Company registration number 02120542 (England and Wales)
PENTATE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
PENTATE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PENTATE LTD
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
1,000
1,000
Current assets
Debtors
38
38
Cash at bank and in hand
2,272
48,396
2,310
48,434
Creditors: amounts falling due within one year
(130,730)
(123,830)
Net current liabilities
(128,420)
(75,396)
Net liabilities
(127,420)
(74,396)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(127,520)
(74,496)
Total equity
(127,420)
(74,396)

For the financial year ended 31 December 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 19 May 2025 and are signed on its behalf by:
Mr PR Klimt
Director
Company registration number 02120542 (England and Wales)
PENTATE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
1
Accounting policies
Company information

Pentate Ltd is a private company limited by shares incorporated in England and Wales. The registered office is C/O Hilton Consulting Limited, Studio 133, 222 Kensal Road, London, UK, W10 5BN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

 

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
PENTATE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
1,000
1,000
2024-12-312024-01-01falsefalsefalseCCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr A M D KlimtMr P R Klimt021205422024-01-012024-12-31021205422024-12-31021205422023-12-3102120542core:ShareCapital2024-12-3102120542core:ShareCapital2023-12-3102120542core:RetainedEarningsAccumulatedLosses2024-12-3102120542core:RetainedEarningsAccumulatedLosses2023-12-3102120542bus:Director22024-01-012024-12-31021205422023-01-012023-12-3102120542bus:PrivateLimitedCompanyLtd2024-01-012024-12-3102120542bus:SmallCompaniesRegimeForAccounts2024-01-012024-12-3102120542bus:FRS1022024-01-012024-12-3102120542bus:AuditExempt-NoAccountantsReport2024-01-012024-12-3102120542bus:Director12024-01-012024-12-3102120542bus:FullAccounts2024-01-012024-12-31xbrli:purexbrli:sharesiso4217:GBP