IRIS Accounts Production v25.1.0.734 06883686 director 31.8.23 30.8.24 30.8.24 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068836862023-08-30068836862024-08-30068836862023-08-312024-08-30068836862022-08-30068836862022-08-312023-08-30068836862023-08-3006883686ns15:EnglandWales2023-08-312024-08-3006883686ns14:PoundSterling2023-08-312024-08-3006883686ns10:Director12023-08-312024-08-3006883686ns10:PrivateLimitedCompanyLtd2023-08-312024-08-3006883686ns10:SmallEntities2023-08-312024-08-3006883686ns10:AuditExempt-NoAccountantsReport2023-08-312024-08-3006883686ns10:SmallCompaniesRegimeForDirectorsReport2023-08-312024-08-3006883686ns10:SmallCompaniesRegimeForAccounts2023-08-312024-08-3006883686ns10:FullAccounts2023-08-312024-08-3006883686ns10:OrdinaryShareClass22023-08-312024-08-3006883686ns10:OrdinaryShareClass32023-08-312024-08-3006883686ns10:CompanySecretary12023-08-312024-08-3006883686ns10:RegisteredOffice2023-08-312024-08-3006883686ns5:CurrentFinancialInstruments2024-08-3006883686ns5:CurrentFinancialInstruments2023-08-3006883686ns5:Non-currentFinancialInstruments2024-08-3006883686ns5:Non-currentFinancialInstruments2023-08-3006883686ns5:ShareCapital2024-08-3006883686ns5:ShareCapital2023-08-3006883686ns5:RetainedEarningsAccumulatedLosses2024-08-3006883686ns5:RetainedEarningsAccumulatedLosses2023-08-3006883686ns5:LandBuildings2023-08-3006883686ns5:LandBuildings2023-08-312024-08-3006883686ns5:LandBuildings2024-08-3006883686ns5:LandBuildings2023-08-3006883686ns5:CostValuation2023-08-3006883686ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-08-3006883686ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-08-3006883686ns10:OrdinaryShareClass22024-08-3006883686ns10:OrdinaryShareClass32024-08-30068836861ns10:Director12023-08-30068836861ns10:Director12022-08-30068836861ns10:Director12023-08-312024-08-30068836861ns10:Director12022-08-312023-08-30068836861ns10:Director12024-08-30068836861ns10:Director12023-08-30
REGISTERED NUMBER: 06883686 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 AUGUST 2024

FOR

PENDLE VIEW LETTINGS LIMITED

PENDLE VIEW LETTINGS LIMITED (REGISTERED NUMBER: 06883686)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PENDLE VIEW LETTINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 AUGUST 2024







DIRECTOR: M R Melville





SECRETARY: M R Melville





REGISTERED OFFICE: Pendle View Apartments
Lovely Hall Lane
Salesbury
Preston
Lancashire
BB1 9EQ





REGISTERED NUMBER: 06883686 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

PENDLE VIEW LETTINGS LIMITED (REGISTERED NUMBER: 06883686)

BALANCE SHEET
30 AUGUST 2024

30/8/24 30/8/23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 630,319 637,573
Investments 5 100,000 100,000
730,319 737,573

CURRENT ASSETS
Debtors 6 7,745 -
Cash at bank 1,475 -
9,220 -
CREDITORS
Amounts falling due within one year 7 130,907 368,315
NET CURRENT LIABILITIES (121,687 ) (368,315 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

608,632

369,258

CREDITORS
Amounts falling due after more than one
year

8

244,702

-
NET ASSETS 363,930 369,258

CAPITAL AND RESERVES
Called up share capital 9 100,000 100,000
Retained earnings 263,930 269,258
SHAREHOLDERS' FUNDS 363,930 369,258

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 August 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.

PENDLE VIEW LETTINGS LIMITED (REGISTERED NUMBER: 06883686)

BALANCE SHEET - continued
30 AUGUST 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 15 May 2025 and were signed by:





M R Melville - Director


PENDLE VIEW LETTINGS LIMITED (REGISTERED NUMBER: 06883686)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 AUGUST 2024

1. STATUTORY INFORMATION

Pendle View Lettings 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 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
Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and building Freehold- 1% straight line

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Going concern
The directors believes that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been adopted.

PENDLE VIEW LETTINGS LIMITED (REGISTERED NUMBER: 06883686)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 AUGUST 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 31 August 2023
and 30 August 2024 725,453
DEPRECIATION
At 31 August 2023 87,880
Charge for year 7,254
At 30 August 2024 95,134
NET BOOK VALUE
At 30 August 2024 630,319
At 30 August 2023 637,573

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 31 August 2023
and 30 August 2024 100,000
NET BOOK VALUE
At 30 August 2024 100,000
At 30 August 2023 100,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/8/24 30/8/23
£    £   
Directors' current accounts 7,745 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/8/24 30/8/23
£    £   
Bank loans and overdrafts - 10
Amounts owed to group undertakings 122,493 245,821
Tax 1,434 9,020
Directors' current accounts - 104,564
Accrued expenses 6,980 8,900
130,907 368,315

PENDLE VIEW LETTINGS LIMITED (REGISTERED NUMBER: 06883686)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 AUGUST 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/8/24 30/8/23
£    £   
Bank loans more 5 yr by instal 244,702 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 244,702 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/8/24 30/8/23
value: £    £   
90,000 A Ordinary £1 90,000 90,000
10,000 B Ordinary £1 10,000 10,000
100,000 100,000

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 August 2024 and 30 August 2023:

30/8/24 30/8/23
£    £   
M R Melville
Balance outstanding at start of year (104,564 ) 13,025
Amounts advanced 131,672 19,203
Amounts repaid (19,363 ) (136,792 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,745 (104,564 )