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REGISTERED NUMBER: 07395208 (England and Wales)










Report of the Directors and

Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Pinnacle Living (The Pavilion) Ltd

Pinnacle Living (The Pavilion) Ltd (Registered number: 07395208)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


Pinnacle Living (The Pavilion) Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTORS: B H Miller
J A Miller





REGISTERED OFFICE: 2 Heap Bridge
Bury
Lancashire
BL9 7HR





REGISTERED NUMBER: 07395208 (England and Wales)





ACCOUNTANTS: Thompson Jones Business Solutions Limited
2 Heap Bridge
Bury
Lancashire
BL9 7HR

Pinnacle Living (The Pavilion) Ltd (Registered number: 07395208)

Report of the Directors
for the Year Ended 30 June 2023

The directors present their report with the financial statements of the company for the year ended 30 June 2023.

PRINCIPAL ACTIVITY
The principal activity of the company is that of a Licensed Restaurant.

DIRECTORS
B H Miller & J A Miller held office during the whole of the period from 1 July 2020 to the date of this report..

The directors own several businesses in addition to Pinnacle Living (The Pavilion) Ltd,
Pinnacle Living Ltd
Pinnacle Living 2 Ltd
Pinnacle Living 3 Ltd
Pinnacle Living Facilities Management Ltd

Amounts owed by participants related to businesses listed above as set out in note 13.

Pinnacle Living (The Pavilion) Ltd is a trading restaurant. The building used by restaurant is owned by private pension fund.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





B H Miller - Director


10 April 2024

Pinnacle Living (The Pavilion) Ltd (Registered number: 07395208)

Balance Sheet
30 June 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 45,277 51,849

CURRENT ASSETS
Stocks 6 20,000 4,000
Debtors 7 226,585 206,912
Cash at bank 91,632 147,102
338,217 358,014
CREDITORS
Amounts falling due within one year 8 (329,150 ) (340,451 )
NET CURRENT ASSETS 9,067 17,563
TOTAL ASSETS LESS CURRENT
LIABILITIES

54,344

69,412

CREDITORS
Amounts falling due after more than one
year

9

(34,361

)

(39,600

)
NET ASSETS 19,983 29,812

CAPITAL AND RESERVES
Called up share capital 11 2 2
Retained earnings 19,981 29,810
SHAREHOLDERS' FUNDS 19,983 29,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Pinnacle Living (The Pavilion) Ltd (Registered number: 07395208)

Balance Sheet - continued
30 June 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 April 2024 and were signed on its behalf by:





B H Miller - Director


Pinnacle Living (The Pavilion) Ltd (Registered number: 07395208)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:

2 Heap Bridge
Bury
Lancashire
BL9 7HR

The principal place of business is:

1 Birtle Brook Village West
Elbut Lane
Birtle
Bury
Lancashire
BL9 7UJ

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Pinnacle Living (The Pavilion) Ltd (Registered number: 07395208)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

3. ACCOUNTING POLICIES - continued
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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 19 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2022 184,420
Additions 1,225
At 30 June 2023 185,645
DEPRECIATION
At 1 July 2022 132,571
Charge for year 7,797
At 30 June 2023 140,368
NET BOOK VALUE
At 30 June 2023 45,277
At 30 June 2022 51,849

6. STOCKS
2023 2022
£    £   
Stocks 20,000 4,000

Pinnacle Living (The Pavilion) Ltd (Registered number: 07395208)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by participating interests 226,585 201,919
Other debtors - 4,993
226,585 206,912

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 10) 5,170 5,043
Trade creditors 142,922 138,848
Taxation and social security 58,874 47,322
Other creditors 122,184 149,238
329,150 340,451

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 10) 34,361 39,600

10. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 5,170 5,043

Amounts falling due between one and two years:
Bank loans - 1-2 years 5,170 5,043

Amounts falling due between two and five years:
Bank loans - 2-5 years 29,191 34,557

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary Shares 1 2 2