1 January 2023 false No description of principal activity Taxfiler 2024.6 10509943business:PrivateLimitedCompanyLtd2023-01-012023-12-31 105099432022-12-31 105099432023-01-012023-12-31 10509943business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 10509943business:FilletedAccounts2023-01-012023-12-31 105099432023-12-31 10509943business:Director12023-01-012023-12-31 10509943business:Director22023-01-012023-12-31 10509943business:RegisteredOffice2023-01-012023-12-31 105099432022-12-31 10509943core:WithinOneYear2023-12-31 10509943core:WithinOneYear2022-12-31 10509943core:AfterOneYear2023-12-31 10509943core:AfterOneYear2022-12-31 10509943core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10509943core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10509943core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10509943core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10509943core:PreviouslyStatedAmount2023-12-31 10509943core:PreviouslyStatedAmount2022-12-31 10509943business:SmallEntities2023-01-012023-12-31 10509943countries:EnglandWales2023-01-012023-12-31 10509943core:FurnitureFittings2023-01-012023-12-31 10509943core:LandBuildings2022-12-31 10509943core:FurnitureFittings2022-12-31 10509943core:LandBuildings2023-01-012023-12-31 10509943core:LandBuildings2023-12-31 10509943core:FurnitureFittings2023-12-31 105099432022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10509943 (England and Wales)
Pynewood Property Limited Unaudited accounts for the year ended 31 December 2023
Pynewood Property Limited Unaudited accounts Contents
Page
- 2 -
Pynewood Property Limited Company Information for the year ended 31 December 2023
Directors
Mr John Michael Haywood Mrs Claire Haywood
Company Number
10509943 (England and Wales)
Registered Office
Suite 212 Oakland House 21 Hope Carr Road Leigh WN7 3ET
Accountants
HHK Accountancy Services Ltd Suite 212 Oakland House 21 Hope Carr Road Leigh, Wigan WN7 3ET
- 3 -
Pynewood Property Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
143,487 
141,675 
Current assets
Cash at bank and in hand
124,505 
127,447 
Creditors: amounts falling due within one year
(160,998)
(159,986)
Net current liabilities
(36,493)
(32,539)
Total assets less current liabilities
106,994 
109,136 
Creditors: amounts falling due after more than one year
(121,530)
(122,700)
Net liabilities
(14,536)
(13,564)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(14,636)
(13,664)
Shareholders' funds
(14,536)
(13,564)
For the year ending 31 December 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 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 25 November 2024 and were signed on its behalf by
Mrs Claire Haywood Director Company Registration No. 10509943
- 4 -
Pynewood Property Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Pynewood Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10509943. The registered office is Suite 212 Oakland House, 21 Hope Carr Road, Leigh, WN7 3ET.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
15% straight line
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
140,000 
3,718 
143,718 
Additions
- 
2,787 
2,787 
At 31 December 2023
140,000 
6,505 
146,505 
Depreciation
At 1 January 2023
- 
2,043 
2,043 
Charge for the year
- 
975 
975 
At 31 December 2023
- 
3,018 
3,018 
Net book value
At 31 December 2023
140,000 
3,487 
143,487 
At 31 December 2022
140,000 
1,675 
141,675 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
160,028 
159,016 
Accruals
970 
970 
160,998 
159,986 
- 5 -
Pynewood Property Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
109,530 
110,700 
Other creditors
12,000 
12,000 
121,530 
122,700 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -