Company registration number 08876806 (England and Wales)
PENZA LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
PENZA LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PENZA LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
592
4,742
Cash at bank and in hand
30,012
21,936
30,604
26,678
Creditors: amounts falling due within one year
4
(13,882)
(11,568)
Net current assets
16,722
15,110
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
16,721
15,109
Total equity
16,722
15,110

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

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

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 27 January 2026
Professor A Grayling
Director
Company registration number 08876806 (England and Wales)
PENZA LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Penza Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1RL.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. Turnover is recognised when the services are performed.

1.3
Financial instruments

The company has the following financial instruments:

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

PENZA LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised.

1.5
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 1 (2024 - 1).

3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
592
4,742
4
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
522
1,048
Other creditors
13,360
10,520
13,882
11,568
2025-03-31 2024-04-01 false false false 27 January 2026 CCH Software CCH Accounts Production 2025.200 No description of principal activity Professor A Grayling 1 08876806 2024-04-01 2025-03-31 08876806 2025-03-31 08876806 2024-03-31 08876806 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 08876806 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08876806 core:CurrentFinancialInstruments 2025-03-31 08876806 core:CurrentFinancialInstruments 2024-03-31 08876806 core:ShareCapital 2025-03-31 08876806 core:ShareCapital 2024-03-31 08876806 core:RetainedEarningsAccumulatedLosses 2025-03-31 08876806 core:RetainedEarningsAccumulatedLosses 2024-03-31 08876806 bus:Director1 2024-04-01 2025-03-31 08876806 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08876806 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08876806 bus:FRS102 2024-04-01 2025-03-31 08876806 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 08876806 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP