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Company Registration No. 14990260 (England and Wales)
Pendulum Limited Unaudited accounts for the year ended 31 August 2025
Pendulum Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Pendulum Limited Company Information for the year ended 31 August 2025
Director
Richard James Grazier
Company Number
14990260 (England and Wales)
Registered Office
2 CATTERICK ROAD BICESTER OXFORDSHIRE OX26 1AW ENGLAND
Accountants
MC Accountancy Limited 4 Catterick Road Bicester Oxfordshire OX26 1AW
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Pendulum Limited Accountants' report
Accountants' report to the director of Pendulum Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 August 2025.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 August 2025. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
MC Accountancy Limited 4 Catterick Road Bicester Oxfordshire OX26 1AW 22 May 2026
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Pendulum Limited Statement of financial position as at 31 August 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
4
3,719 
11,720 
Cash at bank and in hand
39,971 
36,702 
43,690 
48,422 
Creditors: amounts falling due within one year
5
(2,738)
(9,894)
Net current assets
40,952 
38,528 
Net assets
40,952 
38,528 
Capital and reserves
Called up share capital
6
1 
1 
Profit and loss account
40,951 
38,527 
Shareholders' funds
40,952 
38,528 
For the year ending 31 August 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 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 22 May 2026 and were signed on its behalf by
Richard James Grazier Director Company Registration No. 14990260
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Pendulum Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Pendulum Limited is a private company, limited by shares, registered in England and Wales, registration number 14990260. The registered office is 2 CATTERICK ROAD, BICESTER, OXFORDSHIRE, OX26 1AW, 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.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
3,412 
1,633 
Trade debtors
306 
10,086 
Other debtors
1 
1 
3,719 
11,720 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
235 
337 
Taxes and social security
(7,138)
9,419 
Loans from directors
9,641 
138 
2,738 
9,894 
6
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Average number of employees
During the year the average number of employees was 1 (2024: 2).
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