Pinita Holdings Limited 11460840 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is that of holding investments. Digita Accounts Production Advanced 6.30.9574.0 true 11460840 2023-08-01 2024-07-31 11460840 2024-07-31 11460840 core:RetainedEarningsAccumulatedLosses 2024-07-31 11460840 core:RevaluationReserve 2024-07-31 11460840 core:ShareCapital 2024-07-31 11460840 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss core:CurrentFinancialInstruments 2024-07-31 11460840 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 11460840 bus:SmallEntities 2023-08-01 2024-07-31 11460840 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 11460840 bus:FullAccounts 2023-08-01 2024-07-31 11460840 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11460840 bus:RegisteredOffice 2023-08-01 2024-07-31 11460840 bus:Director1 2023-08-01 2024-07-31 11460840 bus:Director2 2023-08-01 2024-07-31 11460840 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11460840 countries:EnglandWales 2023-08-01 2024-07-31 11460840 2022-08-01 2023-07-31 11460840 2023-07-31 11460840 core:RetainedEarningsAccumulatedLosses 2023-07-31 11460840 core:RevaluationReserve 2023-07-31 11460840 core:ShareCapital 2023-07-31 11460840 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 11460840

Pinita Holdings Limited

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 July 2024

 

Pinita Holdings Limited

Contents

Abridged Balance Sheet

1 to 2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Pinita Holdings Limited

(Registration number: 11460840)
Abridged Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Current assets

 

Debtors

339

41

Other financial assets

4

697,658

645,694

Cash at bank and in hand

 

11,229

15,937

 

709,226

661,672

Creditors: Amounts falling due within one year

(604,187)

(605,101)

Total assets less current liabilities

 

105,039

56,571

Provisions for liabilities

(8,008)

(349)

Net assets

 

97,031

56,222

Capital and reserves

 

Called up share capital

100

100

Revaluation reserve

32,031

1,443

Profit and loss account

64,900

54,679

Total equity

 

97,031

56,222

 

Pinita Holdings Limited

(Registration number: 11460840)
Abridged Balance Sheet as at 31 July 2024

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 10 April 2025 and signed on its behalf by:
 

Mr B J Browne

Director

Mrs J M Browne

Director

 

Pinita Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Angeston Grange
Uley
Dursley
Gloucestershire
GL11 5AL

These financial statements were authorised for issue by the Board on 10 April 2025.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Investments

Investments in equity shares where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in the profit or loss account. Investments in equity shares where fair value cannot be measured reliably are measured at cost less impairment.

 

Pinita Holdings Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 July 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Current financial assets

Cost or valuation

At 1 August 2023

645,694

645,694

Fair value adjustments

30,588

30,588

Additions

163,465

163,465

Disposals

(142,089)

(142,089)

At 31 July 2024

697,658

697,658

Carrying amount

At 31 July 2024

697,658

697,658