Pendley Limited,Ltd - AccountsLtd - Accounts

Pendley Limited,Ltd - AccountsLtd - Accounts

PENDLEY LIMITED - Company Information

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2018-02-01 04359290 2019-01-31 04359290 2018-02-01 2019-01-31 04359290 2018-01-31 04359290 2017-02-01 2018-01-31 04359290 uk-core:WithinOneYear 2018-01-31 04359290 uk-core:WithinOneYear 2019-01-31 04359290 uk-core:ShareCapital 2019-01-31 04359290 uk-core:ShareCapital 2018-01-31 04359290 uk-core:RetainedEarningsAccumulatedLosses 2019-01-31 04359290 uk-core:RetainedEarningsAccumulatedLosses 2018-01-31 04359290 uk-bus:Director1 2018-02-01 2019-01-31 04359290 uk-core:ComputerEquipment 2018-02-01 2019-01-31 04359290 uk-core:CommercialMotorVehicles 2018-02-01 2019-01-31 04359290 uk-core:ComputerEquipment 2018-01-31 04359290 uk-core:CommercialMotorVehicles 2018-01-31 04359290 uk-core:CommercialMotorVehicles 2019-01-31 04359290 uk-core:ComputerEquipment 2019-01-31 iso4217:GBP 04359290 uk-bus:AuditExemptWithAccountantsReport 2018-02-01 2019-01-31 04359290 uk-bus:FRS102 2018-02-01 2019-01-31 04359290 uk-bus:FullAccounts 2018-02-01 2019-01-31 04359290 uk-bus:PrivateLimitedCompanyLtd 2018-02-01 2019-01-31
Pendley Limited
Registered Number:04359290
For the year ended 31 January 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2019
Pendley Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 January 2019
Pendley Limited
Statement of Financial Position
Registered Number :
04359290
£
£
2018
2019
Notes
Fixed assets
Property, plant and equipment
4,066
5,139
2
4,066
5,139
Current assets
Inventories
454,103
-
3
Trade and other receivables
20,459
26,580
4
509,080
Cash and cash equivalents
932,319
958,899
983,642
Trade and other payables: amounts falling due within one
year
(1,032,321)
(929,045)
5
(48,679)
29,854
Net current assets
Total assets less current liabilities
33,920
(43,540)
33,920
Net assets/liabilities
(43,540)
Capital and reserves
Called up share capital
2
2
Retained earnings
33,918
(43,542)
33,920
(43,540)
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 her 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.
Miss J Oakes Director
These financial statements were approved and authorised for issue by the Board on 28 October 2019 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 January 2019
Pendley Limited
Notes to the Financial Statements
Statutory Information
Pendley Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
04359290.
Registered address:
23 Porters Wood
St Albans
Hertfordshire
AL3 6PQ
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.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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:
50% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
£
£
£
Cost or
valuation
At 01 February 2018
16,441
941
15,500
542
542
-
Additions
At 31 January 2019
15,500
1,483
16,983
Provision for depreciation and impairment
At 01 February 2018
11,302
706
10,596
Charge for year
1,615
389
1,226
At 31 January 2019
12,917
1,095
11,822
At 31 January 2019
Net book value
3,678
388
4,066
At 31 January 2018
4,904
235
5,139
2 of 3
5
For the year ended 31 January 2019
Pendley Limited
Notes to the Financial Statements Continued
3. Inventories
2018
2019
£
£
Stocks
-
454,103
4. Trade and other receivables
2018
2019
£
£
Other debtors
26,580
20,459
5. Trade and other payables: amounts falling due within one year
2018
2019
£
£
Trade creditors
30,440
33,511
Taxation and social security
6,791
268
Other creditors
891,814
998,542
929,045
1,032,321
3 of 3