Registered Number 04612097

PENKETH DEVELOPMENTS LIMITED

Abbreviated Accounts

31 December 2015

PENKETH DEVELOPMENTS LIMITED Registered Number 04612097

Abbreviated Balance Sheet as at 31 December 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 532,520 533,459
532,520 533,459
Current assets
Stocks 2,787,125 1,907,540
Debtors 186,763 103,279
Cash at bank and in hand 38,102 35,560
3,011,990 2,046,379
Creditors: amounts falling due within one year (568,715) (539,116)
Net current assets (liabilities) 2,443,275 1,507,263
Total assets less current liabilities 2,975,795 2,040,722
Creditors: amounts falling due after more than one year (801,833) (879,488)
Total net assets (liabilities) 2,173,962 1,161,234
Capital and reserves
Called up share capital 100,000 100,000
Profit and loss account 2,073,962 1,061,234
Shareholders' funds 2,173,962 1,161,234
  • For the year ending 31 December 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 15 February 2016

And signed on their behalf by:
David Himsworth, Director

PENKETH DEVELOPMENTS LIMITED Registered Number 04612097

Notes to the Abbreviated Accounts for the period ended 31 December 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 January 2015 534,502
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2015 534,502
Depreciation
At 1 January 2015 1,043
Charge for the year 939
On disposals -
At 31 December 2015 1,982
Net book values
At 31 December 2015 532,520
At 31 December 2014 533,459