Pivotal Point Group Ltd 12233642 true 2022-10-01 2023-09-30 2023-09-30 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true Mr D M Eaton Mrs V Eaton 12233642 2022-10-01 2023-09-30 12233642 2023-09-30 12233642 core:ShareCapital 2023-09-30 12233642 core:CurrentFinancialInstruments 2023-09-30 12233642 bus:FRS102 2022-10-01 2023-09-30 12233642 bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 12233642 bus:FullAccounts 2022-10-01 2023-09-30 12233642 bus:RegisteredOffice 2022-10-01 2023-09-30 12233642 bus:Director1 2022-10-01 2023-09-30 12233642 bus:Director2 2022-10-01 2023-09-30 12233642 bus:EntityHasNeverTraded 2022-10-01 2023-09-30 12233642 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30 12233642 countries:EnglandWales 2022-10-01 2023-09-30 12233642 2021-10-01 2022-09-30 12233642 2022-09-30 12233642 core:ShareCapital 2022-09-30 12233642 core:CurrentFinancialInstruments 2022-09-30 iso4217:GBP xbrli:pure

Registration number: 12233642

Pivotal Point Group Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2023

 

Pivotal Point Group Ltd

Profit and Loss Account for the Year Ended 30 September 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Pivotal Point Group Ltd

(Registration number: 12233642)
Balance Sheet as at 30 September 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

2

2

Capital and reserves

 

Called up share capital

2

2

Shareholders' funds

 

2

2

For the financial year ending 30 September 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; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 11 March 2024 and signed on its behalf by:
 


Mr D M Eaton
Director

 

Pivotal Point Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Shared Space 4
Belgrave Road
Gloucester
GL1 1QZ
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability on the balance sheet. The corresponding dividends relating to the liability component are charged as interest expenses in the profit and loss account.

 Recognition and measurement
All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
 
 

 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

Pivotal Point Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2023

4

Debtors

2023
£

2022
£

Other debtors

2

2

2

2