Acorah Software Products - Accounts Production 16.4.675 false true true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 05974513 Ms Lisa Pagin Ms Willow Pagin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05974513 2023-11-30 05974513 2024-11-30 05974513 2023-12-01 2024-11-30 05974513 frs-core:CurrentFinancialInstruments 2024-11-30 05974513 frs-core:ShareCapital 2024-11-30 05974513 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 05974513 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 05974513 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 05974513 frs-bus:SmallEntities 2023-12-01 2024-11-30 05974513 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 05974513 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 05974513 frs-bus:Director1 2023-12-01 2024-11-30 05974513 frs-bus:Director2 2023-12-01 2024-11-30 05974513 frs-countries:EnglandWales 2023-12-01 2024-11-30 05974513 2022-11-30 05974513 2023-11-30 05974513 2022-12-01 2023-11-30 05974513 frs-core:CurrentFinancialInstruments 2023-11-30 05974513 frs-core:ShareCapital 2023-11-30 05974513 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30
Registered number: 05974513
Pennywort Properties Limited
Unaudited Financial Statements
For The Year Ended 30 November 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 05974513
2024 2023
Notes £ £ £ £
FIXED ASSETS
CURRENT ASSETS
Debtors 4 11,207 11,207
Cash at bank and in hand 53 291
11,260 11,498
Creditors: Amounts Falling Due Within One Year 5 (35,161 ) (34,347 )
NET CURRENT ASSETS (LIABILITIES) (23,901 ) (22,849 )
TOTAL ASSETS LESS CURRENT LIABILITIES (23,901 ) (22,849 )
NET LIABILITIES (23,901 ) (22,849 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (23,902 ) (22,850 )
SHAREHOLDERS' FUNDS (23,901) (22,849)
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Lisa Pagin
Director
27/08/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Pennywort Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05974513 . The registered office is Bay View, Gyllyngvase Road, Falmouth, Cornwall, TR11 4DJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors made the decision that the Company would cease treading and, with this in mind, the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and, where appropriate, the Company's assets have been written down to their net realisable value.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Amounts owed by connected companies 11,207 11,207
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 6,313 8,479
Other creditors 3,000 3,000
Accruals and deferred income 1,080 600
Directors' loan accounts 17,834 15,334
Amounts owed to connected companies 6,934 6,934
35,161 34,347
The bank loans balance represents the company's bounce back loan that is secured by the government.
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
7. Related Party Transactions
Balances receiveable from connected companies at 30 November 2024 included within the debtors note above:
 - Lux Blu Management Ltd:   £11,207   (2023: £11,207)
Balances payable to connected companies at 30 November 2024 included within the creditors note above:
 - Lux Blu Developments Ltd:   £6,545   (2023: £6,545)
 - Red Willow Holdings Ltd:   £389   (2023: £389)
Page 2