PENN EQUITY LIMITED

Company Registration Number
14764015
(England and Wales)

Private limited company limited by shares
Registered office: 4 Upper Mill Mews, Chichester, PO19 6HD, England

Audit Exempt Micro-Entity Accounts

For the Year Ended 31 March 2026

Prepared in accordance with the micro-entity provisions
of the Companies Act 2006 and FRS 105

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PENN EQUITY LIMITED

Contents

Balance Sheet 3
Statement of Compliance 4
Notes to the Financial Statements 5-7
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PENN EQUITY LIMITED

Balance sheet

As at 31 March 2026

2026
£		 2025
£
Fixed assets 368,838 371,438
 
Current assets 6,081 1,528
Creditors: amounts falling due within one year (205) 0
Net current assets (liabilities) 5,876 1,528
Total assets less current liabilities 374,714 372,966
Creditors: amounts falling due after more than one year (250,000) (250,000)
 
Total net assets (liabilities) 124,714 122,966
 
Capital and reserves 124,714 122,966
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PENN EQUITY LIMITED

Balance sheet continued

For the year ending 31 March 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

The accounts were approved by the Board of Directors and authorised for issue on 30 September 2026.

GAVENAS, Mindaugas
Director

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PENN EQUITY LIMITED

Notes to the Financial Statements

for the Year Ended 31 March 2026

1. Accounting Policies

Turnover
Turnover is recognised when goods are delivered or services are provided.

Taxation
Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors
Debtors are recognised at the settlement amount due.

Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors
Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

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PENN EQUITY LIMITED

Notes to the Financial Statements (continued)

2. Basis of Preparation

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

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PENN EQUITY LIMITED

Notes to the Financial Statements (continued)

3. Employee Information

The average number of employees during the year was: 0

4. Off-balance sheet arrangements

The company had no off-balance sheet arrangements during the year.

5. Advances, credit and guarantees granted to directors

No advances or credit were granted to, and no guarantees were entered into on behalf of, the directors during the year.

6. Financial commitments, guarantees and contingencies

The company had no financial commitments, guarantees or contingencies that are not included in the balance sheet.

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