PENISTONE PINE & ANTIQUES LIMITED,Ltd - AccountsLtd - Accounts

PENISTONE PINE & ANTIQUES LIMITED,Ltd - AccountsLtd - Accounts


2018-02-01 04992043 2019-01-31 04992043 2018-02-01 2019-01-31 04992043 2018-01-31 04992043 2017-02-01 2018-01-31 04992043 uk-core:WithinOneYear 2018-01-31 04992043 uk-core:WithinOneYear 2019-01-31 04992043 uk-core:ShareCapital 2019-01-31 04992043 uk-core:ShareCapital 2018-01-31 04992043 uk-core:RetainedEarningsAccumulatedLosses 2019-01-31 04992043 uk-core:RetainedEarningsAccumulatedLosses 2018-01-31 04992043 uk-bus:Director1 2018-02-01 2019-01-31 04992043 uk-core:PlantMachinery 2018-02-01 2019-01-31 04992043 uk-core:ComputerEquipment 2018-02-01 2019-01-31 04992043 uk-core:CommercialMotorVehicles 2018-02-01 2019-01-31 04992043 uk-core:ComputerEquipment 2018-01-31 04992043 uk-core:CommercialMotorVehicles 2018-01-31 04992043 uk-core:PlantMachinery 2018-01-31 04992043 uk-core:PlantMachinery 2019-01-31 04992043 uk-core:CommercialMotorVehicles 2019-01-31 04992043 uk-core:ComputerEquipment 2019-01-31 iso4217:GBP 04992043 uk-bus:AuditExemptWithAccountantsReport 2018-02-01 2019-01-31 04992043 uk-bus:FRS102 2018-02-01 2019-01-31 04992043 uk-bus:FullAccounts 2018-02-01 2019-01-31 04992043 uk-bus:PrivateLimitedCompanyLtd 2018-02-01 2019-01-31
PENISTONE PINE & ANTIQUES LIMITED
Registered Number:04992043
For the year ended 31 January 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2019
PENISTONE PINE & ANTIQUES LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 January 2019
PENISTONE PINE & ANTIQUES LIMITED
Statement of Financial Position
Registered Number :
04992043
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
3,062
3,879
2
3,062
3,879
Current assets
Inventories
1,110
200
3
Trade and other receivables
235
-
4
63,654
Cash and cash equivalents
86,416
86,616
64,999
Trade and other payables: amounts falling due within one
year
(2,115)
(6,275)
5
62,884
80,341
Net current assets
Total assets less current liabilities
83,403
66,763
(612)
(776)
Provisions for liabilities
82,791
Net assets
65,987
Capital and reserves
Called up share capital
10
10
Retained earnings
82,781
65,977
82,791
65,987
Shareholders' funds
For the year ended 31 January 2019 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 of its financial statements for the year ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Peter Lucas Director
These financial statements were approved and authorised for issue by the Board on 27 March 2019 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 January 2019
PENISTONE PINE & ANTIQUES LIMITED
Notes to the Financial Statements
Statutory Information
PENISTONE PINE & ANTIQUES LIMITED is a private limited company, limited by shares, domiciled in England and
Wales, registration number 04992043.
Registered address:
Units 2 & 3
Sheffield Road
Penistone
South Yorkshire
S36 6HP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
15% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 February 2018
21,829
500
17,600
3,729
At 31 January 2019
3,729
17,600
500
21,829
Provision for depreciation and impairment
At 01 February 2018
17,950
139
15,250
2,561
Charge for year
817
54
588
175
At 31 January 2019
18,767
193
15,838
2,736
At 31 January 2019
Net book value
993
1,762
307
3,062
At 31 January 2018
1,168
2,350
361
3,879
2 of 3
5
For the year ended 31 January 2019
PENISTONE PINE & ANTIQUES LIMITED
Notes to the Financial Statements Continued
3. Inventories
2018
2019
£
£
Stocks
200
1,110
4. Trade and other receivables
2018
2019
£
£
Other debtors
-
235
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Taxation and social security
4,095
1,111
Other creditors
2,180
1,004
6,275
2,115
3 of 3