Penn Haven (Freehold) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03785268 (England and Wales)

Unaudited Financial Statements

for the Year Ended

30 September 2020

for

Penn Haven (Freehold) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P L Greer

M G Grahame

R A Price

SECRETARY:

A J Robertson

REGISTERED OFFICE:

Wrights House

102-104 High Street

Great Missenden

Buckinghamshire

HP16 0BE

REGISTERED NUMBER:

03785268 (England and Wales)

ACCOUNTANTS:

Jacksons Accountants (Ascot) Limited

The Old Bakehouse

Course Road

Ascot

Berkshire

SL5 7HL

FIXED ASSETS

Tangible assets

4

22,148

Investments

5

1

22,149

CURRENT ASSETS

Debtors

6

1,308

85

Cash at bank

728

1,102

2,036

1,187

CREDITORS

Amounts falling due within one year

7

344

NET CURRENT ASSETS

1,692

843

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,841

22,992

CAPITAL AND RESERVES

Called up share capital

12

Share premium

22,399

Retained earnings

1,430

581

SHAREHOLDERS' FUNDS

23,841

22,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2020 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 28 April 2021 and were signed on its behalf by:

R A Price - Director

1.	STATUTORY INFORMATION

Penn Haven (Freehold) 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.

Turnover

Turnover represents ground rent charged to leaseholders for the year. This company is not registered for VAT.

Tangible fixed assets

These comprise the freehold of the property known as Penn Haven, Oak End Way, Gerrards Cross, Buckinghamshire. No depreciation is charged in accordance with the Financial Reporting Standard for Smaller Entities. The directors consider that this policy results in the financial statements showing a true and fair view.

Taxation

The company is a non-profit making enterprise and surpluses or deficits arising as result of differences between service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of corporation tax. Tax is payable on investment income only.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 October 2019

and 30 September 2020

22,148

NET BOOK VALUE

At 30 September 2020

22,148

At 30 September 2019

22,148

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2019

and 30 September 2020

1

NET BOOK VALUE

At 30 September 2020

1

At 30 September 2019

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

Amounts due from leaseholders

170

85

Other debtors

1,138

-

1,308

85

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.20

30.9.19

£

Other creditors

13

Accrued expenses

331

344

Penn Haven (Freehold) Limited - Accounts to registrar (filleted) - small 18.2

Penn Haven (Freehold) Limited - Accounts to registrar (filleted) - small 18.2