Penny Lane House Ltd - Period Ending 2014-11-30

30 November 2014

Ordinary shares of £1 each

PENNY LANE HOUSE LTD - Company Information

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Registration number: 08794860

Penny Lane House Ltd

Unaudited Abbreviated Accounts

for the Period from 28 November 2013 to 30 November 2014

Stubbs Parkin Limited
Chartered Accountants
18a London Street
Southport
Merseyside
PR9 0UE

Penny Lane House Ltd
Contents

Abbreviated Balance Sheet

Notes to the Abbreviated Accounts

Penny Lane House Ltd
(Registration number: 08794860)
Abbreviated Balance Sheet at 30 November 2014

		Note		30 November 2014 £
	£		£
Current assets
Stocks					86,634
Debtors					99,801
Cash at bank and in hand					3
					186,438
Creditors: Amounts falling due within one year					(186,437)
Net assets					1
Capital and reserves
Called up share capital		2			1

For the year ending 30 November 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.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 28 August 2015 and signed on its behalf by:

.........................................
Mr K Tomlinson
Director

The notes on page 2 form an integral part of these financial statements.
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Penny Lane House Ltd
Notes to the Abbreviated Accounts for the Period from 28 November 2013 to 30 November 2014
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Work in progress

Work in progress is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2	Share capital

Allotted, called up and fully paid shares

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