Penrose Products Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05759106 (England and Wales)

PENROSE PRODUCTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2019

Page

Balance Sheet

1

FIXED ASSETS

38,889

46,660

CURRENT ASSETS

246,745

230,415

CREDITORS

Amounts falling due within one year

(200,946

)

(195,687

)

NET CURRENT ASSETS

45,799

34,728

TOTAL ASSETS LESS CURRENT LIABILITIES

84,688

81,388

CREDITORS

Amounts falling due after more than one year

71,251

75,835

NET ASSETS

13,437

5,553

CAPITAL AND RESERVES

13,437

5,553

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Penrose Products Ltd is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address are as below:

Registered number:

05759106

Registered office:

Unit 2

Swanton Close

Randall Park Way

Retford

Nottinghamshire

DN22 7AR

2.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2019 and

31 March 2018:

2019

2018

£

£

P Whittey

Balance outstanding at start of year

52,259

39,823

Amounts advanced

38,562

42,436

Amounts repaid

(32,503

)

(30,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

58,318

52,259

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 director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director on 23 December 2019 and were signed by:

P Whittey - Director