Pentangle Internet Limited - Filleted accounts

Pentangle Internet Limited
Registered number:		03960918
Statement of Financial Position
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		32,091			17,049

Current assets
Debtors	4	243,067			208,965
Cash at bank and in hand		272,578			217,680
		515,645			426,645

Creditors: amounts falling due within one year	5	(132,309)			(116,090)

Net current assets			383,336			310,555

Total assets less current liabilities			415,427			327,604

Creditors: amounts falling due after more than one year	6		-			(4,545)

Provisions for liabilities			(7,833)			(3,954)


Net assets			407,594			319,105

Capital and reserves
Called up share capital			3			3
Profit and loss account			407,591			319,102

Shareholder's funds			407,594			319,105

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr M H Knowles
Director
Approved by the board on 2 June 2026

Pentangle Internet Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			33% Straight Line
	Motor vehicles			25% Reducing balance

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.


2	Employees and directors					2026		2025
Number							Number

	Average number of directors and persons employed by the company					4		4


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2025			13,355		16,354		29,709
	Additions			22,367		8,000		30,367
	Disposals			(2,758)		-		(2,758)
	At 31 March 2026			32,964		24,354		57,318

	Depreciation
	At 1 April 2025			12,319		341		12,660
	Charge for the year			10,878		4,170		15,048
	On disposals			(2,481)		-		(2,481)
	At 31 March 2026			20,716		4,511		25,227

	Net book value
	At 31 March 2026			12,248		19,843		32,091
	At 31 March 2025			1,036		16,013		17,049




4	Debtors					2026		2025
£							£

	Trade debtors					77,830		43,853
	Prepayments					789		1,171
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					163,951		163,857
	Other debtors					497		84
						243,067		208,965


5	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					-		18,182
	Trade creditors					41,468		36,559
	Accruals					9,445		9,365
	Corporation tax					45,489		26,286
	Other taxes and social security costs					33,534		24,371
	Other creditors					2,373		1,327
						132,309		116,090


6	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		4,545


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr M H Knowles
	Repayable on demand	-		26		-		26

		-		26		-		26


8	Other information

	Pentangle Internet Limited is a private company limited by shares and incorporated in England. Its registered office is:
	6 Milam Close
	Arborfield
	Reading
	RG2 9FD