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REGISTERED NUMBER: 08613979 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Pentreath & Hall Limited

Pentreath & Hall Limited (Registered number: 08613979)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pentreath & Hall Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: B Hall
B T Pentreath





REGISTERED OFFICE: 17 Rugby Street
Holborn
London
WC1N 3QT





REGISTERED NUMBER: 08613979 (England and Wales)





ACCOUNTANTS: Myers & Co Accountants Limited
Suite 204A, East Wing
Sterling House
Langston Road
Loughton
Essex
IG10 3TS

Pentreath & Hall Limited (Registered number: 08613979)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 2,772 5,062
2,772 5,062

CURRENT ASSETS
Stocks 112,960 147,588
Debtors 6 41,319 54,944
Cash at bank and in hand 62,611 22,422
216,890 224,954
CREDITORS
Amounts falling due within one year 7 206,225 112,499
NET CURRENT ASSETS 10,665 112,455
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,437

117,517

CREDITORS
Amounts falling due after more than one
year

8

218,197

228,197
NET LIABILITIES (204,760 ) (110,680 )

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings (204,862 ) (110,782 )
SHAREHOLDERS' FUNDS (204,760 ) (110,680 )

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.

Pentreath & Hall Limited (Registered number: 08613979)

Balance Sheet - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:





B Hall - Director


Pentreath & Hall Limited (Registered number: 08613979)

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

1. STATUTORY INFORMATION

Pentreath & Hall 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Pentreath & Hall Limited (Registered number: 08613979)

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

2. ACCOUNTING POLICIES - continued

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 8 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 31,000
AMORTISATION
At 1 January 2024
and 31 December 2024 31,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 17,994 5,257 23,251
Additions - 216 216
At 31 December 2024 17,994 5,473 23,467
DEPRECIATION
At 1 January 2024 14,804 3,385 18,189
Charge for year 1,137 1,369 2,506
At 31 December 2024 15,941 4,754 20,695
NET BOOK VALUE
At 31 December 2024 2,053 719 2,772
At 31 December 2023 3,190 1,872 5,062

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 4,965 21,801
Other debtors 36,354 33,143
41,319 54,944

Pentreath & Hall Limited (Registered number: 08613979)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 25,202 9,311
Amounts owed to group undertakings 11,701 12,076
Taxation and social security 7,372 7,702
Other creditors 151,950 73,410
206,225 112,499

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 14,197 24,197
Other creditors 204,000 204,000
218,197 228,197