REGISTERED NUMBER: 06972950 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PENTRUDER UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Crewe

Mrs L J Allitt

SECRETARY:

Mrs K Crewe

REGISTERED OFFICE:

Watson Associates

30-34 North Street

Hailsham

East Sussex

BN27 1DW

REGISTERED NUMBER:

06972950 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Limited

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

139,810

109,852

CURRENT ASSETS

Stocks

358,002

315,074

Debtors

5

232,971

205,256

Cash at bank

159,104

145,935

750,077

666,265

CREDITORS

Amounts falling due within one year

6

(423,306

)

(358,819

)

NET CURRENT ASSETS

326,771

307,446

TOTAL ASSETS LESS CURRENT LIABILITIES

466,581

417,298

CREDITORS

Amounts falling due after more than one year

7

(55,454

)

(14,734

)

PROVISIONS FOR LIABILITIES

(26,765

)

(25,512

)

NET ASSETS

384,362

377,052

CAPITAL AND RESERVES

Called up share capital

8

100

100

Share premium

95,238

95,238

Retained earnings

289,024

281,714

SHAREHOLDERS' FUNDS

384,362

377,052

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.

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by:

G Crewe - Director

Mrs L J Allitt - Director

1.	STATUTORY INFORMATION

Pentruder UK 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.

Critical accounting judgements and key sources of estimation uncertainty

No significant judgements have had to be made by management in preparing these financial statements.

There were no key assumptions made concerning the future, and other key sources of estimation uncertainty at the reporting date, that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

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

-

15% on reducing balance

Motor vehicles

-

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2023 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

46,794

230,730

26,977

Additions

-

-

-

Disposals

-

(25,683

)

(2,250

)

At 31 December 2024

46,794

205,047

24,727

DEPRECIATION

At 1 January 2024

24,414

160,106

18,292

Charge for year

2,238

7,611

1,183

Eliminated on disposal

-

(18,525

)

(1,402

)

At 31 December 2024

26,652

149,192

18,073

NET BOOK VALUE

At 31 December 2024

20,142

55,855

6,654

At 31 December 2023

22,380

70,624

8,685

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

47,973

24,715

377,189

Additions

71,020

1,000

72,020

Disposals

(30,245

)

-

(58,178

)

At 31 December 2024

88,748

25,715

391,031

DEPRECIATION

At 1 January 2024

42,258

22,267

267,337

Charge for year

18,806

2,709

32,547

Eliminated on disposal

(28,736

)

-

(48,663

)

At 31 December 2024

32,328

24,976

251,221

NET BOOK VALUE

At 31 December 2024

56,420

739

139,810

At 31 December 2023

5,715

2,448

109,852

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

Additions

71,020

At 31 December 2024

71,020

DEPRECIATION

Charge for year

17,755

At 31 December 2024

17,755

NET BOOK VALUE

At 31 December 2024

53,265

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

169,264

185,084

Other debtors

63,707

20,172

232,971

205,256

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,367

10,148

Hire purchase contracts

6,784

-

Trade creditors

327,460

265,123

Taxation and social security

69,450

76,423

Other creditors

9,245

7,125

423,306

358,819

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

4,406

14,734

Hire purchase contracts

51,048

-

55,454

14,734

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

80

Ordinary 'A' Shares

£1

80

80

10

Ordinary 'B' Shares

£1

10

10

10

Ordinary 'C' Shares

£1

10

10

100

100