsen
Miss Cambria Bailey-Jones
Company Number
09955345 (England and Wales)
Registered Office
Caxton House
13-16 Borough Road
London
SE1 0AA
Accountants
Creative and Numbers Accountancy and Bookkeeping
Claremont
74 Holland Road
Maidstone
Kent
ME14 1UT
Penny4 Limited
Statement of financial position
as at 31 January 2024
Tangible assets
7,115
10,307
Cash at bank and in hand
44,867
55,908
Creditors: amounts falling due within one year
(21,265)
(18,364)
Net current assets
38,227
38,182
Called up share capital
100
2
Capital contribution reserve
5,790
5,790
Profit and loss account
39,452
42,697
Shareholders' funds
45,342
48,489
For the year ending 31 January 2024 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by
Miss Cambria Bailey-Jones
Director
Company Registration No. 09955345
Penny4 Limited
Notes to the Accounts
for the year ended 31 January 2024
Penny4 Limited is a private company, limited by shares, registered in England and Wales, registration number 09955345. The registered office is Caxton House, 13-16 Borough Road, London, SE1 0AA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% SLM
4
Tangible fixed assets
Plant & machinery
Penny4 Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
513
638
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
453
11,473
Loans from directors
81
20
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).