Pentre Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00179495 (England and Wales)

Financial Statements

for the Year Ended 31 March 2021

for

Pentre Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M F Seymour

Mrs J Meal

R P Johnstone

SECRETARY:

Mrs J Meal

REGISTERED OFFICE:

Unit 2, Penfield Road

Leigh

Lancashire

WN7 3PG

REGISTERED NUMBER:

00179495 (England and Wales)

AUDITORS:

Voisey & Co LLP

Statutory Auditor

8 Winmarleigh Street

Warrington

Cheshire

WA1 1JW

CURRENT ASSETS

Debtors

4

16,190

16,190

TOTAL ASSETS LESS CURRENT LIABILITIES

16,190

16,190

CAPITAL AND RESERVES

Called up share capital

5

10,695

10,695

Share premium

5,495

5,495

SHAREHOLDERS' FUNDS

16,190

16,190

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 18 October 2021 and were signed on its behalf by:

R P Johnstone - Director

1.	STATUTORY INFORMATION

Pentre Properties 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts owed by group undertakings

16,190

16,190

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

10,695

Ordinary

£1

10,695

10,695

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Philip Urmston (Senior Statutory Auditor)

for and on behalf of Voisey & Co LLP

7.	RELATED PARTY DISCLOSURES

Transactions with related parties

The company has taken advantage of the exemption available whereby it has not disclosed transactions with other group undertakings.

8.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Pentre Group Limited, a company registered in England and Wales.The ultimate parent of Pentre Group Limited is Pentre 2020 Limited, a company also registered in England and Wales.

The registered office of Pentre Holdings Limited and Pentre 2020 Limited is Unit 2, Penfield Road, Leigh, Lancashire, WN7 3PG.

Copies of the consolidated financial statements for Pentre 2020 Limited; this being the largest group of which the company is a member, and for Pentre Holdings Limited; this being the smallest group of which the company is a member, can be obtained from the Company Secretary, Unit 2, Penfield Road, Leigh, Lancashire, WN7 3PG.

The ultimate controlling party are the shareholders of Pentre 2020 Limited.