Company Registration No. SC449880 (Scotland)
Pinpoint UW Limited
Unaudited accounts
for the year ended 31 December 2023
Pinpoint UW Limited
Unaudited accounts
Contents
Pinpoint UW Limited
Company Information
for the year ended 31 December 2023
Directors
Mr S Ruff
Mr R Lane
Company Number
SC449880 (Scotland)
Registered Office
61 GEORGE STREET
PERTH
PH1 5LB
Accountants
B&L - TaxKings Ltd
2 Charlotte Street
Perth
PH1 5LL
Pinpoint UW Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
190,173
191,297
Net current assets
283,777
283,748
Total assets less current liabilities
283,777
283,748
Creditors: amounts falling due after more than one year
41,148
40,966
Net assets
324,925
324,714
Called up share capital
197,874
197,874
Profit and loss account
127,051
126,840
Shareholders' funds
324,925
324,714
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 April 2024 and were signed on its behalf by
Mr S Ruff
Director
Company Registration No. SC449880
Pinpoint UW Limited
Notes to the Accounts
for the year ended 31 December 2023
Pinpoint UW Limited is a private company, limited by shares, registered in Scotland, registration number SC449880. The registered office is 61 GEORGE STREET, PERTH, PH1 5LB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
Other debtors
93,604
92,451
5
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
-
254
Loans from directors
(41,940)
(41,940)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Interest is charged at 2.75% and the loan is repayable on demand.
Pinpoint UW Limited
Notes to the Accounts
for the year ended 31 December 2023
7
Transactions with related parties
The company was under the control of Mr R Lane Throughout the current and previous year. Mr R Lane is the managing director and majority shareholder.
During the year to 31 December 2018 a loan of £78,000 was made to Lane property Investments Ltd, a company which is also under the control of Mr R Lane. The loan is interest free and repayable on demand. There have been no movements on the loan in the accounting period.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).