Company Registration No. 08921137 (England and Wales)
Penny Gyngell Ltd
Unaudited accounts
for the year ended 31 March 2017
Penny Gyngell Ltd
Unaudited accounts
Contents
Penny Gyngell Ltd
Company Information
for the year ended 31 March 2017
Company Number
08921137 (England and Wales)
Registered Office
Lower Ground Floor Office
37 Rodney Road
Cheltenham
Gloucestershire
GL50 1HX
Accountants
Wilkes Accountancy
Suite 28 Haddonsacre Business Centre
Station Road
Offenham
Worcestershire
WR11 8JJ
Penny Gyngell Ltd
Statement of financial position
as at
31 March 2017
Intangible assets
20,000
10,000
Cash at bank and in hand
3,498
2,658
Creditors: amounts falling due within one year
(7,536)
(6,750)
Net current liabilities
(2,038)
(2,029)
Total assets less current liabilities
17,962
7,971
Creditors: amounts falling due after more than one year
(2,421)
(12,313)
Net assets/(liabilities)
15,541
(4,342)
Called up share capital
1
1
Profit and loss account
15,540
(4,343)
Shareholders' funds
15,541
(4,342)
For the year ending 31 March 2017 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 her 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.
Approved by the Board on 28 December 2017.
P Gyngell
Director
Company Registration No. 08921137
Penny Gyngell Ltd
Notes to the Accounts
for the year ended 31 March 2017
Penny Gyngell Ltd is a private company, limited by shares, registered in England and Wales, registration number 08921137. The registered office is Lower Ground Floor Office, 37 Rodney Road, Cheltenham, Gloucestershire, GL50 1HX.
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 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Penny Gyngell Ltd
Notes to the Accounts
for the year ended 31 March 2017
Trade debtors
2,000
2,063
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
6,630
6,043
7
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
2,421
12,313
8
Share capital
2017
2016
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The ultimate controlling party is the director, by virtue of their shareholding of 100% of the issued share capital of the company.
10
Average number of employees
During the year the average number of employees was 0 (2016: 0).