Pennington Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10178164

Pennington Holdings Limited

Filleted Unaudited Financial Statements

31 March 2025

Pennington Holdings Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Investments	4		1,047,711		1,047,711

Creditors: amounts falling due within one year	5	277,968		260,136
		---------		---------
Net current liabilities			277,968		260,136
			------------		------------
Total assets less current liabilities			769,743		787,575
			---------		---------
Net assets			769,743		787,575
			---------		---------

Capital and reserves

Called up share capital	6	83	100
Share premium account		557,950	557,950
Profit and loss account		211,710	229,525
		---------	---------
Shareholders funds		769,743	787,575
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 20 August 2025 , and are signed on behalf of the board by:

Mr I Drozdov
Director

Company registration number: 10178164

Pennington Holdings Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 80 Compair Crescent, Ipswich, Suffolk, IP2 0EH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Investments

	Shares in group undertakings
	£
Cost
At 1 April 2024 and 31 March 2025	1,047,711
	------------
Impairment
At 1 April 2024 and 31 March 2025	–
	------------

Carrying amount
At 31 March 2025	1,047,711
	------------
At 31 March 2024	1,047,711
	------------

The company owns 100% of the ordinary share capital of Pennington Surveyors Limited, incorporated in England and Wales.

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings	277,968	254,117
Accruals and deferred income	–	1,309
Director loan accounts	–	4,710
	---------	---------
	277,968	260,136
	---------	---------

6. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	83	83	100	100
	----	----	----	----

During the year, the company purchased and subsequently cancelled 17 of its own ordinary £1 shares.

7. Director's advances, credits and guarantees

During the year there were no director's advances, credits and guarantees.

8. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Pennington Surveyors Limited	–	–	( 271,932)	( 254,117)
Prospire Operations Limited	–	–	(6,036)	–
	----	----	---------	---------