19 July 2023 v2024.50.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP150127332023-07-192024-03-31150127332024-03-3115012733core:WithinOneYear2024-03-3115012733core:ShareCapital2024-03-3115012733core:RetainedEarningsAccumulatedLosses2024-03-3115012733bus:Director12023-07-192024-03-3115012733bus:RegisteredOffice2023-07-192024-03-311501273312023-07-192024-03-3115012733countries:EnglandWales2023-07-192024-03-3115012733bus:AuditExemptWithAccountantsReport2023-07-192024-03-3115012733bus:PrivateLimitedCompanyLtd2023-07-192024-03-3115012733bus:SmallEntities2023-07-192024-03-3115012733bus:FullAccounts2023-07-192024-03-31
Company registration number:
15012733
Pinnacle Property Maintenance Ltd
Unaudited Filleted Financial Statements for the period ended
31 March 2024
Pinnacle Property Maintenance Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Pinnacle Property Maintenance Ltd
Period ended
31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Pinnacle Property Maintenance Ltd
for the period ended
31 March 2024
which comprise the income statement, statement of financial position, statement of changes in equity and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Members/​Doc/​rule/​2018-rulebook.pdf.
This report is made solely to the Board of Directors of
Pinnacle Property Maintenance Ltd
, as a body. My work has been undertaken solely to prepare for your approval the
financial statements
of
Pinnacle Property Maintenance Ltd
and state those matters that I have agreed to state to the Board of Directors of
Pinnacle Property Maintenance Ltd
, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/​content/​dam/​ACCA_Global/​Technical/​fact/​tf-163-jan-24.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Pinnacle Property Maintenance Ltd
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Pinnacle Property Maintenance Ltd
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Pinnacle Property Maintenance Ltd
. You consider that
Pinnacle Property Maintenance Ltd
is exempt from the statutory audit requirement for the period.
I have not been instructed to carry out an audit or a review of the financial statements of Pinnacle Property Maintenance Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
T M Akram & Associates Ltd
193 Dunstable Road
Luton
Bedfordshire
LU1 1BT
United Kingdom
Date:
25 August 2024
Pinnacle Property Maintenance Ltd
Statement of Financial Position
31 March 2024
31 Mar 2024
Note£
Current assets  
Debtors 5
10,248
 
Creditors: amounts falling due within one year 6
(2,447
)
Net current assets
7,801
 
Total assets less current liabilities 7,801  
Capital and reserves  
Called up share capital
100
 
Profit and loss account
7,701
 
Shareholders funds
7,801
 
For the period ending
31 March 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
25 August 2024
, and are signed on behalf of the board by:
Mr M Akram
Director
Company registration number:
15012733
Pinnacle Property Maintenance Ltd
Notes to the Financial Statements
Period ended
31 March 2024

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
193 Dunstable Road
,
Luton
,
LU1 1BT
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4 Average number of employees

The average number of persons employed by the company during the period was
1
.

5 Debtors

31 Mar 2024
£
Other debtors
10,248
 
As at the balance sheet, included in debtors due within one year £10,248 is due to Pinnacle Estates Management Ltd. The amount is interest free and repayable on demand.

6 Creditors: amounts falling due within one year

31 Mar 2024
£
Taxation and social security
1,807
 
Other creditors
640
 
2,447