PENCOMBE HALL LTD

PENCOMBE HALL LTD

PENCOMBE HALL LTD - Company Information

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PENCOMBE HALL LTD

Company Registration Number:
07136435 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2021

Period of accounts

Start date: 01 April 2020

End date: 31 March 2021

PENCOMBE HALL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2021

Balance sheet
Notes

PENCOMBE HALL LTD

Balance sheet

As at 31 March 2021


Notes
2021
2020


£
£
Fixed assets
Intangible assets: 3 176,417 234,417
Tangible assets: 4 50,034 49,466
Total fixed assets: 226,451 283,883
Current assets
Debtors:   2,188 122,536
Cash at bank and in hand: 84,385 8
Total current assets: 86,573 122,544
Creditors: amounts falling due within one year:   (74,787) (128,044)
Net current assets (liabilities): 11,786 (5,500)
Total assets less current liabilities: 238,237 278,383
Creditors: amounts falling due after more than one year:   (158,196) (204,066)
Total net assets (liabilities): 80,041 74,317
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 79,041 73,317
Shareholders funds: 80,041 74,317

The notes form part of these financial statements

PENCOMBE HALL LTD

Balance sheet statements

For the year ending 31 March 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 December 2021
and signed on behalf of the board by:

Name: David Cope
Status: Director

The notes form part of these financial statements

PENCOMBE HALL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Land and buildings Leasehold @ No depreciationFixtures, fittings & equipment @ 25% straight line

PENCOMBE HALL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

2. Employees

2021 2020
Average number of employees during the period 27 36

PENCOMBE HALL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

3. Intangible Assets

Total
Cost £
At 01 April 2020 580,000
At 31 March 2021 580,000
Amortisation
At 01 April 2020 345,583
Charge for year 58,000
At 31 March 2021 403,583
Net book value
At 31 March 2021 176,417
At 31 March 2020 234,417

PENCOMBE HALL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2021

4. Tangible Assets

Total
Cost £
At 01 April 2020 102,208
Additions 649
At 31 March 2021 102,857
Depreciation
At 01 April 2020 52,742
Charge for year 81
At 31 March 2021 52,823
Net book value
At 31 March 2021 50,034
At 31 March 2020 49,466