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Company Registration No. 11541666 (England and Wales)
Penrith Industrial Bid Company Ltd Unaudited accounts for the year ended 31 March 2025
Penrith Industrial Bid Company Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Penrith Industrial Bid Company Ltd Company Information for the year ended 31 March 2025
Directors
Ms A Jones Mr A Jones Ms D Lowdon Mr B Turner
Company Number
11541666 (England and Wales)
Registered Office
Penrith Industrial Bid Company Ltd Tecpro House Blamire Road, Eden Business Park Penrith Cumbria CA11 9FD England
Accountants
Kate King Accountancy Services ltd Unit 2 Suite 5 Meadow Bank Business Park Sharp Road Kendal Cumbria LA9 6NY
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Penrith Industrial Bid Company Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
24,258
19,554
Current assets
Debtors
5
45,852
201
Cash at bank and in hand
30,072
81,969
75,924
82,170
Creditors: amounts falling due within one year
6
(32,862)
(14,524)
Net current assets
43,062
67,646
Net assets
67,320
87,200
Capital and reserves
Profit and loss account
67,320
87,200
Shareholders' funds
67,320
87,200
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 21 October 2025 and were signed on its behalf by
Ms A Jones Director Company Registration No. 11541666
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Penrith Industrial Bid Company Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Penrith Industrial Bid Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 11541666. The registered office is Penrith Industrial Bid Company Ltd, Tecpro House, Blamire Road, Eden Business Park, Penrith, Cumbria, CA11 9FD, 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.
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:
Plant & machinery
20%
Fixtures & fittings
20%
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
15,130
33,760
48,890
Additions
15,192
-
15,192
At 31 March 2025
30,322
33,760
64,082
Depreciation
At 1 April 2024
-
29,336
29,336
Charge for the year
6,064
4,424
10,488
At 31 March 2025
6,064
33,760
39,824
Net book value
At 31 March 2025
24,258
-
24,258
At 31 March 2024
15,130
4,424
19,554
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Penrith Industrial Bid Company Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
11,852
201
Trade debtors
34,000
-
45,852
201
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
32,139
13,801
Other creditors
240
240
Accruals
483
483
32,862
14,524
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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