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REGISTERED NUMBER: 08375332 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

PINK SINK LTD

PINK SINK LTD (REGISTERED NUMBER: 08375332)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PINK SINK LTD

COMPANY INFORMATION
for the Year Ended 31st March 2024







DIRECTOR: Ms Z H S Poskitt





REGISTERED OFFICE: Ossington Chambers
6/8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 08375332 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX

PINK SINK LTD (REGISTERED NUMBER: 08375332)

BALANCE SHEET
31st March 2024

31/3/24 31/3/23
Notes £    £   
CURRENT ASSETS
Debtors 5 5,688 6,642
Cash at bank 250 11,612
5,938 18,254
CREDITORS
Amounts falling due within one year 6 360,482 371,718
NET CURRENT LIABILITIES (354,544 ) (353,464 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(354,544

)

(353,464

)

CREDITORS
Amounts falling due after more than one year 7 104,975 130,581
NET LIABILITIES (459,519 ) (484,045 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (459,521 ) (484,047 )
SHAREHOLDERS' FUNDS (459,519 ) (484,045 )

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

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

The director acknowledges her 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.

PINK SINK LTD (REGISTERED NUMBER: 08375332)

BALANCE SHEET - continued
31st March 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10th February 2025 and were signed by:





Ms Z H S Poskitt - Director


PINK SINK LTD (REGISTERED NUMBER: 08375332)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Pink Sink 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.

Turnover
Turnover 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 - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 (2023 - NIL).

PINK SINK LTD (REGISTERED NUMBER: 08375332)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st April 2023
and 31st March 2024 1,512
DEPRECIATION
At 1st April 2023
and 31st March 2024 1,512
NET BOOK VALUE
At 31st March 2024 -
At 31st March 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Amounts owed by associates 5,688 6,642

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Bank loans and overdrafts 5,500 5,500
Other loans 112,514 112,514
Amounts owed to associates 118,632 53,590
Other creditors 39,068 39,249
Directors' current accounts 83,474 159,605
Accrued expenses 1,294 1,260
360,482 371,718

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/24 31/3/23
£    £   
Bank loans - 1-2 years 5,500 5,500
Bank loans - 2-5 years 16,500 16,500
Bank loans more than 5 years
repayable by instalments 8,879 14,277
Other creditors - 1-2 years 20,208 20,208
Other creditors - 2-5 years 53,888 60,624
Other creditors more 5 yr by
instal - 13,472
104,975 130,581

PINK SINK LTD (REGISTERED NUMBER: 08375332)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31/3/24 31/3/23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
repayable by instalments 8,879 14,277
Other creditors more 5 yr by
instal - 13,472
8,879 27,749

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/24 31/3/23
value: £    £   
1 Ordinary £1 1 1
1 B Ordinary £1 1 1
2 2