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Company Registration No. 11833478 (England and Wales)
PENNYH LTD Unaudited accounts for the year ended 28 February 2025
PENNYH LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PENNYH LTD Company Information for the year ended 28 February 2025
Director
Pernille Hannibal
Company Number
11833478 (England and Wales)
Registered Office
4 Haversham Apartments 12 Wyndham Road London SE5 0UH England
Accountants
Accounts Studio Ltd 20-22 Wenlock Road London N1 7GU
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PENNYH LTD Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2
838
Current assets
Debtors
5
6,589
-
Cash at bank and in hand
19,120
48,907
25,709
48,907
Creditors: amounts falling due within one year
6
(25,097)
(42,438)
Net current assets
612
6,469
Net assets
614
7,307
Capital and reserves
Called up share capital
100
100
Profit and loss account
514
7,207
Shareholders' funds
614
7,307
For the year ending 28 February 2025 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 her 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 15 September 2025 and were signed on its behalf by
Pernille Hannibal Director Company Registration No. 11833478
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PENNYH LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
PENNYH LTD is a private company, limited by shares, registered in England and Wales, registration number 11833478. The registered office is 4 Haversham Apartments, 12 Wyndham Road, London, SE5 0UH, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33.33% straight line
Computer equipment
33.33% straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 March 2024
1,265
4,949
6,214
At 28 February 2025
1,265
4,949
6,214
Depreciation
At 1 March 2024
844
4,532
5,376
Charge for the year
420
416
836
At 28 February 2025
1,264
4,948
6,212
Net book value
At 28 February 2025
1
1
2
At 28 February 2024
421
417
838
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PENNYH LTD Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
6,589
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
1,910
5,962
Loans from directors
23,187
36,476
25,097
42,438
7
Average number of employees
During the year the average number of employees was 2 (2024: 1).
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