1 February 2023 false No description of principal activity Taxfiler 2024.6 14630037business:PrivateLimitedCompanyLtd2023-02-012024-02-28 146300372023-01-31 146300372023-02-012024-02-28 14630037business:AuditExempt-NoAccountantsReport2023-02-012024-02-28 14630037business:FilletedAccounts2023-02-012024-02-28 146300372024-02-28 14630037business:Director12023-02-012024-02-28 14630037business:RegisteredOffice2023-02-012024-02-28 14630037core:WithinOneYear2024-02-28 14630037core:ShareCapitalcore:PreviouslyStatedAmount2024-02-28 14630037core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 14630037core:PreviouslyStatedAmount2024-02-28 14630037business:SmallEntities2023-02-012024-02-28 14630037countries:EnglandWales2023-02-012024-02-28 14630037core:FurnitureFittings2023-02-012024-02-28 14630037core:FurnitureFittings2023-01-31 14630037core:FurnitureFittings2024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 14630037 (England and Wales)
PENIEL AUTO TRADE LTD Unaudited accounts for the period from 1 February 2023 to 28 February 2024
PENIEL AUTO TRADE LTD Unaudited accounts Contents
Page
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PENIEL AUTO TRADE LTD Company Information for the period from 1 February 2023 to 28 February 2024
Director
Mohamed Althaf ANWARDEEN
Company Number
14630037 (England and Wales)
Registered Office
88 OUTRAM STREET SUTTON-IN-ASHFIELD NOTTINGHAMSHIRE NG17 4FS UNITED KINGDOM
Accountants
MERSEY ACCOUNTANTS 291-299 KENSINGTON FAIRFIELD LIVERPOOL MERSEYSIDE L7 2RG
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PENIEL AUTO TRADE LTD Statement of financial position as at 28 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
3,650 
Current assets
Inventories
4,250 
Cash at bank and in hand
4,709 
8,959 
Creditors: amounts falling due within one year
(11,756)
Net current liabilities
(2,797)
Net assets
853 
Capital and reserves
Called up share capital
1 
Profit and loss account
852 
Shareholders' funds
853 
For the period ending 28 February 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 director acknowledges his 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 and authorised for issue on 28 February 2025 and were signed on its behalf by
Mohamed Althaf ANWARDEEN Director Company Registration No. 14630037
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PENIEL AUTO TRADE LTD Notes to the Accounts for the period from 1 February 2023 to 28 February 2024
1
Statutory information
PENIEL AUTO TRADE LTD is a private company, limited by shares, registered in England and Wales, registration number 14630037. The registered office is 88 OUTRAM STREET, SUTTON-IN-ASHFIELD, NOTTINGHAMSHIRE, NG17 4FS, UNITED KINGDOM.
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 period, 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
Depriciated@ 20&
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2023
- 
Additions
3,650 
At 28 February 2024
3,650 
Depreciation
At 28 February 2024
- 
Net book value
At 28 February 2024
3,650 
5
Creditors: amounts falling due within one year
2024 
£ 
Trade creditors
3,000 
Loans from directors
8,756 
11,756 
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PENIEL AUTO TRADE LTD Notes to the Accounts for the period from 1 February 2023 to 28 February 2024
6
Average number of employees
During the period the average number of employees was 1.
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