PENISTONE PINE & ANTIQUES LIMITED,Ltd - AccountsLtd - Accounts

PENISTONE PINE & ANTIQUES LIMITED,Ltd - AccountsLtd - Accounts

PENISTONE PINE & ANTIQUES LTD - Company Information

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2022-02-01 04992043 2023-01-31 04992043 2022-02-01 2023-01-31 04992043 2022-01-31 04992043 2021-02-01 2022-01-31 04992043 uk-core:WithinOneYear 2022-01-31 04992043 uk-core:WithinOneYear 2023-01-31 04992043 uk-core:ShareCapital 2023-01-31 04992043 uk-core:ShareCapital 2022-01-31 04992043 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 04992043 uk-core:RetainedEarningsAccumulatedLosses 2022-01-31 04992043 uk-bus:Director1 2022-02-01 2023-01-31 04992043 uk-core:PlantMachinery 2022-02-01 2023-01-31 04992043 uk-core:ComputerEquipment 2022-02-01 2023-01-31 04992043 uk-core:CommercialMotorVehicles 2022-02-01 2023-01-31 04992043 uk-core:ComputerEquipment 2022-01-31 04992043 uk-core:CommercialMotorVehicles 2022-01-31 04992043 uk-core:PlantMachinery 2022-01-31 04992043 uk-core:PlantMachinery 2023-01-31 04992043 uk-core:CommercialMotorVehicles 2023-01-31 04992043 uk-core:ComputerEquipment 2023-01-31 iso4217:GBP xbrli:pure 04992043 uk-bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 04992043 uk-bus:FRS102 2022-02-01 2023-01-31 04992043 uk-bus:FullAccounts 2022-02-01 2023-01-31 04992043 uk-bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
PENISTONE PINE & ANTIQUES LIMITED
Registered Number:04992043
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
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 2023
PENISTONE PINE & ANTIQUES LIMITED
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
20,245
25,200
2
20,245
25,200
Current assets
Inventories
200
350
3
94,746
Cash and cash equivalents
77,808
78,158
94,946
Trade and other payables: amounts falling due within one
year
(21,099)
(10,254)
4
73,847
67,904
Net current assets
Total assets less current liabilities
88,149
99,047
(3,847)
(4,788)
Provisions for liabilities
84,302
Net assets
94,259
Capital and reserves
Called up share capital
10
10
Retained earnings
84,292
94,249
84,302
94,259
Shareholders' funds
For the year ended 31 January 2023 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 2023 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 09 March 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 January 2023
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 2022
34,667
500
29,400
4,767
At 31 January 2023
4,767
29,400
500
34,667
Provision for depreciation and impairment
At 01 February 2022
9,467
311
5,880
3,276
Charge for year
4,955
28
4,704
223
At 31 January 2023
14,422
339
10,584
3,499
At 31 January 2023
Net book value
1,268
18,816
161
20,245
At 31 January 2022
1,491
23,520
189
25,200
2 of 3
5
For the year ended 31 January 2023
PENISTONE PINE & ANTIQUES LIMITED
Notes to the Financial Statements Continued
3. Inventories
2022
2023
£
£
Stocks
350
200
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
3
3,556
Other creditors
10,251
17,543
10,254
21,099
5. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
3 of 3