PINNACLE KARMA CONSULTANCY LTD |
Registered Number:11906396 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
PINNACLE KARMA CONSULTANCY LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
PINNACLE KARMA CONSULTANCY LTD
Statement of Financial Position
2022
2023
Property, plant and equipment |
3,149
3,936
2
3,149
3,936
Trade and other receivables |
79,906
104,601
3
7,713
Cash and cash equivalents |
2,437
107,038
87,619
Trade and other payables: amounts falling due within one |
year |
(18,162)
(29,238)
4
69,457
77,800
Net current assets
Total assets less current liabilities |
80,949
73,393
Trade and other payables: amounts falling due after more |
than one year |
(7,500)
(5,700)
5
75,249
Net assets
65,893
100
100
75,149
65,793
75,249
65,893
Shareholders' funds
For the year ended 31 March 2023 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 15 September 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
PINNACLE KARMA CONSULTANCY LTD
Notes to the Financial Statements
Statutory Information
PINNACLE KARMA CONSULTANCY LTD is a private limited company, limited by shares, domiciled in England and |
Wales, registration number 11906396. |
3 Mayfield Avenue
Harrow, Middlesex
HA3 8EX
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, 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: |
Furniture and Fittings
2. Property, plant and equipment |
4,920
4,920
Provision for depreciation and impairment |
984
Charge for year
787
1,771
3,149
3,936
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For the year ended 31 March 2023
PINNACLE KARMA CONSULTANCY LTD
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
33,300
12,000
71,301
67,906
79,906
104,601
The debtors above include the following amounts falling due after more than one year: |
71,301
67,906
4. Trade and other payables: amounts falling due within one year |
2022
2023
-
3,441
Taxation and social security |
2,631
5,870
26,607
8,851
29,238
18,162
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
5,700
7,500
6. Average number of persons employed |
During the year the average number of employees was 3 (2022 : 2)
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