PNL Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 12762469 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2023

for

PNL Ltd

Page

Balance Sheet

1

FIXED ASSETS

34,246

31,857

CURRENT ASSETS

219,553

131,000

CREDITORS

Amounts falling due within one year

(1,800

)

(3,441

)

NET CURRENT ASSETS

217,753

127,559

TOTAL ASSETS LESS CURRENT LIABILITIES

251,999

159,416

CAPITAL AND RESERVES

251,999

159,416

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

PNL Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

12762469

Registered office:

Unit 3a

Hylton Park

Sunderland Enterprise Park

Sunderland

SR5 3HD

The presentation currency of the financial statements is the Pound Sterling (£).

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2022 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2023 and 31 July 2022:

2023

2022

£

£

Mr P N Lilley

Balance outstanding at start of year

-

54,791

Amounts advanced

89,405

57,045

Amounts repaid

(49,506

)

(111,836

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

39,899

-

The above advances are subject to interest at a rate of 2.5% per annum and are repayable on demand.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 25 October 2023 and were signed by:

Mr P N Lilley - Director