Penhallow Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 09882987 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 20 November 2015 to 30 November 2016

for

Penhallow Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

M J Thriscutt

Mrs J A Penhallow

REGISTERED OFFICE:

41b Beach Road

Littlehampton

West Sussex

BN17 5JA

REGISTERED NUMBER:

09882987 (England and Wales)

FIXED ASSETS

Tangible assets

2

724

CURRENT ASSETS

Cash at bank

3,402

CREDITORS

Amounts falling due within one year

16,984

NET CURRENT LIABILITIES

(13,582

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,858

)

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

(12,860

)

SHAREHOLDERS' FUNDS

(12,858

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 27 April 2017 and were signed on its behalf by:

M J Thriscutt - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

965

At 30 November 2016

965

DEPRECIATION

Charge for period

241

At 30 November 2016

241

NET BOOK VALUE

At 30 November 2016

724

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

2

Ordinary

£1

2

2 Ordinary shares of £1 were issued during the period for cash of £ 2 .

4.	GOING CONCERN

At the balance sheet date the company had net current liabilities of £13,582 and total assets less current liabilities

of £12,858. The company is dependent on the continued support of its directors.