Company registration number 13770364 (England and Wales)
PINNOCK UPHOLSTERY RETAIL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
PINNOCK UPHOLSTERY RETAIL LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PINNOCK UPHOLSTERY RETAIL LIMITED (REGISTERED NUMBER: 13770364)
BALANCE SHEET
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Debtors
3
598
1,245
Cash at bank and in hand
559
4,000
1,157
5,245
Creditors: amounts falling due within one year
4
(3,641)
(2,598)
Net current (liabilities)/assets
(2,484)
2,647
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(2,584)
2,547
Total equity
(2,484)
2,647
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial period ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 14 August 2024 and are signed on its behalf by:
Mr J Pinnock
Mr M Pinnock
Director
Director
PINNOCK UPHOLSTERY RETAIL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2024
- 2 -
1
Accounting policies
Company information
Pinnock Upholstery Retail Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 5c Beechcroft Farm Industrial Estate Chapel Woors Road Unit 5C Beechcroft Farm Ind Estate, Chapel Wood Road, Ash, Sevenoaks, Kent, TN15 7HX.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2023
2022
Number
Number
Total
2
2
PINNOCK UPHOLSTERY RETAIL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MAY 2024
- 3 -
3
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
1,245
Other debtors
598
598
1,245
4
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
2,558
Taxation and social security
598
Other creditors
1,083
2,000
3,641
2,598