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REGISTERED NUMBER: 03733092 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Pinnacle Professional Services Limited

Pinnacle Professional Services Limited (Registered number: 03733092)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountant's Report 7

Pinnacle Professional Services Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: T Ryder
Mrs S D Ryder
Mrs L L Ryder
K W Ryder





SECRETARY: Mrs L L Ryder





REGISTERED OFFICE: Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN





REGISTERED NUMBER: 03733092 (England and Wales)





ACCOUNTANT: Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN

Pinnacle Professional Services Limited (Registered number: 03733092)

Statement of Financial Position
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,120 3,396

CURRENT ASSETS
Debtors 5 15,123 43,640
Cash at bank 25,173 4,644
40,296 48,284
CREDITORS
Amounts falling due within one year 6 68,635 25,001
NET CURRENT (LIABILITIES)/ASSETS (28,339 ) 23,283
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,781

26,679

CREDITORS
Amounts falling due after more than one
year

7

(6,343

)

-

PROVISIONS FOR LIABILITIES 8 - (1,199 )
NET ASSETS 7,438 25,480

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 6,438 24,480
SHAREHOLDERS' FUNDS 7,438 25,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Pinnacle Professional Services Limited (Registered number: 03733092)

Statement of Financial Position - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2023 and were signed on its behalf by:





T Ryder - Director


Pinnacle Professional Services Limited (Registered number: 03733092)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Pinnacle Professional Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pinnacle Professional Services Limited (Registered number: 03733092)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 1,220 - 40,655 41,875
Additions - 48,938 - 48,938
At 31 March 2023 1,220 48,938 40,655 90,813
DEPRECIATION
At 1 April 2022 504 - 37,975 38,479
Charge for year 144 9,176 894 10,214
At 31 March 2023 648 9,176 38,869 48,693
NET BOOK VALUE
At 31 March 2023 572 39,762 1,786 42,120
At 31 March 2022 716 - 2,680 3,396

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 12,104 42,401
Other debtors 3,019 1,239
15,123 43,640

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 23,521 -
Trade creditors 1,055 503
Taxation and social security 30,451 22,029
Other creditors 13,608 2,469
68,635 25,001

Pinnacle Professional Services Limited (Registered number: 03733092)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.23 31.3.22
£    £   
Hire purchase contracts 6,343 -

8. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax - 1,199

Deferred
tax
£   
Balance at 1 April 2022 1,199
Credit to Income Statement during year (1,199 )
Balance at 31 March 2023 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
1,000 Ordinary 1 1,000 1,000

Chartered Accountant's Report to the Board of Directors
on the Unaudited Financial Statements of
Pinnacle Professional Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Pinnacle Professional Services Limited for the year ended 31 March 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Pinnacle Professional Services Limited, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Pinnacle Professional Services Limited and state those matters that I have agreed to state to the Board of Directors of Pinnacle Professional Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Pinnacle Professional Services Limited and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that Pinnacle Professional Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pinnacle Professional Services Limited. You consider that Pinnacle Professional Services Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Pinnacle Professional Services Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.






Groucott Moor Limited
Lombard House
Cross Keys
Lichfield
Staffordshire
WS13 6DN


13 June 2023