Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 SC566407 Manero Limited Mr Aaron Mundin Mr Leon Rousseau iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC566407 2023-05-31 SC566407 2024-05-31 SC566407 2023-06-01 2024-05-31 SC566407 frs-core:Non-currentFinancialInstruments 2024-05-31 SC566407 frs-core:BetweenOneFiveYears 2024-05-31 SC566407 frs-core:ComputerEquipment 2023-06-01 2024-05-31 SC566407 frs-core:FurnitureFittings 2023-06-01 2024-05-31 SC566407 frs-core:MotorVehicles 2023-06-01 2024-05-31 SC566407 frs-core:WithinOneYear 2024-05-31 SC566407 frs-core:ShareCapital 2024-05-31 SC566407 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 SC566407 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 SC566407 frs-bus:AbridgedAccounts 2023-06-01 2024-05-31 SC566407 frs-bus:SmallEntities 2023-06-01 2024-05-31 SC566407 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 SC566407 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 SC566407 frs-bus:Director1 2023-06-01 2024-05-31 SC566407 frs-bus:Director2 2023-06-01 2024-05-31 SC566407 frs-bus:Director3 2023-06-01 2024-05-31 SC566407 frs-countries:Scotland 2023-06-01 2024-05-31 SC566407 2022-05-31 SC566407 2023-05-31 SC566407 2022-06-01 2023-05-31 SC566407 frs-core:Non-currentFinancialInstruments 2023-05-31 SC566407 frs-core:BetweenOneFiveYears 2023-05-31 SC566407 frs-core:WithinOneYear 2023-05-31 SC566407 frs-core:ShareCapital 2023-05-31 SC566407 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: SC566407
Pentland Interiors Limited
ABRIDGED Financial Statements
For The Year Ended 31 May 2024
Nicholson Tax & Accounts
8 Chapel Street
Belper
DE56 1AR
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: SC566407
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 47,996 13,403
47,996 13,403
CURRENT ASSETS
Debtors 32,488 8,767
Cash at bank and in hand 228,141 209,518
260,629 218,285
Creditors: Amounts Falling Due Within One Year (181,851 ) (185,546 )
NET CURRENT ASSETS (LIABILITIES) 78,778 32,739
TOTAL ASSETS LESS CURRENT LIABILITIES 126,774 46,142
Creditors: Amounts Falling Due After More Than One Year (44,580 ) (33,333 )
NET ASSETS 82,194 12,809
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 82,094 12,709
SHAREHOLDERS' FUNDS 82,194 12,809
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Page 2
For the year ending 31 May 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Aaron Mundin
Director
24th January 2025
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
Pentland Interiors Limited is a private company, limited by shares, incorporated in Scotland, registered number SC566407 . The registered office is 75 Mayburn Avenue, Loanhead, EH20 9EP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor Vehicles 25% on reducing balance
Fixtures & Fittings 33% on reducing balance
Computer Equipment 33% on reducing balance
2.4. Leasing and Hire Purchase Contracts
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.
2.5. 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.

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3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 5)
5 5
4. Tangible Assets
Total
£
Cost
As at 1 June 2023 61,451
Additions 53,558
Disposals (7,000 )
As at 31 May 2024 108,009
Depreciation
As at 1 June 2023 48,048
Provided during the period 16,751
Disposals (4,786 )
As at 31 May 2024 60,013
Net Book Value
As at 31 May 2024 47,996
As at 1 June 2023 13,403
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
5. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,408 -
Later than one year and not later than five years 21,360 -
27,768 -
Less: Finance charges allocated to future periods 5,932 -
21,836 -
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
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