Company Registration No. 02190209 (England and Wales)
PINEHIRE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
FILLETED ACCOUNTS
Tavistock House South
Tavistock Square
Rayner Essex LLP
London
Chartered Accountants
WC1H 9LG
PINEHIRE LIMITED
CONTENTS
Page
Statement of financial position
1
Notes to the financial statements
2 - 3
PINEHIRE LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2020
31 March 2020
- 1 -
2020
2019
Notes
£
£
£
£
Current assets
Debtors
3
17,917
17,917
Cash at bank and in hand
23
23
17,940
17,940
Creditors: amounts falling due within one year
4
(1,338)
(1,338)
Net current assets
16,602
16,602
Capital and reserves
Called up share capital
5
2
2
Profit and loss reserves
16,600
16,600
Total equity
16,602
16,602
The directors of the company have elected not to include a copy of the income statement within the financial statements.
true
For the financial year ended 31 March 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 22 December 2020 and are signed on its behalf by:
P Blanden
Director
Company Registration No. 02190209
PINEHIRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020
- 2 -
1
Accounting policies
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Income statement
The company has not traded during the year or the preceding financial
period
. During
this time
the company received no income and incurred no expenditure and therefore no
Income Statement
is presented
in these financial statements.
2
Employees
There were no employees during the current and prior financial years, other than the directors of the company.
3
Debtors
2020
2019
£
£
Amounts owed from group undertakings
17,917
17,917
4
Creditors: amounts falling due within one year
2020
2019
£
£
Amounts owed to group undertakings
1,338
1,338
An unlimited cross guarantee and debenture between the company and fellow group undertakings is held by the company's bankers.
5
Called up share capital
2020
2019
£
£
Ordinary share capital
Issued and fully paid
2 Ordinary shares of £1 each
2
2
PINEHIRE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2020
- 3 -
6
Parent company
The ultimate parent company is Bopco Limited, a private company limited by shares incorporated in England and Wales.
7
Company information
Pinehire Limited is a
private
company
limited by shares
incorporated in England and Wales.
The registered office is
Faulkner House, Victoria Street, St Albans, Hertfordshire, AL1 3SE.