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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
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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
24,258 
19,554 
Current assets
Debtors
45,852 
201 
Cash at bank and in hand
30,072 
81,969 
75,924 
82,170 
Creditors: amounts falling due within one year
(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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