Penshaw Nursery Ltd - Accounts

Penshaw Nursery Ltd - Accounts

PENSHAW NURSERY LTD - Company Information

Print Friendly Version

2019-04-01 2020-03-31 false No description of principal activity Capium Accounts Production 1.1 05836585 bus:FullAccounts 2019-04-01 2020-03-31 05836585 bus:Micro-entities 2019-04-01 2020-03-31 05836585 bus:AuditExempt-NoAccountantsReport 2019-04-01 2020-03-31 05836585 bus:SmallCompaniesRegimeForAccounts 2019-04-01 2020-03-31 05836585 bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31 05836585 2019-04-01 2020-03-31 05836585 2020-03-31 05836585 bus:RegisteredOffice 2019-04-01 2020-03-31 05836585 core:WithinOneYear 2020-03-31 05836585 core:AfterOneYear 2020-03-31 05836585 bus:Director1 2019-04-01 2020-03-31 05836585 bus:Director1 2020-03-31 05836585 bus:Director1 2018-04-01 2019-03-31 05836585 2018-04-01 05836585 bus:CompanySecretary1 2019-04-01 2020-03-31 05836585 bus:LeadAgentIfApplicable 2019-04-01 2020-03-31 05836585 2018-04-01 2019-03-31 05836585 2019-03-31 05836585 core:WithinOneYear 2019-03-31 05836585 core:AfterOneYear 2019-03-31 05836585 bus:EntityAccountantsOrAuditors 2018-04-01 2019-03-31 05836585 core:LandBuildings 2019-04-01 2020-03-31 05836585 core:LandBuildings 2020-03-31 05836585 core:LandBuildings 2019-03-31 05836585 core:FurnitureFittings 2019-04-01 2020-03-31 05836585 core:FurnitureFittings 2020-03-31 05836585 core:FurnitureFittings 2019-03-31 05836585 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2020-03-31 05836585 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2019-03-31 05836585 core:NetGoodwill 2019-04-01 2020-03-31 05836585 core:NetGoodwill 2020-03-31 05836585 core:NetGoodwill 2019-03-31 05836585 core:CostValuation core:Non-currentFinancialInstruments 2020-03-31 05836585 core:CostValuation core:Non-currentFinancialInstruments 2019-03-31 05836585 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2020-03-31 05836585 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2020-03-31 05836585 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2020-03-31 05836585 core:Non-currentFinancialInstruments 2020-03-31 05836585 core:Non-currentFinancialInstruments 2019-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05836585
England and Wales

 

 

 

PENSHAW NURSERY LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2019

End date: 31 March 2020
  2020   2019
    £ £   £ £
Fixed assets   39,994      41,758 
Current assets 355,949      328,269   
Creditors: amount falling due within one year (269,222)     (212,937)  
Net current assets   86,727      115,332 
Total assets less current liabilities   126,721      157,090 
Creditors: amount falling due after more than one year   (36,397)     (72,050)
Net assets   90,324      85,040 
 

         
Capital and reserves   90,324      85,040 
 
NOTES TO THE ACCOUNTS

General Information
Penshaw Nursery Ltd is a private company, limited by shares , registered in England and Wales , registration number 05836585 , registration address 58 Durham Road, Birtley, DH3 2QJ.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
As with most businesses the company has been impacted by the Coronavirus (Covid-19). This has had an impact on operations, customers, suppliers and staff. Although the total impact is still uncertain the directors believe that it is appropriate to prepare the accounts on a going concern basis.
2.

Average number of employees


Average number of employees during the year was 2 (2019 : 2)

3.

Directors advances, credits and guarantees

Included in creditors: amounts due within one year, are amounts owed to the Director of £250,880. (2019 - £192,936)

For the year ended 31 March 2020 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with Section 476

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the financial reporting standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 29 March 2021 and were signed by:


--------------------------------
A Green
Director
1