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REGISTERED NUMBER: 06767018 (England and Wales)















PINNACLE SUPPORT LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2023






PINNACLE SUPPORT LIMITED (REGISTERED NUMBER: 06767018)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 7


PINNACLE SUPPORT LIMITED

Company Information
for the year ended 31 March 2023







Directors: P Scott
A M Scott





Registered office: First Floor
Saggar House
Princes Drive
Worcester
Worcestershire
WR1 2PG





Registered number: 06767018 (England and Wales)





Accountants: Cooper Parry Advisory Limited
5-6 Greenfield Crescent
Edgbaston
Birmingham
West Midlands
B15 3BE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Pinnacle Support 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 Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income 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, we have prepared for your approval the financial statements of Pinnacle Support Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are 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 Support Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pinnacle Support Limited and state those matters that we have agreed to state to the Board of Directors of Pinnacle Support Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pinnacle Support Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Pinnacle Support 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 Support Limited. You consider that Pinnacle Support Limited is exempt from the statutory audit requirement for the year.

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






Cooper Parry Advisory Limited
5-6 Greenfield Crescent
Edgbaston
Birmingham
West Midlands
B15 3BE


13 November 2023

PINNACLE SUPPORT LIMITED (REGISTERED NUMBER: 06767018)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 90,620 50,883

Current assets
Debtors 5 130,683 119,358
Cash at bank and in hand 201,864 247,927
332,547 367,285
Creditors
Amounts falling due within one year 6 81,165 122,636
Net current assets 251,382 244,649
Total assets less current liabilities 342,002 295,532

Creditors
Amounts falling due after more than one
year

7

-

(21,007

)

Provisions for liabilities (985 ) (9,668 )
Net assets 341,017 264,857

Capital and reserves
Called up share capital 2 2
Retained earnings 341,015 264,855
341,017 264,857

PINNACLE SUPPORT LIMITED (REGISTERED NUMBER: 06767018)

Balance Sheet - continued
31 March 2023


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.

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 November 2023 and were signed on its behalf by:




A M Scott - Director



P Scott - Director


PINNACLE SUPPORT LIMITED (REGISTERED NUMBER: 06767018)

Notes to the Financial Statements
for the year ended 31 March 2023

1. Statutory information

Pinnacle Support 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.

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 represents invoiced sales of services. Turnover is recognised when the service is provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Service contracts
Service contracts are accounted for under the stage of completion method and included at the contract value.

PINNACLE SUPPORT LIMITED (REGISTERED NUMBER: 06767018)

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 46 (2022 - 46 ) .

4. Tangible fixed assets
Fixtures
Leasehold and Motor Computer
improvements fittings vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 April 2022 7,395 7,039 161,447 7,549 183,430
Additions - - 73,108 1,798 74,906
Disposals - - (86,043 ) - (86,043 )
Reclassification/transfer - - 29,009 - 29,009
At 31 March 2023 7,395 7,039 177,521 9,347 201,302
Depreciation
At 1 April 2022 7,395 5,506 114,103 5,543 132,547
Charge for year - 375 28,976 1,270 30,621
Eliminated on disposal - - (68,550 ) - (68,550 )
Reclassification/transfer - - 16,064 - 16,064
At 31 March 2023 7,395 5,881 90,593 6,813 110,682
Net book value
At 31 March 2023 - 1,158 86,928 2,534 90,620
At 31 March 2022 - 1,533 47,344 2,006 50,883

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
Cost
At 1 April 2022 13,999
Transfer to ownership (13,999 )
At 31 March 2023 -
Depreciation
At 1 April 2022 10,815
Transfer to ownership (10,815 )
At 31 March 2023 -
Net book value
At 31 March 2023 -
At 31 March 2022 3,184

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 127,481 116,156
Prepayments 3,202 3,202
130,683 119,358

PINNACLE SUPPORT LIMITED (REGISTERED NUMBER: 06767018)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts - 50,000
Hire purchase contracts - 3,283
Trade creditors 28,218 20,936
Corporation tax 13,122 10,170
Social security and other taxes 36,021 24,826
Directors' current accounts 1,085 10,702
Accrued expenses 2,719 2,719
81,165 122,636

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Hire purchase contracts - 21,007

8. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts - 24,290