Penny Lane 2001 Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04900988 (England and Wales)

Financial Statements

for the Year Ended 31 January 2026

for

Penny Lane 2001 Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J B Kaitiff

Ms G Stone

SECRETARY:

Mrs S S Kaitiff

REGISTERED OFFICE:

Oriel House

2 - 8 Oriel Road

Bootle

Merseyside

L20 7EP

REGISTERED NUMBER:

04900988 (England and Wales)

ACCOUNTANTS:

DJH Business Advisers Ltd T/A SB&P

Oriel House

2-8 Oriel Road

Bootle

L20 7EP

FIXED ASSETS

Tangible assets

4

300,000

CURRENT ASSETS

Debtors

5

103,043

91,850

Cash at bank

4,626

12,096

107,669

103,946

CREDITORS

Amounts falling due within one year

6

20,010

18,768

NET CURRENT ASSETS

87,659

85,178

TOTAL ASSETS LESS CURRENT LIABILITIES

387,659

385,178

CREDITORS

Amounts falling due after more than one year

7

(141,316

)

(150,619

)

PROVISIONS FOR LIABILITIES

(7,914

)

(7,914

)

NET ASSETS

238,429

226,645

CAPITAL AND RESERVES

Called up share capital

9

200

100

Revaluation reserve

10

128,890

Retained earnings

109,339

97,655

SHAREHOLDERS' FUNDS

238,429

226,645

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 5 July 2026 and were signed on its behalf by:

J B Kaitiff - Director

1.	STATUTORY INFORMATION

Penny Lane 2001 Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable, excluding value added tax.

Tangible fixed assets

Land and Buildings consist of investment properties which were revalued on an open market basis in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Going concern

The company meets its day to day working capital requirements by support from its parent company. No adjustments have been made to reflect the position if such support was withdrawn. This support is expected to continue for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 February 2025

and 31 January 2026

300,000

NET BOOK VALUE

At 31 January 2026

300,000

At 31 January 2025

300,000

Freehold property consists of investment properties.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Amounts owed by group undertakings

98,429

87,236

Other debtors

4,614

103,043

91,850

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

Bank loans and overdrafts

8,304

7,305

Taxation and social security

2,741

2,507

Other creditors

8,965

8,956

20,010

18,768

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

Bank loans

141,316

150,619

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

116,405

128,705

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

Bank loans

149,620

157,924

The bank loan is secured by way of a mortgage over the property to which it relates.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

200

Ordinary

£1

200

100

100 Ordinary shares of £1 were issued during the year for cash of £ 100 .

10.

RESERVES

Revaluation

reserve

£

At 1 February 2025

and 31 January 2026

128,890