Company Registration No. 01445673 (England and Wales)
Pennine Heritage Limited
Unaudited accounts
for the year ended 31 March 2021
Pennine Heritage Limited
Unaudited accounts
Contents
Pennine Heritage Limited
Company Information
for the year ended 31 March 2021
Directors
JA Schofield
B Atack
S Boyle
DE Fletcher
P Kennedy
P Webber
A Rae
A Birch
D Greensmith
Company Number
01445673 (England and Wales)
Registered Office
THE BIRCHCLIFFE CENTRE
HEBDEN BRIDGE
WEST YORKSHIRE
HX7 8DG
Accountants
Gledhill Accountancy Ltd
26 Halifax Road
Todmorden
OL14 5QG
Pennine Heritage Limited
Accountants' report
Accountants' report to the board of directors of Pennine Heritage Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Pennine Heritage Limited for the year ended
31 March 2021 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Pennine Heritage Limited, as a body, in accordance with the terms of our engagement letter dated 1 June 2021. Our work has been undertaken solely to prepare for your approval the accounts of Pennine Heritage Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pennine Heritage Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pennine Heritage Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Pennine Heritage Limited. You consider that Pennine Heritage Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Pennine Heritage Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Gledhill Accountancy Ltd
26 Halifax Road
Todmorden
OL14 5QG
31 December 2021
Pennine Heritage Limited
Statement of financial position
as at
31 March 2021
Tangible assets
729,766
726,582
Cash at bank and in hand
127,688
88,795
Creditors: amounts falling due within one year
(8,571)
(9,954)
Net current assets
124,987
83,553
Total assets less current liabilities
854,753
810,135
Creditors: amounts falling due after more than one year
(152,830)
(159,881)
Net assets
701,923
650,254
Profit and loss account
701,923
650,254
Shareholders' funds
701,923
650,254
For the year ending 31 March 2021 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2021 and were signed on its behalf by
JA Schofield
Director
Company Registration No. 01445673
Pennine Heritage Limited
Notes to the Accounts
for the year ended 31 March 2021
Pennine Heritage Limited is a private company, limited by shares, registered in England and Wales, registration number 01445673. The registered office is THE BIRCHCLIFFE CENTRE, HEBDEN BRIDGE, WEST YORKSHIRE, HX7 8DG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2021 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2019.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2020
726,554
14,515
741,069
At 31 March 2021
726,554
20,473
747,027
At 1 April 2020
1,554
12,933
14,487
Charge for the year
-
2,774
2,774
At 31 March 2021
1,554
15,707
17,261
At 31 March 2021
725,000
4,766
729,766
At 31 March 2020
725,000
1,582
726,582
Pennine Heritage Limited
Notes to the Accounts
for the year ended 31 March 2021
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
4,870
3,712
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
6,811
7,064
7
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
152,830
159,881
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).