Penny Harwood STC Trading Limited - Period Ending 2015-06-30

Registration number: 08113443

Penny Harwood STC Trading Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2014
 

Penny Harwood STC Trading Limited
Contents

Company Information 1

Directors' Report 2

Balance Sheet 3

Notes to the Financial Statements 4 to 5

Penny Harwood STC Trading Limited
Company Information

Directors

Mr Gordon Pugh Mr Jonathan Gain

Company secretary

Stellar Company Secretary Limited

Registered office

4 Princes Street London W1B 2LE

Bankers

Royal Bank of Scotland plc Marylebone North West House 119 Marylebone Road London NW1 5PY

Page 1

Penny Harwood STC Trading Limited
Directors' Report for the Year Ended 30 June 2014

The directors present their report and the unaudited financial statements for the year ended 30 June 2014.

Directors of the company

The directors who held office during the year were as follows:

Mr Gordon Pugh

Mr Jonathan Gain

Small company provisions

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 8 August 2014 and signed on its behalf by:

.........................................
Mr Gordon Pugh
Director

Page 2

Penny Harwood STC Trading Limited
(Registration number: 08113443)
Balance Sheet at 30 June 2014

		Note			30 June 2014 £			30 June 2013 £
Fixed assets
Investments		2			152,455			127,200
Current assets
Cash at bank and in hand					30,773			99,072
Creditors: Amounts falling due within one year		3			-			(38,518)
Net current assets					30,773			60,554
Net assets					183,228			187,754
Capital and reserves
Called up share capital		4			110,000			110,000
Share premium account		5			78,135			78,135
Revaluation reserve		5			(2,544)			-
Profit and loss account		5			(2,363)			(381)
Shareholders' funds					183,228			187,754

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).

For the year ending 30 June 2014 the company was entitled to exemption 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.

Approved and authorised for issue by the Board on 8 August 2014 and signed on its behalf by:

.........................................
Mr Gordon Pugh
Director

The notes on pages 4 to 5 form an integral part of these financial statements.
Page 3

Penny Harwood STC Trading Limited
Notes to the Financial Statements for the Year Ended 30 June 2014
......... continued

1	Accounting policies

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

2	Investments held as fixed assets

		30 June 2014 £			30 June 2013 £
Shares in group undertakings and participating interests		152,455			127,200

Shares in group undertakings and participating interests

		Joint ventures and associates £			Total £
Cost
At 1 July 2013		127,200			127,200
Additions		25,255			25,255
At 30 June 2014		152,455			152,455
Net book value
At 30 June 2014		152,455			152,455
At 30 June 2013		127,200			127,200

3	Creditors: Amounts falling due within one year

		30 June 2014 £			30 June 2013 £
Other creditors		-			38,518

Page 4

Penny Harwood STC Trading Limited
Notes to the Financial Statements for the Year Ended 30 June 2014
......... continued

4	Share capital

Allotted, called up and fully paid shares

	30 June 2014						30 June 2013
		No.			£			No.			£
Ordinary of £0.50 each		220,000			110,000			220,000			110,000

5

Reserves

		Share premium account £			Revaluation reserve £			Profit and loss account £			Total £
At 1 July 2013		78,135			-			(381)			77,754
Loss for the year		-			-			(1,982)			(1,982)
Unrealised loss on trade investments		-			(2,544)			-			(2,544)
At 30 June 2014		78,135			(2,544)			(2,363)			73,228

Page 5