Penrose Products Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: 05759106 (England and Wales)

PENROSE PRODUCTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

Page

Company Information

1

Balance Sheet

2

DIRECTOR:

P Whittey

REGISTERED OFFICE:

Unit 8 Dukeries Court

Retford

DN22 7PX

REGISTERED NUMBER:

05759106 (England and Wales)

FIXED ASSETS

57,978

77,308

CURRENT ASSETS

168,603

163,230

CREDITORS

Amounts falling due within one year

(167,432

)

(128,619

)

NET CURRENT ASSETS

1,171

34,611

TOTAL ASSETS LESS CURRENT LIABILITIES

59,149

111,919

CREDITORS

Amounts falling due after more than one year

50,099

79,041

NET ASSETS

9,050

32,878

CAPITAL AND RESERVES

9,050

32,878

NOTE TO THE FINANCIAL STATEMENTS

1.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2017 and

31 March 2016:

2017

2016

£

£

P Whittey

Balance outstanding at start of year

30,667

40,443

Amounts advanced

40,031

30,667

Amounts repaid

(30,875

)

(40,443

)

Balance outstanding at end of year

39,823

30,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 18 December 2017 and were signed by:

P Whittey - Director