1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 262,283 262,283 262,283 xbrli:pure xbrli:shares iso4217:GBP 13876032 2023-02-01 2024-01-31 13876032 2024-01-31 13876032 2023-01-31 13876032 2022-01-27 2023-01-31 13876032 2023-01-31 13876032 2022-01-26 13876032 bus:Director1 2023-02-01 2024-01-31 13876032 core:AfterOneYear 2024-01-31 13876032 core:AfterOneYear 2023-01-31 13876032 core:WithinOneYear 2024-01-31 13876032 core:WithinOneYear 2023-01-31 13876032 core:ShareCapital 2024-01-31 13876032 core:ShareCapital 2023-01-31 13876032 core:RetainedEarningsAccumulatedLosses 2024-01-31 13876032 core:RetainedEarningsAccumulatedLosses 2023-01-31 13876032 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 13876032 core:Non-currentFinancialInstruments 2024-01-31 13876032 core:Non-currentFinancialInstruments 2023-01-31 13876032 bus:SmallEntities 2023-02-01 2024-01-31 13876032 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 13876032 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 13876032 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13876032 bus:FullAccounts 2023-02-01 2024-01-31
COMPANY REGISTRATION NUMBER: 13876032
PNC LETTINGS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
31 January 2024
PNC LETTINGS LIMITED
STATEMENT OF FINANCIAL POSITION
31 January 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Investments
5
262,283
262,283
CURRENT ASSETS
Cash at bank and in hand
77,957
155,258
CREDITORS: amounts falling due within one year
6
156,816
229,680
---------
---------
NET CURRENT LIABILITIES
78,859
74,422
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
183,424
187,861
CREDITORS: amounts falling due after more than one year
7
189,130
189,130
---------
---------
NET LIABILITIES
( 5,706)
( 1,269)
---------
---------
CAPITAL AND RESERVES
Called up share capital fully paid
2
2
Profit and loss account
( 5,708)
( 1,271)
-------
-------
SHAREHOLDERS DEFICIT
( 5,706)
( 1,269)
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
PNC LETTINGS LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 January 2024
These financial statements were approved by the board of directors and authorised for issue on 30 October 2024 , and are signed on behalf of the board by:
Mr P Cancelliere
Director
Company registration number: 13876032
PNC LETTINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover represents the amount derived from rental income.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. INVESTMENTS
Investment property
£
Cost
At 1 February 2023 and 31 January 2024
262,283
---------
Impairment
At 1 February 2023 and 31 January 2024
---------
Carrying amount
At 31 January 2024
262,283
---------
At 31 January 2023
262,283
---------
6. CREDITORS: amounts falling due within one year
2024
2023
£
£
Other creditors
156,816
229,680
---------
---------
7. CREDITORS: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
189,130
189,130
---------
---------