Penman Consulting Limited - Accounts to registrar (filleted) - small 23.1.2
Penman Consulting Limited - Accounts to registrar (filleted) - small 23.1.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2022 |
| FOR |
| PENMAN CONSULTING LIMITED |
| PENMAN CONSULTING LIMITED (REGISTERED NUMBER: 06725320) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| PENMAN CONSULTING LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 DECEMBER 2022 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Medina House |
| 2 Station Avenue |
| Bridlington |
| East Yorkshire |
| YO16 4LZ |
| PENMAN CONSULTING LIMITED (REGISTERED NUMBER: 06725320) |
| BALANCE SHEET |
| 31 DECEMBER 2022 |
| 31.12.22 | 31.12.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps 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 Sections 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. |
| PENMAN CONSULTING LIMITED (REGISTERED NUMBER: 06725320) |
| BALANCE SHEET - continued |
| 31 DECEMBER 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| PENMAN CONSULTING LIMITED (REGISTERED NUMBER: 06725320) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 DECEMBER 2022 |
| 1. | STATUTORY INFORMATION |
| Penman Consulting Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sale of services being consultancy and product stewardship, excluding value added tax. |
| Revenue is calculated on a time spent or contract basis and invoiced at the stage of completion, with accrued income adjusted as necessary. |
| Tangible fixed assets |
| Improvements to property | - |
| Fixtures & equipment | - |
| Computer equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
| Research and development |
| Expenditure on research and development is written off in the year in which it is incurred. |
| Foreign currencies |
| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
| PENMAN CONSULTING LIMITED (REGISTERED NUMBER: 06725320) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2022 |
| 2. | ACCOUNTING POLICIES - continued |
| Investments |
| Fixed asset investments in subsidiaries are stated at cost less impairment. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2022 |
| Additions |
| At 31 December 2022 |
| DEPRECIATION |
| At 1 January 2022 |
| Charge for year |
| At 31 December 2022 |
| NET BOOK VALUE |
| At 31 December 2022 |
| At 31 December 2021 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1 January 2022 |
| and 31 December 2022 |
| NET BOOK VALUE |
| At 31 December 2022 |
| At 31 December 2021 |
| PENMAN CONSULTING LIMITED (REGISTERED NUMBER: 06725320) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2022 |
| 5. | FIXED ASSET INVESTMENTS - continued |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: Avenue des Arts 10,1210 Brussels, Belgium |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Registered office: Medina House, 2 Station Avenue, Bridlington, YO16 4LZ, United Kingdom |
| Nature of business: |
| % |
| Class of shares: | holding |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Aggregate capital and reserves |
| Profit for the year |
| Registered office: Weena-zuid 130,3012 NC Rotterdam, The Netherlands |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ordinary | 100.00 |
| Penman Consulting NL BV is yet to commence trade in the country of incorporation. The company is to align the year end date with other companies within the group. |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| PENMAN CONSULTING LIMITED (REGISTERED NUMBER: 06725320) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 DECEMBER 2022 |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.12.22 | 31.12.21 |
| value: | £ | £ |
| Ordinary A | £1 | 94,985 | 94,995 |
| (31.12.21 - 94,995 ) |
| Ordinary B | £1 | 94,985 | 94,995 |
| (31.12.21 - 94,995 ) |
| Ordinary C | £1 | 10,000 | 10,000 |
| Ordinary D | £1 | 10,000 | 10,000 |
| 20,000 | Ordinary E | £1 | 20,000 | 20,000 |
| 20,000 | Ordinary F | £1 | 20,000 | 20,000 |
| 10 | Ordinary G | £1 | 10 | 10 |
| 10 | Ordinary H | £1 | 10 | - |
| (31.12.21 - NIL) |
| 10 | Ordinary I | £1 | 10 | - |
| (31.12.21 - NIL) |
| 250,000 | 250,000 |
| Allotted and issued: |
| Number: | Class: | Nominal | 31.12.22 | 31.12.21 |
| value: | £ | £ |
| 10 | Ordinary H | £1 | 10 | - |
| (31.12.21 - NIL) |
| 10 | Ordinary I | £1 | 10 | - |
| (31.12.21 - NIL) |
| 20 | - |
| 9. | CAPITAL COMMITMENTS |
| 31.12.22 | 31.12.21 |
| £ | £ |
| Contracted but not provided for in the |
| financial statements |