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Company Registration No. 11347363 (England and Wales)
PEN-GAGE LTD Unaudited accounts for the year ended 31 May 2025
PEN-GAGE LTD Unaudited accounts Contents
Page
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PEN-GAGE LTD Company Information for the year ended 31 May 2025
Director
Laura Jane Bowler
Company Number
11347363 (England and Wales)
Registered Office
36 ELL-DENE CRESCENT GATESHEAD NE10 9UN UNITED KINGDOM
Accountants
Abacus Jack Ltd New Century House Crowther Road Washington Tyne and Wear NE38 0QA
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PEN-GAGE LTD Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,305 
17,638 
Current assets
Debtors
6,612 
9,872 
Cash at bank and in hand
78,798 
6,095 
85,410 
15,967 
Creditors: amounts falling due within one year
(29,763)
(10,949)
Net current assets
55,647 
5,018 
Total assets less current liabilities
70,952 
22,656 
Creditors: amounts falling due after more than one year
(1,251)
(3,956)
Net assets
69,701 
18,700 
Capital and reserves
Called up share capital
111 
100 
Profit and loss account
69,590 
18,600 
Shareholders' funds
69,701 
18,700 
For the year ending 31 May 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 June 2025 and were signed on its behalf by
Laura Jane Bowler Director Company Registration No. 11347363
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PEN-GAGE LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
PEN-GAGE LTD is a private company, limited by shares, registered in England and Wales, registration number 11347363. The registered office is 36 ELL-DENE CRESCENT, GATESHEAD, NE10 9UN, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight Line
Plant & machinery
50% Straight Line
Computer equipment
3 years
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2024
18,154 
320 
6,304 
24,778 
Additions
- 
- 
1,649 
1,649 
At 31 May 2025
18,154 
320 
7,953 
26,427 
Depreciation
At 1 June 2024
1,452 
320 
5,368 
7,140 
Charge for the year
2,881 
- 
1,101 
3,982 
At 31 May 2025
4,333 
320 
6,469 
11,122 
Net book value
At 31 May 2025
13,821 
- 
1,484 
15,305 
At 31 May 2024
16,702 
- 
936 
17,638 
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PEN-GAGE LTD Notes to the Accounts for the year ended 31 May 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,734 
9,872 
Other debtors
1,878 
- 
6,612 
9,872 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
2,688 
2,537 
VAT
4,339 
6,339 
Taxes and social security
21,836 
1,132 
Other creditors
900 
914 
Loans from directors
- 
27 
29,763 
10,949 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,251 
3,956 
8
Average number of employees
During the year the average number of employees was 5 (2024: 6).
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