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REGISTERED NUMBER: 00773093 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Peniel Investments Limited

Peniel Investments Limited (Registered number: 00773093)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Peniel Investments Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mr M W Tesler
Mrs S Tesler





SECRETARY: Mrs S Tesler





REGISTERED OFFICE: 5 North End Road
London
NW11 7RJ





REGISTERED NUMBER: 00773093 (England and Wales)





ACCOUNTANTS: Martin+Heller
5 North End Road
London
NW11 7RJ

Peniel Investments Limited (Registered number: 00773093)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 4,795 4,795
Investment property 5 121,723 121,723
126,518 126,518

CURRENT ASSETS
Investments 6 303 303
Cash at bank 10,633 9,586
10,936 9,889
CREDITORS
Amounts falling due within one year 7 26,498 26,400
NET CURRENT LIABILITIES (15,562 ) (16,511 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,956

110,007

CREDITORS
Amounts falling due after more than one year 8 (4,500 ) (4,500 )

PROVISIONS FOR LIABILITIES 9 (4,308 ) (4,308 )
NET ASSETS 102,148 101,199

CAPITAL AND RESERVES
Called up share capital 10 2 2
Non distributable reserves 11 62,692 62,692
Retained earnings 11 39,454 38,505
SHAREHOLDERS' FUNDS 102,148 101,199

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Peniel Investments Limited (Registered number: 00773093)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2024 and were signed on its behalf by:





Mr M W Tesler - Director


Peniel Investments Limited (Registered number: 00773093)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

Peniel Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Turnover
Turnover represents gross rental income.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Peniel Investments Limited (Registered number: 00773093)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 May 2023
and 30 April 2024 4,795
NET BOOK VALUE
At 30 April 2024 4,795
At 30 April 2023 4,795

5. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 May 2023
and 30 April 2024 121,723
NET BOOK VALUE
At 30 April 2024 121,723
At 30 April 2023 121,723

Fair value at 30 April 2024 is represented by:
£
Valuation in 2003 47,000
Valuation in 2018 20,000
Cost 54,723
121,723

6. CURRENT ASSET INVESTMENTS
30.4.24 30.4.23
£ £
Listed investments 303 303

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Taxation and social security 288 97
Other creditors 26,210 26,303
26,498 26,400

Peniel Investments Limited (Registered number: 00773093)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£ £
Other creditors 4,500 4,500

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Loans 4,500 4,500

9. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£ £
Deferred tax 4,308 4,308

Deferred tax
£
Balance at 1 May 2023 4,308
Balance at 30 April 2024 4,308

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £ £
2 ordinary £1 2 2

11. RESERVES
Non
Retained distributable
earnings reserves Totals
£ £ £

At 1 May 2023 38,505 62,692 101,197
Profit for the year 949 949
At 30 April 2024 39,454 62,692 102,146