PENTA UNITED LTD,Ltd - Accounts

PENTA UNITED LIMITED - Company Information

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PENTA UNITED LTD

For the year ended 31 March 2015

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 08961415

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Contents Page

PENTA UNITED LTD

For the year ended 31 March 2015

Accountants' Report

Balance Sheet

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Notes to the Abbreviated Financial Statements

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Accountants' Report

For the year ended 31 March 2015

PENTA UNITED LTD

As described on the balance sheet you are responsible for the preparation of the financial statements for the year

ended 31 March 2015 and you consider that the company is exempt from an audit under the Companies Act 2006.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you

to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

G Teoli & Co.

Certified Public Accountants

Balfour House

741 High Road

London

N12 0BP

24 December 2015

Dated:

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Abbreviated Balance Sheet

PENTA UNITED LTD

As at 31 March 2015

08961415

Registered Number :

2015

Notes

Fixed assets

Investments

493,038

Current assets

Debtors

627,082

Cash at bank and in hand

792,401

1,419,483

Creditors: amounts falling due within one year

(12,780)

1,406,703

Net current assets

Total assets less current liabilities

1,899,741

Net assets/liabilities

Capital and reserves

Called up share capital

100

Profit and loss account

1,899,641

1,899,741

Shareholders funds

For the year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Date approved by the board: 24 December 2015

Mr Ezio Stocco Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

For the year ended 31 March 2015

PENTA UNITED LTD

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currency

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange

ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the

transaction. All foreign exchange differences are included to the profit and loss account.

Dividends

Proposed dividends are only included as liabilities in the financial statements when their payment has been approved

by the shareholders prior to the balance sheet date.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2 Fixed asset investments

Fixed asset

investments

Cost

493,038

Additions

At 31 March 2015

493,038

Net book value

At 31 March 2015

493,038

3 Share capital

Allotted called up and fully paid

2015

100 Class A shares of £1.00 each

100

100 Class A £1.00 shares have been issued during the year at par for a cash consideration of £100.

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Notes to the Abbreviated Financial Statements

For the year ended 31 March 2015

PENTA UNITED LTD

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