Penta Residential Lettings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03318732 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2019

for

Penta Residential Lettings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R N Mack

Mrs P M Stickells

SECRETARY:

R J Stickells

REGISTERED OFFICE:

66 Stormore

Dilton Marsh

Westbury

Wiltshire

BA13 4BH

REGISTERED NUMBER:

03318732 (England and Wales)

ACCOUNTANTS:

Moore Stephens

Chartered Accountants

30 Gay Street

Bath

BA1 2PA

FIXED ASSETS

Investment property

4

232,710

CURRENT ASSETS

Debtors

5

1,652

1,715

Cash at bank

2,287

3,846

3,939

5,561

CREDITORS

Amounts falling due within one year

6

1,530

1,451

NET CURRENT ASSETS

2,409

4,110

TOTAL ASSETS LESS CURRENT
LIABILITIES

235,119

236,820

PROVISIONS FOR LIABILITIES

22,800

NET ASSETS

212,319

214,020

CAPITAL AND RESERVES

Called up share capital

7

2

Fair value reserve

8

97,200

Retained earnings

115,117

116,818

SHAREHOLDERS' FUNDS

212,319

214,020

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 31 May 2019 and were signed on its
behalf by:

Mrs P M Stickells - Director

1.	STATUTORY INFORMATION

Penta Residential Lettings Limited 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising

from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive income

or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed

at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2018

and 31 March 2019

232,710

NET BOOK VALUE

At 31 March 2019

232,710

At 31 March 2018

232,710

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

Trade debtors

433

505

Other debtors

1,219

1,210

1,652

1,715

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.19

31.3.18

£

Other creditors

1,530

1,451

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.19

31.3.18

value:

£

2

Ordinary

£1

2

8.

RESERVES

Fair

value

reserve

£

At 1 April 2018

and 31 March 2019

97,200

Penta Residential Lettings Limited - Accounts to registrar (filleted) - small 18.2

Penta Residential Lettings Limited - Accounts to registrar (filleted) - small 18.2