Penlaw Subco Limited - Period Ending 2017-10-31

WALNEP SUBCO LIMITED - Company Information

Penlaw Subco Limited 07947715 true 2016-11-01 2017-10-31 2017-10-31 The principal activity of the company is that of a dormant company Digita Accounts Production Advanced 6.21.8540.0 Software true R J Gray false 07947715 2016-11-01 2017-10-31 07947715 2017-10-31 07947715 bus:OrdinaryShareClass1 2017-10-31 07947715 bus:OrdinaryShareClass2 2017-10-31 07947715 core:ShareCapital 2017-10-31 07947715 bus:FRS102 2016-11-01 2017-10-31 07947715 bus:AuditExempt-NoAccountantsReport 2016-11-01 2017-10-31 07947715 bus:FullAccounts 2016-11-01 2017-10-31 07947715 bus:Director1 2016-11-01 2017-10-31 07947715 bus:OrdinaryShareClass1 2016-11-01 2017-10-31 07947715 bus:OrdinaryShareClass2 2016-11-01 2017-10-31 07947715 bus:PrivateLimitedCompanyLtd 2016-11-01 2017-10-31 07947715 1 2016-11-01 2017-10-31 07947715 countries:England 2016-11-01 2017-10-31 07947715 2015-11-01 2016-10-31 07947715 2016-10-31 07947715 bus:OrdinaryShareClass1 2016-10-31 07947715 bus:OrdinaryShareClass2 2016-10-31 07947715 core:ShareCapital 2016-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07947715

Penlaw Subco Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2017

Penlaw Subco Limited

(Registration number: 07947715)
Balance Sheet as at 31 October 2017

	Note	2017 £	2016 £
Current assets
Cash at bank and in hand		201	201
Capital and reserves
Called up share capital	3	201	201
Total equity		201	201

For the financial year ending 31 October 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his 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 and authorised by the director on 23 July 2018

.........................................

R J Gray

Director

The notes on pages 2 to 3 form an integral part of these financial statements.

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Penlaw Subco Limited

Notes to the Financial Statements for the Year Ended 31 October 2017

1	General information

The company is a private company limited by share capital incorporated in England.

The address of the registered office is 5 Prospect Place, Millennium Way, Pride Park, Derby, DE24 8HG.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling (£) and rounded to the nearest £1.

3	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary A shares of £1 each	200	200	200	200
Ordinary B share of £1 each	1	1	1	1
	201	201	201	201

4	Parent and ultimate parent undertaking

The company's immediate parent is Penlaw & Company Limited, incorporated in England.

The ultimate controlling party is R J Gray and E A Gray, the directors of the parent company.

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Penlaw Subco Limited

Notes to the Financial Statements for the Year Ended 31 October 2017

5	Transition to FRS 102

The financial statements are the company's first financial statements that comply with FRS 102. The date of transition to FRS 102 was 1 November 2015.

The transition to FRS 102 has not resulted in any changes between the amounts prepared previously under UK GAAP and those presented in compliance with FRS 102.

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