Penny Farthing Gallery Limited in Southampton, SO30 2EA

Description

Data updated on: 01-11-2023

Penny Farthing Gallery is a business registered at SO30 2EA Southampton at 21 High Street. The firm has been operating since 2011 and is registered under reg. no. 07575648. The firm has been active on the English market for thirteen years now and company last known state is active. This company's SIC and NACE codes are 47781 which means Retail sale in commercial art galleries. Penny Farthing Gallery Ltd released its account information for the period that ended on Thursday 31st March 2022. The business latest annual confirmation statement was submitted on Saturday 18th March 2023.

As the information gathered suggests, the company was established in 2011 and has so far been overseen by eight directors, and out this collection of individuals two (Rebecca M. and James M.) are still active.

Executives who control the firm include: James M. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Rebecca M. owns 1/2 or less of company shares and has 1/2 or less of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-03-31	2013-03-31	2014-03-31	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	-4 714	20 028	27 939	34 522	36 691	-36 171

Balance Sheet
Cash Bank On Hand							10 450	2 573
Current Assets	13 556	17 755	13 235	14 413	21 473	10 416	16 397	8 520	7 167	7 167	24 808	19 889
Debtors	1 055			40	34		8	8
Net Assets Liabilities							30 913	26 221	18 258	14 300	30 579	27 243
Property Plant Equipment							68 621	68 518
Total Inventories							5 939	5 939
Cash Bank In Hand	8 981	11 746	7 296	8 434	15 500
Intangible Fixed Assets	25 000	40 000	35 000	30 000	25 000
Net Assets Liabilities Including Pension Asset Liability	-4 714		27 939	34 522	36 691	-36 171
Stocks Inventory	4 575	6 009	5 939	5 939	5 939
Tangible Fixed Assets		1 705	2 068	2 151	1 210

Capital & Reserves
Called Up Share Capital	100	100	100	100	100
Profit Loss Account Reserve	-4 814	19 928	27 839	34 422	36 591
Shareholder Funds	-4 714	20 028	27 939	34 522	36 691	-36 171

Other Financial Data
Accrued Liabilities Not Expressed Within Creditors Subtotal								242	242		1 160	1 160
Accumulated Amortisation Impairment Intangible Assets							35 000	40 000
Accumulated Depreciation Impairment Property Plant Equipment							4 151	4 254
Average Number Employees During Period									1	1	1	1
Creditors							8 938	4 908	6 658	5 616	3 640	3 392
Depreciation Amortisation Impairment Expense								5 102	5 102
Fixed Assets	25 000	41 705	37 068	32 151	26 210	20 307	83 621	78 518	73 416	68 416	68 416	68 416
Increase From Amortisation Charge For Year Intangible Assets								5 000
Increase From Depreciation Charge For Year Property Plant Equipment								103
Intangible Assets							15 000	10 000
Intangible Assets Gross Cost							50 000	50 000
Net Current Assets Liabilities	-29 714	-21 677	-9 129	2 801	10 723	5 043	7 459	3 612	509	1 551	21 168	16 497
Other Operating Expenses Format2								27 038	29 044
Profit Loss								-4 692	-7 963
Property Plant Equipment Gross Cost							72 772	72 772
Raw Materials Consumables Used								765	600
Staff Costs Employee Benefits Expense								22 544	23 943
Total Assets Less Current Liabilities	-4 714	20 028	27 939	34 952	36 933	25 350	91 080	82 130	73 925	69 967	89 584	84 913
Turnover Revenue								50 757	50 726
Creditors Due Within One Year	43 270	39 432	22 364	11 612	10 750	5 373
Intangible Fixed Assets Aggregate Amortisation Impairment	25 000	10 000	15 000	20 000	25 000
Intangible Fixed Assets Amortisation Charged In Period	25 000	5 000	5 000	5 000	5 000
Intangible Fixed Assets Cost Or Valuation	50 000	50 000	50 000	50 000
Number Shares Allotted	100	100	100	100	100
Par Value Share	1	1	1	1	1
Provisions For Liabilities Charges				430	242
Share Capital Allotted Called Up Paid	100	100	100	100	100
Tangible Fixed Assets Additions		2 207	1 099	1 050
Tangible Fixed Assets Cost Or Valuation		2 207	3 306	4 356
Tangible Fixed Assets Depreciation		502	1 238	2 205	3 146
Tangible Fixed Assets Depreciation Charged In Period		502	736	967	941
Provisions For Liabilities Balance Sheet Subtotal											2 178	843
Accruals Deferred Income Within One Year	1 184
Intangible Fixed Assets Additions	50 000
Other Creditors Due Within One Year	35 533
Accruals Deferred Income					242	281
Creditors Due After One Year						61 240
Taxation Social Security Due Within One Year	1 317
Trade Creditors Within One Year	5 236