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REGISTERED NUMBER: 04628217 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Penta (Gb) Limited

Penta (Gb) Limited (Registered number: 04628217)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Penta (Gb) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mrs S E Stokes
J Stokes



SECRETARY: Mrs S E Stokes



REGISTERED OFFICE: 9 Links Avenue
Felixstowe
Suffolk
IP11 9HD



REGISTERED NUMBER: 04628217 (England and Wales)



ACCOUNTANTS: Knights Lowe Ltd
Chartered Accountants
Crane Court
302 London Road
Ipswich
Suffolk
IP2 0AJ



BANKERS: National Westminster Bank plc
104 Hamilton Road
Felixstowe
Suffolk
IP11 7YY

Penta (Gb) Limited (Registered number: 04628217)

Statement of Financial Position
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 4,752 5,726

CURRENT ASSETS
Debtors 5 42,151 274,580
Cash at bank and in hand 88,331 65,070
130,482 339,650
CREDITORS
Amounts falling due within one year 6 95,898 60,183
NET CURRENT ASSETS 34,584 279,467
TOTAL ASSETS LESS CURRENT LIABILITIES 39,336 285,193

PROVISIONS FOR LIABILITIES 7 903 1,155
NET ASSETS 38,433 284,038

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,333 283,938
SHAREHOLDERS' FUNDS 38,433 284,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Penta (Gb) Limited (Registered number: 04628217)

Statement of Financial Position - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 May 2025 and were signed on its behalf by:




J Stokes - Director



Mrs S E Stokes - Director


Penta (Gb) Limited (Registered number: 04628217)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Penta (Gb) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents services provided as freight forwarders and customs clearance agents excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


Penta (Gb) Limited (Registered number: 04628217)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 January 2024 19,481
Additions 610
At 31 December 2024 20,091
DEPRECIATION
At 1 January 2024 13,755
Charge for year 1,584
At 31 December 2024 15,339
NET BOOK VALUE
At 31 December 2024 4,752
At 31 December 2023 5,726

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 40,218 72,652
Amounts owed by participating interests - 200,000
Other debtors 1,933 1,928
42,151 274,580

Penta (Gb) Limited (Registered number: 04628217)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 30,027 41,608
Amounts owed to participating interests 49,900 -
Taxation and social security 5,215 15,203
Other creditors 10,756 3,372
95,898 60,183

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 903 1,155

Deferred
tax
£   
Balance at 1 January 2024 1,155
Credit to Statement of Income and Retained Earnings during year (252 )
Accelerated capital allowances
Balance at 31 December 2024 903