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Company Registration No. 11110058 (England and Wales)
PENA UK LTD Unaudited accounts for the year ended 31 December 2024
PENA UK LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PENA UK LTD Company Information for the year ended 31 December 2024
Director
Jaime Paulo Magalhaes Pena
Company Number
11110058 (England and Wales)
Registered Office
UNIT 29, SEAX COURT SOUTHFIELDS INDUSTRIAL PARK BASILDON SS15 6SL UNITED KINGDOM
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PENA UK LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
18,600 
23,250 
Tangible assets
5
6,045 
6,045 
24,645 
29,295 
Current assets
Cash at bank and in hand
80,000 
41,008 
Creditors: amounts falling due within one year
6
(35,964)
(21,368)
Net current assets
44,036 
19,640 
Total assets less current liabilities
68,681 
48,935 
Creditors: amounts falling due after more than one year
7
(19,588)
(51,259)
Net assets/(liabilities)
49,093 
(2,324)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
48,993 
(2,424)
Shareholders' funds
49,093 
(2,324)
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 18 December 2025 and were signed on its behalf by
Jaime Paulo Magalhaes Pena Director Company Registration No. 11110058
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PENA UK LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PENA UK LTD is a private company, limited by shares, registered in England and Wales, registration number 11110058. The registered office is UNIT 29, SEAX COURT, SOUTHFIELDS INDUSTRIAL PARK, BASILDON, SS15 6SL, 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.
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%
Intangible fixed assets
Goodwill Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the balance sheet and amortised over its estimated useful life up to a maximum of 20 years. This length of time is presumed to be the maximum useful life of purchased goodwill because it is difficult to make projections beyond this period. Goodwill is reviewed for impairment at the end of the first full financial year following each acquisition and subsequently as and when necessary if circumstances emerge that indicate that the carrying value may not be recoverable. Amortisation Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Goodwill - 10% straight line
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PENA UK LTD Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
46,500 
At 31 December 2024
46,500 
Amortisation
At 1 January 2024
23,250 
Charge for the year
4,650 
At 31 December 2024
27,900 
Net book value
At 31 December 2024
18,600 
At 31 December 2023
23,250 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2024
201,986 
At 31 December 2024
201,986 
Depreciation
At 1 January 2024
195,941 
At 31 December 2024
195,941 
Net book value
At 31 December 2024
6,045 
At 31 December 2023
6,045 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
12,196 
7,387 
Taxes and social security
23,768 
13,981 
35,964 
21,368 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
19,588 
51,259 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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