REGISTERED NUMBER: 08337508 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

PENWRIGHT MARKETING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N A Murton

REGISTERED OFFICE:

100 Church Street

Brighton

East Sussex

BN1 1UJ

REGISTERED NUMBER:

08337508 (England and Wales)

ACCOUNTANTS:

Paddenburg & Co Limited

100 Church Street

Brighton

East Sussex

BN1 1UJ

FIXED ASSETS

Tangible assets

4

5,950

-

Investments

5

531,473

198,705

537,423

198,705

CURRENT ASSETS

Debtors

6

7,950

1,564

Cash at bank

337,440

687,439

345,390

689,003

CREDITORS

Amounts falling due within one year

7

34,770

52,244

NET CURRENT ASSETS

310,620

636,759

TOTAL ASSETS LESS CURRENT LIABILITIES

848,043

835,464

PROVISIONS FOR LIABILITIES

8

1,488

-

NET ASSETS

846,555

835,464

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

846,554

835,463

846,555

835,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 July 2025 and were signed by:

N A Murton - Director

1.	STATUTORY INFORMATION

Penwright Marketing 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 as modified by the revaluation of certain assets.

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.

Computer equipment

-

25% on reducing balance

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.

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

Additions

6,449

At 31 March 2025

6,449

DEPRECIATION

Charge for year

499

At 31 March 2025

499

NET BOOK VALUE

At 31 March 2025

5,950

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

198,705

Additions

347,007

Revaluations

(14,239

)

At 31 March 2025

531,473

NET BOOK VALUE

At 31 March 2025

531,473

At 31 March 2024

198,705

Cost or valuation at 31 March 2025 is represented by:

Other

investments

£

Valuation in 2024

21,448

Valuation in 2025

(14,239

)

Cost

524,264

531,473

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Deposits

7,950

1,564

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

7,110

339

Social security and other taxes

-

479

Directors' loan accounts

25,860

50,226

Accrued expenses

1,800

1,200

34,770

52,244

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

1,488

-

Deferred

tax

£

Accelerated capital allowances

1,488

Balance at 31 March 2025

1,488

9.	RELATED PARTY DISCLOSURES

The company received dividend income totalling £nil (2024: £204,431) from Architech Labs Limited, of which N A Murton was a director and a 25% shareholder until 27th March 2024.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N A Murton.