REGISTERED NUMBER: 11251637 (England and Wales)

PENTRE COTTAGES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 1 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs F M Wilson

REGISTERED OFFICE:

Tregibby Farm

Gwbert Road

Cardigan

Ceredigion

SA43 1PH

REGISTERED NUMBER:

11251637 (England and Wales)

ACCOUNTANTS:

D M B Davies Limited

Broyan House

Priory Street

Cardigan

Ceredigion

SA43 1BZ

FIXED ASSETS

Tangible assets

4

22,214

21,153

CURRENT ASSETS

Debtors

5

12,338

12,863

Prepayments and accrued income

1,912

1,876

Cash at bank

7,785

10,603

22,035

25,342

CREDITORS

Amounts falling due within one year

6

8,113

4,965

NET CURRENT ASSETS

13,922

20,377

TOTAL ASSETS LESS CURRENT LIABILITIES

36,136

41,530

PROVISIONS FOR LIABILITIES

4,220

4,019

NET ASSETS

31,916

37,511

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

31,915

37,510

31,916

37,511

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 1 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 1 April 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 December 2025 and were signed by:

Mrs F M Wilson - Director

1.	STATUTORY INFORMATION

Pentre Cottages Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 2 April 2024

37,789

673

38,462

Additions

5,000

-

5,000

At 1 April 2025

42,789

673

43,462

DEPRECIATION

At 2 April 2024

16,796

513

17,309

Charge for year

3,899

40

3,939

At 1 April 2025

20,695

553

21,248

NET BOOK VALUE

At 1 April 2025

22,094

120

22,214

At 1 April 2024

20,993

160

21,153

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,434

3,539

Other debtors

9,904

9,324

12,338

12,863

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,809

2,016

Taxation and social security

2,504

2,149

Other creditors

800

800

8,113

4,965