Company Registration No. 06867579 (England and Wales)
PENTLAND AVENUE LIMITED
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2016
PENTLAND AVENUE LIMITED
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2
PENTLAND AVENUE LIMITED
ABBREVIATED BALANCE SHEET
AS AT
30 SEPTEMBER 2016
30 September 2016
- 1 -
2016
2015
Notes
£
£
£
£
Current assets
Stocks
1,475,000
1,475,000
Debtors
61,721
37,731
Cash at bank and in hand
43,748
446,426
1,580,469
1,959,157
Creditors: amounts falling due within one year
(747,940)
(1,137,976)
Total assets less current liabilities
832,529
821,181
Creditors: amounts falling due after more than one year
2
(826,979)
(847,453)
5,550
(26,272)
Capital and reserves
Called up share capital
3
1
1
Profit and loss account
5,549
(26,273)
Shareholders' funds
5,550
(26,272)
For the financial period ended 30 September 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 20 December 2017
Mr R Patel
Director
Company Registration No. 06867579
PENTLAND AVENUE LIMITED
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable
in normal course of business. Rent receivable is recognised in the period to which it relates.
2
Creditors: amounts falling due after more than one year
2016
2015
£
£
Analysis of loans repayable in more than five years
Total amounts repayable by instalments which are due in more than five years
734,223
758,967
3
Share capital
2016
2015
£
£
Allotted, called up and fully paid
1 Ordinary share of £1 each
1
1