PENISTONE PINE & ANTIQUES LIMITED,Ltd - AccountsLtd - Accounts

PENISTONE PINE & ANTIQUES LIMITED,Ltd - AccountsLtd - Accounts

PENISTONE PINE & ANTIQUES LTD - Company Information

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2021-02-01 04992043 2022-01-31 04992043 2021-02-01 2022-01-31 04992043 2021-01-31 04992043 2020-02-01 2021-01-31 04992043 uk-core:WithinOneYear 2021-01-31 04992043 uk-core:WithinOneYear 2022-01-31 04992043 uk-core:ShareCapital 2022-01-31 04992043 uk-core:ShareCapital 2021-01-31 04992043 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 04992043 uk-core:RetainedEarningsAccumulatedLosses 2021-01-31 04992043 uk-bus:Director1 2021-02-01 2022-01-31 04992043 uk-core:PlantMachinery 2021-02-01 2022-01-31 04992043 uk-core:ComputerEquipment 2021-02-01 2022-01-31 04992043 uk-core:CommercialMotorVehicles 2021-02-01 2022-01-31 04992043 uk-core:ComputerEquipment 2021-01-31 04992043 uk-core:CommercialMotorVehicles 2021-01-31 04992043 uk-core:PlantMachinery 2021-01-31 04992043 uk-core:PlantMachinery 2022-01-31 04992043 uk-core:CommercialMotorVehicles 2022-01-31 04992043 uk-core:ComputerEquipment 2022-01-31 iso4217:GBP xbrli:pure 04992043 uk-bus:AuditExemptWithAccountantsReport 2021-02-01 2022-01-31 04992043 uk-bus:FRS102 2021-02-01 2022-01-31 04992043 uk-bus:FullAccounts 2021-02-01 2022-01-31 04992043 uk-bus:PrivateLimitedCompanyLtd 2021-02-01 2022-01-31
PENISTONE PINE & ANTIQUES LIMITED
Registered Number:04992043
For the year ended 31 January 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2022
PENISTONE PINE & ANTIQUES LIMITED
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04992043
As at 31 January 2022
PENISTONE PINE & ANTIQUES LIMITED
Statement of Financial Position
£
£
2021
2022
Notes
Fixed assets
Property, plant and equipment
25,200
2,137
2
25,200
2,137
Current assets
Inventories
225
200
3
74,711
Cash and cash equivalents
94,746
94,946
74,936
Trade and other payables: amounts falling due within one
year
(12,198)
(21,099)
4
62,738
73,847
Net current assets
Total assets less current liabilities
99,047
64,875
(4,788)
(406)
Provisions for liabilities
94,259
Net assets
64,469
Capital and reserves
Called up share capital
10
10
Retained earnings
94,249
64,459
94,259
64,469
Shareholders' funds
For the year ended 31 January 2022 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 2022 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
Mr Peter Lucas Director
These financial statements were approved and authorised for issue by the Board on 16 March 2022 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 January 2022
PENISTONE PINE & ANTIQUES LIMITED
Notes to the Financial Statements
Statutory Information
PENISTONE PINE & ANTIQUES LIMITED is a private limited company, limited by shares, domiciled in England and
Wales, registration number 04992043.
Registered address:
Units 2 & 3
Sheffield Road
Penistone
South Yorkshire
S36 6HP
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.
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:
Plant and machinery
15% Reducing balance
15% Reducing balance
Computer equipment
20% Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 February 2021
21,829
500
17,600
3,729
30,438
-
29,400
1,038
Additions
-
(17,600)
-
Disposals
(17,600)
At 31 January 2022
4,767
29,400
500
34,667
Provision for depreciation and impairment
At 01 February 2021
19,692
278
16,402
3,012
Charge for year
6,177
33
5,880
264
(16,402)
-
(16,402)
-
On disposal
At 31 January 2022
9,467
311
5,880
3,276
At 31 January 2022
Net book value
1,491
23,520
189
25,200
At 31 January 2021
717
1,198
222
2,137
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5
For the year ended 31 January 2022
PENISTONE PINE & ANTIQUES LIMITED
Notes to the Financial Statements Continued
3. Inventories
2021
2022
£
£
Stocks
200
225
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Taxation and social security
3,556
3,792
Other creditors
17,543
8,406
21,099
12,198
5. Average number of persons employed
During the year the average number of employees was 1 (2021 : 1)
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