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Company Registration No. 14607128 (England and Wales)
Penney Inns Ltd Unaudited accounts for the year ended 31 January 2026
Penney Inns Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Penney Inns Ltd Company Information for the year ended 31 January 2026
Directors
J Penney S Penney
Company Number
14607128 (England and Wales)
Registered Office
Swan Inn The Street Monks Eleigh Ipswich Suffolk IP7 7AU England
Accountants
Aldertons Accountants Oak House 2 Woodward Close Ipswich Suffolk IP2 0EA
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Penney Inns Ltd Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
40,436 
38,744 
Current assets
Inventories
3,000 
3,000 
Debtors
5
- 
714 
Cash at bank and in hand
23,004 
14,910 
26,004 
18,624 
Creditors: amounts falling due within one year
6
(49,660)
(57,965)
Net current liabilities
(23,656)
(39,341)
Net assets/(liabilities)
16,780 
(597)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
16,680 
(697)
Shareholders' funds
16,780 
(597)
For the year ending 31 January 2026 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 directors acknowledge their 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 of Directors and authorised for issue on 16 October 2026 and were signed on its behalf by
J Penney Director Company Registration No. 14607128
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Penney Inns Ltd Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
Penney Inns Ltd is a private company, limited by shares, registered in England and Wales, registration number 14607128. The registered office is Swan Inn, The Street, Monks Eleigh, Ipswich, Suffolk, IP7 7AU, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
5 years
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 February 2025
9,613 
29,373 
19,000 
2,482 
657 
61,125 
Additions
1,000 
- 
- 
11,311 
- 
12,311 
At 31 January 2026
10,613 
29,373 
19,000 
13,793 
657 
73,436 
Depreciation
At 1 February 2025
596 
12,609 
8,313 
699 
164 
22,381 
Charge for the year
530 
5,875 
2,671 
1,379 
164 
10,619 
At 31 January 2026
1,126 
18,484 
10,984 
2,078 
328 
33,000 
Net book value
At 31 January 2026
9,487 
10,889 
8,016 
11,715 
329 
40,436 
At 31 January 2025
9,017 
16,764 
10,687 
1,783 
493 
38,744 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
714 
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Penney Inns Ltd Notes to the Accounts for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
4,229 
2,777 
Trade creditors
- 
590 
Loans from directors
45,431 
53,759 
Accruals
- 
839 
49,660 
57,965 
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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