1 June 2023 false No description of principal activity Taxfiler 2024.6 OC417211business:LimitedLiabilityPartnershipLLP2023-06-012024-05-31 OC4172112023-05-31 OC417211business:EntityHasNeverTraded2023-06-012024-05-31 OC4172112023-06-012024-05-31 OC417211business:AuditExempt-NoAccountantsReport2023-06-012024-05-31 OC417211business:FullAccounts2023-06-012024-05-31 OC4172112024-05-31 OC4172112023-05-31 OC417211core:WithinOneYear2024-05-31 OC417211core:WithinOneYear2023-05-31 OC417211core:AfterOneYear2024-05-31 OC417211core:AfterOneYear2023-05-31 OC417211core:ShareCapital2024-05-31 OC417211core:ShareCapital2023-05-31 OC417211core:RetainedEarningsAccumulatedLosses2024-05-31 OC417211core:RetainedEarningsAccumulatedLosses2023-05-31 OC417211business:SmallEntities2023-06-012024-05-31 OC417211business:PartnerLLP22023-06-012024-05-31 OC417211countries:EnglandWales2023-06-012024-05-31 OC417211business:RegisteredOffice2023-06-012024-05-31 OC4172112022-06-012023-05-31 iso4217:GBP xbrli:pure
Registered No. OC417211 (England and Wales)
PinnacleVille Business Group LLP Unaudited accounts for the year ended 31 May 2024
PinnacleVille Business Group LLP Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
48,000 
48,000 
Cash at bank and in hand
787 
647 
48,787 
48,647 
Creditors: amounts falling due within one year
(6,073)
- 
Net current assets
42,714 
48,647 
Total assets less current liabilities
42,714 
48,647 
Creditors: amounts falling due after more than one year
(30,659)
(42,690)
Net assets attributable to members
12,055 
5,957 
Represented by:
Loans and other debts due to members
15,618 
8,416 
Members' other interests
Members' capital classified as equity
100 
100 
Other reserves
(3,663)
(2,559)
(3,563)
(2,459)
12,055 
5,957 
Total members' interests
Loans and other debts due to members
15,618 
8,416 
Members' other interests
(3,563)
(2,459)
12,055 
5,957 
For the year ending 31 May 2024 the LLP was entitled to exemption under section 477 of the Companies Act 2006 (as applied to LLPs) relating to small LLPs.
The members acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 (as applied to LLPs) with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the members on 14 February 2025.
Olawale ADENAGBE Designated member Limited Liability Partnership Registration No. OC417211
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PinnacleVille Business Group LLP Notes to the Accounts for the year ended 31 May 2024
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Statement of Recommended Practice (SORP), Accounting by Limited Liability Partnerships.
Presentation currency
The accounts are presented in £ sterling.
2
Statutory information
PinnacleVille Business Group LLP is a limited liability partnership, incorporated in England and Wales, registration number OC417211. Its registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, ENGLAND.
3
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,073 
- 
4
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
30,659 
42,690 
5
Loans and other debts due to members
2024 
2023 
£ 
£ 
Loans from members
15,618 
8,416 
Amounts falling due within one year
15,618 
8,416 
Loans and other debts due to members rank equally with debts due to other unsecured creditors in the event of a winding up.
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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