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
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
PEN-GAGE LTD
Statement of financial position
as at 31 May 2025
Tangible assets
15,305
17,638
Cash at bank and in hand
78,798
6,095
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)
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
PEN-GAGE LTD
Notes to the Accounts
for the year ended 31 May 2025
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 31 May 2025
18,154
320
7,953
26,427
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
At 31 May 2025
13,821
-
1,484
15,305
At 31 May 2024
16,702
-
936
17,638
PEN-GAGE LTD
Notes to the Accounts
for the year ended 31 May 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,688
2,537
Taxes and social security
21,836
1,132
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 5 (2024: 6).