PINNACLE ASSET MANAGEMENT LTD

PINNACLE ASSET MANAGEMENT LTD
Contents Page
For the year ended 31 March 2023

Company information	1
Statement of financial position	2

PINNACLE ASSET MANAGEMENT LTD
Company Information
For the year ended 31 March 2023

Directors	Farid Rashid Sabbir Valimahomed
Registered Number	13253878
Registered Office	36 Mitcham Lane London SW16 6NW
Accountants	ASK ACCOUNTANTS UK LIMITED 178 Merton High Street London SW19 1AY

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PINNACLE ASSET MANAGEMENT LTD
Statement of Financial Position
As at 31 March 2023

	2023		2022
	£	£	£	£
Current assets	4		4
Net current assets		4		4
Total assets less current liabilities		4		4
Net assets		4		4


Capital and reserves		4		4

NOTES TO THE ACCOUNTS

General Information

PINNACLE ASSET MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 13253878, registration address 36 Mitcham Lane, London, SW16 6NW.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2.	Average number of employees Average number of employees during the year was 0 (2022 : 0).

For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 03 October 2023 and were signed on its behalf by:

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Farid Rashid
Director

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