2 August 2022 false No description of principal activity Taxfiler 2024.1 14272250business:PrivateLimitedCompanyLtd2022-08-022023-08-31 142722502022-08-01 142722502022-08-022023-08-31 14272250business:AuditExempt-NoAccountantsReport2022-08-022023-08-31 14272250business:FilletedAccounts2022-08-022023-08-31 142722502023-08-31 14272250business:Director12022-08-022023-08-31 14272250business:RegisteredOffice2022-08-022023-08-31 14272250core:AfterOneYear2023-08-31 14272250core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 14272250core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 14272250core:PreviouslyStatedAmount2023-08-31 14272250business:SmallEntities2022-08-022023-08-31 14272250countries:EnglandWales2022-08-022023-08-31 14272250core:LandBuildings2022-08-022023-08-31 14272250core:LandBuildings2022-08-01 14272250core:LandBuildings2023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 14272250 (England and Wales)
Sb Pinnacle Inv Ltd Unaudited accounts for the period from 2 August 2022 to 31 August 2023
Sb Pinnacle Inv Ltd Unaudited accounts Contents
Page
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Sb Pinnacle Inv Ltd Company Information for the period from 2 August 2022 to 31 August 2023
Director
Narinder Bedi
Company Number
14272250 (England and Wales)
Registered Office
23 Campden Crescent Wembley Middlesex HA0 3JH England
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Sb Pinnacle Inv Ltd Statement of financial position as at 31 August 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
644,486 
Current assets
Cash at bank and in hand
7,072 
Net current assets
7,072 
Total assets less current liabilities
651,558 
Creditors: amounts falling due after more than one year
(658,837)
Net liabilities
(7,279)
Capital and reserves
Called up share capital
100 
Profit and loss account
(7,379)
Shareholders' funds
(7,279)
For the period ending 31 August 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 director acknowledges his 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 and authorised for issue on 1 May 2024 and were signed on its behalf by
Narinder Bedi Director Company Registration No. 14272250
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Sb Pinnacle Inv Ltd Notes to the Accounts for the period from 2 August 2022 to 31 August 2023
1
Statutory information
Sb Pinnacle Inv Ltd is a private company, limited by shares, registered in England and Wales, registration number 14272250. The registered office is 23 Campden Crescent, Wembley, Middlesex, HA0 3JH, England.
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.
3
Accounting policies
These financial statements for the period from 2 August 2022 to 31 August 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 2 August 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 2 August 2022
- 
Additions
644,486 
At 31 August 2023
644,486 
Depreciation
At 31 August 2023
- 
Net book value
At 31 August 2023
644,486 
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Sb Pinnacle Inv Ltd Notes to the Accounts for the period from 2 August 2022 to 31 August 2023
5
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
455,745 
Other creditors
203,092 
658,837 
6
Average number of employees
During the period the average number of employees was 0.
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