IRIS Accounts Production v24.3.2.46 11325366 director 1.5.23 30.4.24 30.4.24 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113253662023-04-30113253662024-04-30113253662023-05-012024-04-30113253662022-04-30113253662022-05-012023-04-30113253662023-04-3011325366ns15:EnglandWales2023-05-012024-04-3011325366ns14:PoundSterling2023-05-012024-04-3011325366ns10:Director12023-05-012024-04-3011325366ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011325366ns10:SmallEntities2023-05-012024-04-3011325366ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011325366ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011325366ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011325366ns10:FullAccounts2023-05-012024-04-3011325366ns10:CompanySecretary12023-05-012024-04-3011325366ns10:RegisteredOffice2023-05-012024-04-3011325366ns5:CurrentFinancialInstruments2024-04-3011325366ns5:CurrentFinancialInstruments2023-04-3011325366ns5:Non-currentFinancialInstruments2024-04-3011325366ns5:Non-currentFinancialInstruments2023-04-3011325366ns5:ShareCapital2024-04-3011325366ns5:ShareCapital2023-04-3011325366ns5:RetainedEarningsAccumulatedLosses2024-04-3011325366ns5:RetainedEarningsAccumulatedLosses2023-04-3011325366ns5:PlantMachinery2023-05-012024-04-3011325366ns5:PlantMachinery2023-04-3011325366ns5:PlantMachinery2024-04-3011325366ns5:PlantMachinery2023-04-3011325366ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3011325366ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-05-012024-04-3011325366ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-04-3011325366ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-3011325366ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3011325366ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-30
REGISTERED NUMBER: 11325366 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Pentagon Projects Limited

Pentagon Projects Limited (Registered number: 11325366)






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


Pentagon Projects Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: M White





SECRETARY:





REGISTERED OFFICE: 31 Peters Avenue
Newbold Verdon
Leicester
LE9 9PR





REGISTERED NUMBER: 11325366 (England and Wales)





ACCOUNTANTS: SJS Accountancy Services
1 North Street
Wigston
Leicester
LE18 1PS

Pentagon Projects Limited (Registered number: 11325366)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,470 6,180

CURRENT ASSETS
Stocks 1,313 2,500
Debtors 5 2,683 9,767
Cash at bank 11,614 19,718
15,610 31,985
CREDITORS
Amounts falling due within one year 6 4,555 15,204
NET CURRENT ASSETS 11,055 16,781
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,525

22,961

CREDITORS
Amounts falling due after more than one
year

7

-

959
NET ASSETS 16,525 22,002

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 16,524 22,001
SHAREHOLDERS' FUNDS 16,525 22,002

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 director acknowledges his 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.

Pentagon Projects Limited (Registered number: 11325366)

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 director and authorised for issue on 29 January 2025 and were signed by:





M White - Director


Pentagon Projects Limited (Registered number: 11325366)

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

1. STATUTORY INFORMATION

Pentagon Projects 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 20% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pentagon Projects Limited (Registered number: 11325366)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 15,355
Additions 687
At 30 April 2024 16,042
DEPRECIATION
At 1 May 2023 9,175
Charge for year 1,397
At 30 April 2024 10,572
NET BOOK VALUE
At 30 April 2024 5,470
At 30 April 2023 6,180

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 14,500
DEPRECIATION
At 1 May 2023 8,561
Charge for year 1,188
At 30 April 2024 9,749
NET BOOK VALUE
At 30 April 2024 4,751
At 30 April 2023 5,939

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 340 8,185
Other debtors 2,343 1,582
2,683 9,767

Pentagon Projects Limited (Registered number: 11325366)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Other debtors amounting to £2,343 (2023 - £1,582) is represented by prepayments of £545 (2023 - £643) and a PAYE/CIS debtor due of £1,798 (2023 - £939).

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 959 2,300
Trade creditors 891 2,866
Taxation and social security - 4,005
Other creditors 2,705 6,033
4,555 15,204

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts - 959