Peneil Property Co. Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 01096530 (England and Wales)

Unaudited Financial Statements for the Year Ended 26 April 2023

for

Peneil Property Co. Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Rice

P Robinson

REGISTERED OFFICE:

First Floor Office

Westerham Garage

190 London Road

Westerham

Kent

TN16 2DJ

REGISTERED NUMBER:

01096530 (England and Wales)

ACCOUNTANTS:

AFS Accountants

First Floor Office

Westerham Garage

190 London Road

Westerham

Kent

TN16 2DJ

FIXED ASSETS

Investment property

4

60,053

60,053

CURRENT ASSETS

Cash at bank

22,731

39,301

CREDITORS

Amounts falling due within one year

5

26,313

25,470

NET CURRENT (LIABILITIES)/ASSETS

(3,582

)

13,831

TOTAL ASSETS LESS CURRENT LIABILITIES

56,471

73,884

CAPITAL AND RESERVES

Called up share capital

2,800

2,800

Share premium

7,200

7,200

Capital redemption reserve

22,500

22,500

Retained earnings

23,971

41,384

56,471

73,884

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 26 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 26 April 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 14 August 2023 and were signed on its behalf by:

N Rice - Director

P Robinson - Director

1.	STATUTORY INFORMATION

Peneil Property Co. 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 27 April 2022

and 26 April 2023

60,053

NET BOOK VALUE

At 26 April 2023

60,053

At 26 April 2022

60,053

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

26.4.23

26.4.22

£

£

Trade creditors

2

1

Taxation and social security

5,298

5,878

Other creditors

21,013

19,591

26,313

25,470