Penyghent Interiors Limited
Statement of financial position
as at
31 January 2021
Cash at bank and in hand
118,034
86,803
Creditors: amounts falling due within one year
(10,092)
(12,286)
Net current assets
115,754
93,327
Net assets
115,754
97,977
Called up share capital
(2)
(2)
Profit and loss account
115,756
97,979
Shareholders' funds
115,754
97,977
For the year ending 31 January 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 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 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 and authorised for issue on 11 March 2021 and were signed on its behalf by
Jonathan Pinder
Director
Company Registration No. 8912675
Penyghent Interiors Limited
Notes to the Accounts
for the year ended 31 January 2021
Penyghent Interiors Limited is a private company, limited by shares, registered in England and Wales, registration number 8912675. The registered office is 19B THE GARDENS, MALTON ROAD, YORK, YO32 9TN, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
4
Tangible fixed assets
Motor vehicles
Cost or valuation
At cost
At 1 February 2020
27,900
At 31 January 2021
27,900
At 1 February 2020
23,250
Charge for the year
4,650
At 31 January 2021
27,900
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
7,812
18,810
Penyghent Interiors Limited
Notes to the Accounts
for the year ended 31 January 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
9,632
11,826
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).