Penleaf Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11661250 (England and Wales)

PENLEAF LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31ST DECEMBER 2023

Page

Statement of Financial Position

1

to

2

FIXED ASSETS

12,463

8,542

CURRENT ASSETS

46,010

12,612

PREPAYMENTS AND ACCRUED INCOME

611

1,003

CREDITORS

Amounts falling due within one year

(8,025

)

(2,382

)

NET CURRENT ASSETS

38,596

11,233

TOTAL ASSETS LESS CURRENT LIABILITIES

51,059

19,775

ACCRUALS AND DEFERRED INCOME

33,495

1,458

NET ASSETS

17,564

18,317

CAPITAL AND RESERVES

17,564

18,317

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Penleaf Limited 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:

11661250

Registered office:

Dyer House

Dyer Street

CIRENCESTER

Gloucestershire

GL7 2PP

2.	AVERAGE NUMBER OF EMPLOYEES

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

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2023 and 31st December 2022:

2023

2022

£

£

Mr G W Hopkins and Mrs J E Hopkins

Balance outstanding at start of year

577

-

Amounts advanced

34,523

577

Amounts repaid

(2,712

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

32,388

577

Interest was charged on the above loan at 2.25% (2022: interest free) and the loan was repaid on 21 March 2024 (2022: 26 September 2023).

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 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 Board of Directors and authorised for issue on 22nd March 2024 and were signed on its behalf by:

Mrs J E Hopkins - Director

Mr G W Hopkins - Director