1 January 2024 false Taxfiler 2024.6 true 09825848business:PrivateLimitedCompanyLtd2024-01-012024-12-31 098258482023-12-31 098258482024-01-012024-12-31 09825848business:AuditExemptWithAccountantsReport2024-01-012024-12-31 09825848business:FilletedAccounts2024-01-012024-12-31 098258482024-12-31 09825848business:Director12024-01-012024-12-31 09825848business:RegisteredOffice2024-01-012024-12-31 098258482023-12-31 09825848core:WithinOneYear2024-12-31 09825848core:WithinOneYear2023-12-31 09825848core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 09825848core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 09825848core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 09825848core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 09825848core:PreviouslyStatedAmount2024-12-31 09825848core:PreviouslyStatedAmount2023-12-31 09825848business:SmallEntities2024-01-012024-12-31 09825848countries:EnglandWales2024-01-012024-12-31 09825848core:AfterOneYear2024-12-31 09825848core:AfterOneYear2023-12-31 098258482023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09825848 (England and Wales)
Pentangle Land Holdings Limited Unaudited accounts for the year ended 31 December 2024
Pentangle Land Holdings Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Pentangle Land Holdings Limited Company Information for the year ended 31 December 2024
Director
Paul James MICHAEL
Company Number
09825848 (England and Wales)
Registered Office
BUCKINGHAM HOUSE WEST STREET NEWBURY BERKSHIRE RG14 1BE UNITED KINGDOM
Accountants
NASH INC LIMITED SHEEPRIDGE FARM HOUSE GULWORTHY TAVISTOCK DEVON PL19 8JJ
- 3 -
Pentangle Land Holdings Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
4
717,443 
717,443 
Current assets
Debtors
5
856,755 
743,255 
Cash at bank and in hand
9,432 
10,871 
866,187 
754,126 
Creditors: amounts falling due within one year
6
(2,135,094)
(2,015,363)
Net current liabilities
(1,268,907)
(1,261,237)
Net liabilities
(551,464)
(543,794)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(551,564)
(543,894)
Shareholders' funds
(551,464)
(543,794)
For the year ending 31 December 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 director acknowledges his 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 24 September 2025 and were signed on its behalf by
Paul James MICHAEL Director Company Registration No. 09825848
- 4 -
Pentangle Land Holdings Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Pentangle Land Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 09825848. The registered office is BUCKINGHAM HOUSE, WEST STREET, NEWBURY, BERKSHIRE, RG14 1BE, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investments
Investments held as fixed assets are shown at cost less provision for impairment
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Going concern
The Company is dependant on a loan advanced by the director Mr Paul Michael. Mr Michael's present intention is to continue to provide support to the Company for the foreseeable future. The accounts have therefore been prepared on the basis that the Company remains a going concern.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2024
717,443 
Valuation at 31 December 2024
717,443 
Subsidiary Undertakings The following were subsidiary undertakings of the company. Name: Societe Blaye B.V., Address: Van Heuven Goedhartlaan 935 A, 1181 LD Amstelveen, Netherlands. Chamber of Commerce Amsterdam: 33211117 Class of Shares: Ordinary Holding: 100%
- 5 -
Pentangle Land Holdings Limited Notes to the Accounts for the year ended 31 December 2024
Share Capital and Profit / (Los) for Societe Blaye for the year ending 31 December 2024, to be advised. The aggregate of the share capital and reserves as of 31 December 2023 and the profit or loss for the year ending on that date for the subsidiary undertakings are as follows: The aggregate of share capital and reserves:( £604,542) - (EUR 713,360) Profit / (Loss) for the year: (£107,786) Loss - (EUR 127,188) Loss. Rate: 1.18 Euros to 1 GBP Sterling The aggregate of the share capital and reserves as of 31 December 2022 and the profit or loss for the year ending on that date for the subsidiary undertakings are as follows: The aggregate of share capital and reserves:( £496.755) - (EUR 586,172) Profit / (Loss) for the year: (£63,106) Loss - (EUR 74,465) Loss. Rate: 1.18 Euros to 1 GBP Sterling The aggregate of the share capital and reserves as of 31 December 2021 and the profit or loss for the year ending on that date for the subsidiary undertakings are as follows: The aggregate of share capital and reserves:( £422,497) - (EUR 498,547) Profit / (Loss) for the year: (£138,547) Loss - (EUR 163,485) Loss. Rate: 1.18 Euros to 1 GBP Sterling The aggregate of the share capital and reserves as of 31 December 2020 and the profit or loss for the year ending on that date for the subsidiary undertakings are as follows: The aggregate of share capital and reserves:( £283,951) - (EUR 335,062) Profit / (Loss) for the year: (£83,946) Loss - (EUR 99,057) Loss. Rate: 1.18 Euros to 1 GBP Sterling The aggregate of the share capital and reserves as of 31 December 2019 and the profit or loss for the year ending on that date for the subsidiary undertakings are as follows: The aggregate of share capital and reserves:( £200,004) - (EUR 236,005) Profit / (Loss) for the year: (£106,930) Loss - (EUR 126,177) Loss. Rate: 1.18 Euros to 1 GBP Sterling The aggregate of the share capital and reserves as of 31 December 2018 and the profit or loss for the year ending on that date for the subsidiary undertakings as follows: The aggregate of share capital and reserves:( £98,060) - (EUR 109,828) Profit / (Loss) for the year: (£103,128) Loss - (EUR 115,504) Loss. Rate: 1.12 Euros to 1 GBP Sterling The aggregate of the share capital and reserves as of 31 December 2017 and the profit or loss for the year ending on that date for the subsidiary undertakings are as follows: The aggregate of share capital and reserves: £5,076 - EUR 5,676 Profit / (Loss) for the year: (£102,027) Loss - (EUR 114,271) Loss. Rate: 1.12 Euros to 1 GBP Sterling
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
100 
100 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
856,655 
743,155 
- 6 -
Pentangle Land Holdings Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
420 
Loans from directors
2,133,294 
2,013,293 
Accruals
1,800 
1,650 
2,135,094 
2,015,363 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 7 -