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REGISTERED NUMBER: 12286669 (England and Wales)















Financial Statements for the Year Ended 31 October 2023

for

Pointscape Ltd.

Pointscape Ltd. (Registered number: 12286669)

Contents of the Financial Statements
for the Year Ended 31 October 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pointscape Ltd.

Company Information
for the Year Ended 31 October 2023







DIRECTORS: S E S Al Ghafli
G Kulaib





REGISTERED OFFICE: 238 Station Road
Addlestone
Surrey
KT15 2PS





REGISTERED NUMBER: 12286669 (England and Wales)





ACCOUNTANTS: Turner Hampton
Chartered Certified Accountants
238 Station Road
Addlestone
Surrey
KT15 2PS

Pointscape Ltd. (Registered number: 12286669)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 13,925 17,161
Investment property 5 3,759,000 3,759,000
3,772,925 3,776,161

CURRENT ASSETS
Debtors 6 13,007 11,608
Cash at bank 13,434 45,341
26,441 56,949
CREDITORS
Amounts falling due within one year 7 (3,317,833 ) (3,410,069 )
NET CURRENT LIABILITIES (3,291,392 ) (3,353,120 )
TOTAL ASSETS LESS CURRENT LIABILITIES 481,533 423,041

PROVISIONS FOR LIABILITIES (89,734 ) (89,733 )
NET ASSETS 391,799 333,308

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 8 358,933 358,933
Retained earnings 32,864 (25,627 )
SHAREHOLDERS' FUNDS 391,799 333,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Pointscape Ltd. (Registered number: 12286669)

Balance Sheet - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2024 and were signed on its behalf by:





S E S Al Ghafli - Director


Pointscape Ltd. (Registered number: 12286669)

Notes to the Financial Statements
for the Year Ended 31 October 2023


1. STATUTORY INFORMATION

Pointscape Ltd. 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 as modified by the revaluation of certain assets.

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 - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

Pointscape Ltd. (Registered number: 12286669)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and
fittings
£   
COST
At 1 November 2022 28,192
Additions 1,100
At 31 October 2023 29,292
DEPRECIATION
At 1 November 2022 11,031
Charge for year 4,336
At 31 October 2023 15,367
NET BOOK VALUE
At 31 October 2023 13,925
At 31 October 2022 17,161

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 3,759,000
NET BOOK VALUE
At 31 October 2023 3,759,000
At 31 October 2022 3,759,000

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2021 358,933
Cost 3,400,067
3,759,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 13,007 11,608

Pointscape Ltd. (Registered number: 12286669)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors - 1,441
Taxation and social security 17,899 15,472
Other creditors 3,299,934 3,393,156
3,317,833 3,410,069

8. RESERVES
Fair
value
reserve
£   
At 1 November 2022
and 31 October 2023 358,933