Company registration number: 10396911
Unaudited financial statements
for the year ended 31 December 2024
for
Pendwise Limited
Pages for filing with the Registrar
Company registration number: 10396911
Pendwise Limited
Balance sheet
as at 31 December 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 38 191
38 191
Current assets
Cash at bank and in hand 33,292 39,455
33,292 39,455
Creditors: amounts falling due within one
year
(7,979) (10,064)
Net current assets 25,313 29,391
Total assets less current liabilities 25,351 29,582
NET ASSETS 25,351 29,582
Capital and reserves
Called up share capital 100 100
Profit and loss account 25,251 29,482
TOTAL EQUITY 25,351 29,582
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10396911
Pendwise Limited
Balance sheet - continued
as at 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Ms T Pendle, Director
29 August 2025
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Pendwise Limited
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
Pendwise Limited is a private company registered in England and Wales. Its registered number is 10396911. The company is limited by shares. Its registered office is 1 Nancy Edwards Place, Chelmsford, Essex, CM1 2WU.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Computer equipment - 20% straight line
3 Average number of employees
During the year the average number of employees was 1 (2023 - 1).
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Pendwise Limited
Notes to the financial statements - continued
for the year ended 31 December 2024
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2024 1,973
At 31 December 2024 1,973
Depreciation
At 1 January 2024 1,782
Charge for year 153
At 31 December 2024 1,935
Net book value
At 31 December 2024 38
At 31 December 2023 191
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023.
2024 2023
£ £
Ms T Pendle
Balance outstanding at start of year (9,689) (8,689)
Amounts advanced 3,867 -
Amounts repaid (1,782) (1,000)
Balance outstanding at end of year (7,604) (9,689)
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