PENDULUM (CLOCKS) LIMITED

Company Registration Number:
02612720 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

PENDULUM (CLOCKS) LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PENDULUM (CLOCKS) LIMITED

Company Information

for the Period Ended 30 June 2024




Director: j d clements
Registered office: Holford Lodge
Plumley Moor Road
Plumley
Cheshire
WA16 9RS
Company Registration Number: 02612720 (England and Wales)

PENDULUM (CLOCKS) LIMITED

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal Activities

trying to survive

Political and charitable donations

none

Company policy on the employment of disabled persons

none

Additional information

this form very badly designed and far too complicated. lots of boxes should be self propogated

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
j d clements

This report was approved by the board of directors on 5 March 2025
And Signed On Behalf Of The Board By:

Name: j d clements
Status: Director

PENDULUM (CLOCKS) LIMITED

Profit and Loss Account

for the Period Ended 30 June 2024


Notes

2024
£

2023
£
Turnover 79,275 73,949
Cost of sales ( 34,969 ) ( 35,092 )
Gross Profit or (Loss) 44,306 38,857
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 1,808 ) ( 1,091 )
Administrative Expenses ( 34,101 ) ( 32,079 )
Operating Profit or (Loss) 8,397 5,687
Profit or (Loss) Before Tax 8,397 5,687
Tax on Profit ( 1,284 ) ( 701 )
Profit or (Loss) for Period 7,113 4,986

The notes form part of these financial statements

PENDULUM (CLOCKS) LIMITED

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 2 2
Total fixed assets: 2 2
Current assets
Stocks: 108,621 95,787
Debtors: 6 108,005 96,780
Cash at bank and in hand: 2,947 14,816
Total current assets: 219,573 207,383
Creditors: amounts falling due within one year: 7 ( 82,017 ) ( 77,163 )
Net current assets (liabilities): 137,556 130,220
Total assets less current liabilities: 137,558 130,222
Total net assets (liabilities): 137,558 130,222

The notes form part of these financial statements

PENDULUM (CLOCKS) LIMITED

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 4,000 4,000
Profit and loss account: 133,558 126,222
Shareholders funds: 137,558 130,222

For the year ending 30 June 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 5 March 2025
And Signed On Behalf Of The Board By:

Name: j d clements
Status: Director

The notes form part of these financial statements

PENDULUM (CLOCKS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    normal

    Tangible fixed assets depreciation policy

    normal

    Intangible fixed assets amortisation policy

    normal

    Valuation information and policy

    normal

PENDULUM (CLOCKS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

PENDULUM (CLOCKS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

PENDULUM (CLOCKS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Intangible assets

Other Total
Cost £ £
At 01 July 2023 0 0
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers - -
At 30 June 2024 0 0
Amortisation
Amortisation at 01 July 2023 0 0
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 30 June 2024 0 0
Net book value
Net book value at 30 June 2024 0 0
Net book value at 30 June 2023 0 0

PENDULUM (CLOCKS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Tangible assets

Plant & machinery Total
Cost £ £
At 01 July 2023 24,050 24,050
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations - -
Transfers - -
At 30 June 2024 24,050 24,050
Depreciation
At 01 July 2023 24,048 24,048
Charge for year - -
On disposals - -
Other adjustments - -
At 30 June 2024 24,048 24,048
Net book value
At 30 June 2024 2 2
At 30 June 2023 2 2

normal

PENDULUM (CLOCKS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Debtors


2024
£

2023
£
Trade debtors 108,005 96,780
Total 108,005 96,780

normal

PENDULUM (CLOCKS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 79,533 73,432
Taxation and social security 1,284 701
Accruals and deferred income 1,200 3,030
Total 82,017 77,163