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REGISTERED NUMBER: 10192288 (England and Wales)















PINNACLE FITNESS AND HEALTH LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024






PINNACLE FITNESS AND HEALTH LIMITED (REGISTERED NUMBER: 10192288)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PINNACLE FITNESS AND HEALTH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Mr G Sotiri





REGISTERED OFFICE: Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE





REGISTERED NUMBER: 10192288 (England and Wales)





ACCOUNTANTS: Kounnis And Partners Ltd
Chartered Certified Accountants
Sterling House
Fulbourne Road
Walthamstow
London
E17 4EE

PINNACLE FITNESS AND HEALTH LIMITED (REGISTERED NUMBER: 10192288)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 10,811 17,399

CURRENT ASSETS
Cash at bank 96,703 99,745

CREDITORS
Amounts falling due within one year 5 (93,242 ) (111,901 )
NET CURRENT ASSETS/(LIABILITIES) 3,461 (12,156 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,272

5,243

PROVISIONS FOR LIABILITIES (2,703 ) (4,350 )
NET ASSETS 11,569 893

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,469 793
SHAREHOLDERS' FUNDS 11,569 893

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 26 September 2024 and were signed by:



Mr G Sotiri - Director


PINNACLE FITNESS AND HEALTH LIMITED (REGISTERED NUMBER: 10192288)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

Pinnacle Fitness And Health Limited 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.

Turnover
Revenue 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.
Plant and machinery etc - 25% on cost and 15% on cost

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
The charge for taxation takes into account taxation deferred as a result of timing differences between the
treatment of certain item for taxation and accounting purposes. In general, deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

However, deferred tax assets are recognised only to the extent that the director considers that it is more likelythan not that there will be suitable taxable profits from which the future reversal of the underlying timing
differences can be deducted. Deferred tax is not recognised on revaluation gains. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in the periods in which the timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PINNACLE FITNESS AND HEALTH LIMITED (REGISTERED NUMBER: 10192288)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. PROPERTY, PLANT AND EQUIPMENT
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 42,251 4,751 47,002
DEPRECIATION
At 1 June 2023 26,519 3,084 29,603
Charge for year 5,625 963 6,588
At 31 May 2024 32,144 4,047 36,191
NET BOOK VALUE
At 31 May 2024 10,107 704 10,811
At 31 May 2023 15,732 1,667 17,399

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors - 156
Taxation and social security 4,056 7,020
Other creditors 89,186 104,725
93,242 111,901

6. CONTROLLING PARTY

The ultimate controlling party is Mr G Sotiri.