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| DIRECTORS' REPORT |
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| FOR THEYEARENDED31 October 2022 |
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| The directors present their report and accounts for theyearended31 October 2022 |
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| DIRECTORS |
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| The directors who served during theyearwere as follows: |
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| DA Korsaks |
| MB McCarthy |
| K Patel |
| DP Shah |
| KD Southcote-Want (to 16/12/2022) |
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| STATEMENT OF DIRECTORS RESPONSIBILITIES |
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| The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulation.
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| Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements the directors are required to:
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| - Select suitable accounting policies and then apply them consistently;
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| - Make judgements and accounting estimates that are reasonable and prudent;
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| - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
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| The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. |
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| The report of the directors has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. |
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| This report was approved by the board on16 May 2023 |
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| Stephen J Woodward Limited |
| Director |
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| ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS |
| OF PENAIR LODGE (FREEHOLD) LIMITED, FOR THE YEAR ENDED 31 OCTOBER 2022 |
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| In order to assist you to fulfil your duties under the Companies Act 2006,
we have prepared for your approval the accounts of Penair Lodge (Freehold) Limited for the year ended
31 October 2022 as set out on pages 5 to
(1) from the company's accounting records and from
information and explanations you have given us. |
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| As a practising member of the Institute of Chartered Accountants in England & Wales, we are subject to
its ethical and other professional requirements which are detailed on their website. |
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| This report is made solely to the Board of Directors of Penair Lodge (Freehold) Limited,
as a body, in accordance with the terms of our engagement letter dated .
Our work has been undertaken solely to prepare for your approval the accounts of
Penair Lodge (Freehold) Limited and state those matters that we have agreed to state to the Board of Directors
of Penair Lodge (Freehold) Limited, as a body, in this report, in accordance with the requirements
of the Institute of Chartered Accountants in England & Wales as detailed on their website. To the fullest extent permitted by law,
we do not accept or assume responsibility to anyone other than Penair Lodge (Freehold) Limited and its Board
of Directors as a body for our work or for this report. |
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| It is your duty to ensure that Penair Lodge (Freehold) Limited has kept adequate accounting
records and to prepare statutory accounts that give a true and fair view of the assets,
liabilities, financial position and profitability of Penair Lodge (Freehold) Limited. You consider that
Penair Lodge (Freehold) Limited is exempt from the statutory audit requirement for the year. |
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| We have not been instructed to carry out an audit or a review of the
accounts of Penair Lodge (Freehold) Limited. For this reason, we have not verified the accuracy or completeness
of the accounting records or information and explanations you have given to us and we do not,
therefore, express any opinion on the statutory accounts. |
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| Reed-Ransted |
| Chartered Accountants |
| Finance House |
| 522 Uxbridge Road |
| Pinner |
| Middlesex |
| HA5 3PU |
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| 16 May 2023 |
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| BALANCE SHEET AT31 October 2022 |
| Registered number: 11623941 | | | | | | | | | | |
| | | | | | 2022 | | | | 2021 |
| | Notes | | | | £ | | | | £ |
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| FIXED ASSETS | | | | | | | | | | |
| Tangible assets | | | | | | 145,174 | | | | 145,174 |
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| CURRENT ASSETS | | | | | | | | | | |
| Debtors | | 5 | | 307 | | | | 320 | | |
| Cash at bank and in hand | | | | 130 | | | | 102 | | |
| | | | 437 | | | | 422 | | |
| CREDITORS: Amounts falling due within one year | | 6 | | 149,196 | | | | 148,496 | | |
| NET CURRENT LIABILITIES | | | | | | (148,759) | | | | (148,074) |
| TOTAL ASSETS LESS CURRENT LIABILITIES | | | | | | (3,585) | | | | (2,900) |
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| CAPITAL AND RESERVES | | | | | | | | | | |
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| Called up share capital | | 7 | | | | 5 | | | | 5 |
| Profit and loss account | | 8 | | | | (3,590) | | | | (2,905) |
| SHAREHOLDERS' FUNDS | | | | | | (3,585) | | | | (2,900) |
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| For the year ending 31 October 2022 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 and delivered in accordance with the
provisions applicable to companies subject to the small companies
regime. |
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| Approved by the board on16 May 2023and signed on
their behalf by | | | | | | | | | | |
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| ............................. | | | | | | | | | | |
| MB McCarthy | | | | | | | | | | |
| Director | | | | | | | | | | |
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