Abbreviated Company Accounts - PENNYHILL (UK) LIMITED

PENNYHILL (UK) LIMITED - Company Information

09287715 PENNYHILL (UK) LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 09287715 2015-11-01 2016-10-31 09287715 2016-10-31 09287715 2015-10-31 09287715 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 09287715 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 09287715

PENNYHILL (UK) LIMITED

Abbreviated Accounts

31 October 2016

PENNYHILL (UK) LIMITED Registered Number 09287715

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	146,869	133,744
		146,869	133,744
Current assets
Stocks		21,600	-
Debtors		7,448	9,417
Cash at bank and in hand		304	1,214
		29,352	10,631
Creditors: amounts falling due within one year		(123,069)	(71,763)
Net current assets (liabilities)		(93,717)	(61,132)
Total assets less current liabilities		53,152	72,612
Creditors: amounts falling due after more than one year		-	(53,644)
Total net assets (liabilities)		53,152	18,968
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		53,151	18,967
Shareholders' funds		53,152	18,968

For the year ending 31 October 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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.

Approved by the Board on 12 July 2017

And signed on their behalf by:
R Cooper, Director

PENNYHILL (UK) LIMITED Registered Number 09287715

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Tangible assets depreciation policy
Freehold property - not provided
Plant and Machinery - 25% on reducing balance

Valuation information and policy
Stocks are valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 November 2015	133,744
Additions	17,500
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	151,244
Depreciation
At 1 November 2015	-
Charge for the year	4,375
On disposals	-
At 31 October 2016	4,375
Net book values
At 31 October 2016	146,869
At 31 October 2015	133,744

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1