2022-12-01 2023-11-30 13010932 PINNACLE GROUP OF COMPANIES LTD false 13010932 2022-12-01 2023-11-30 13010932 uk-bus:Director1 2022-12-01 2023-11-30 13010932 uk-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13010932 uk-bus:SmallEntities 2022-12-01 2023-11-30 13010932 uk-bus:FullAccounts 2022-12-01 2023-11-30 13010932 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13010932 2022-12-01 13010932 2023-11-30 13010932 2022-11-30 xbrli:pure iso4217:GBP 13010932 2021-12-01 2022-11-30
Company Registration Number : 13010932 (England and Wales)
13010932
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-11-30
false
PINNACLE GROUP OF COMPANIES LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-12-01
PINNACLE GROUP OF COMPANIES LTD
Unaudited filleted financial statements
For the year ended 30 November 2023
PINNACLE GROUP OF COMPANIES LTD
Contents
For the year ended 30 November 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


PINNACLE GROUP OF COMPANIES LTD
Company Information
For the year ended 30 November 2023

Company registration number 13010932 (England and Wales)
Directors Paresh Madanlal Bagmar
Neha Raman Baldota
Registered office address 6 Coburg Gardens
6 Coburg Gardens
Ilford
Essex
IG5 0PP
Accountant DNS Associates
Chartered Institute of Management Accountants
382 Kenton Road
Harrow, Middlesex
HA3 8DP
PINNACLE GROUP OF COMPANIES LTD
Statement of Financial Position
For the year ended 30 November 2023

2023 2022
Notes £ £
Fixed assets
Investment Property 393,488 393,488
5 393,488 393,488
Current assets
Debtors 46,969 3,174
Cash and cash equivalents 10,075 11,236
57,044 14,410
Current liabilities
Creditors: Amounts falling due within one year (9,873) (8,964)
Corporation tax payable (445) (614)
(10,318) (9,578)
Net current assets/(liabilities) 46,726 4,831
Total assets less current liabilities 440,215 398,320
Non-current liabilities
Creditors: Amounts falling due after more than one year (436,004) (396,004)
Net assets/(liabilities) 4,211 2,316
Capital and reserves
Called up share capital 100 100
Retained earnings 4,111 2,216
Shareholders' funds 4,211 2,316
For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 November 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 23 August 2024
.............................
Paresh Madanlal Bagmar (Director)
Company registration number: 13010932
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-11-30 30 November 2023
2023 2022
£ £
Fixed Assets 393,488 393,488
Current Assets 57,044 14,410
Creditors: amounts falling due within one year (10,318) (9,578)
Net current assets (liabilities) 46,726 4,831
Total assets less current liabilities 440,215 398,320
CREDITORS: Amounts falling due more than one year (436,004) (396,004)
Net Assets (liabilities) 4,211 2,316
Capital and Reserves 4,211 2,316
For the year ending 30/11/2023 the company was entitled to exemption 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. For the year ending 30-11-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 23 August 2024 2024-08-23 and signed on behalf of the board,
.............................
Paresh Madanlal Bagmar
Director
Company registration number: 13010932
PINNACLE GROUP OF COMPANIES LTD
Notes to the Financial Statements
For the year ended 30 November 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 6 Coburg Gardens, 6 Coburg Gardens, Ilford, Essex, IG5 0PP.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Employees
During the year, the average number of employees including director was 0 (2022 : 0).

(5) Fixed assets
Investments
Property
£
Cost
As at 01 December 2022393,488
As at 30 November 2023393,488
Depreciation/Amortisation
As at 30 November 2023-
Net book value
As at 30 November 2023393,488
As at 30 November 2022393,488

(6) Investment Properties
These financial statements for the period ended 30 November 2023 are prepared in accordance with FRS 102 1a "The financial reporting standardapplicable in the UK and Republic of Ireland".
The property is being measured at the fair value under FRS 102 1a, and no fair value gains and losses are reported.

(7) Mortgage Loan
The mortgage loans are secured on the property held by the company.