Company Registration No. 05266207 (England and Wales)
Pinseeker (UK) Limited
Unaudited accounts
for the year ended 30 September 2024
Pinseeker (UK) Limited
Unaudited accounts
Contents
Pinseeker (UK) Limited
Company Information
for the year ended 30 September 2024
Directors
Simon Elliott
David Fairclough
Christopher Farrimond
Michael Gara
Graham Greenwood
Company Number
05266207 (England and Wales)
Registered Office
Pinseeker (UK) Limited
Unit 22-23 King Street Trading Estate
Middlewich
Cheshire
CW10 9LF
England
Pinseeker (UK) Limited
Statement of financial position
as at 30 September 2024
Tangible assets
105,704
106,545
Inventories
495,079
549,037
Cash at bank and in hand
293,367
162,081
Creditors: amounts falling due within one year
(327,802)
(327,587)
Net current assets
693,509
581,479
Total assets less current liabilities
799,213
688,024
Creditors: amounts falling due after more than one year
(42,405)
(97,813)
Provisions for liabilities
Deferred tax
(24,165)
(24,022)
Net assets
732,643
566,189
Called up share capital
100
100
Profit and loss account
732,543
566,089
Shareholders' funds
732,643
566,189
For the year ending 30 September 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by
Michael Gara
Director
Company Registration No. 05266207
Pinseeker (UK) Limited
Notes to the Accounts
for the year ended 30 September 2024
Pinseeker (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 05266207. The registered office is Pinseeker (UK) Limited, Unit 22-23 King Street Trading Estate, Middlewich, Cheshire, CW10 9LF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
33% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
285,247
32,750
12,707
330,704
Additions
25,480
-
1,065
26,545
Disposals
-
-
(1,920)
(1,920)
At 30 September 2024
310,727
32,750
11,852
355,329
At 1 October 2023
191,246
25,986
6,927
224,159
Charge for the year
23,198
1,691
2,013
26,902
On disposals
-
-
(1,436)
(1,436)
At 30 September 2024
214,444
27,677
7,504
249,625
At 30 September 2024
96,283
5,073
4,348
105,704
At 30 September 2023
94,001
6,764
5,780
106,545
Pinseeker (UK) Limited
Notes to the Accounts
for the year ended 30 September 2024
Amounts falling due within one year
Trade debtors
225,062
185,844
Accrued income and prepayments
4,499
11,104
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
36,391
36,364
Obligations under finance leases and hire purchase contracts
22,314
21,822
Trade creditors
134,314
158,850
Taxes and social security
99,072
64,213
Other creditors
19,833
31,121
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
15,125
34,114
The Coronavirus Business Interuption Loan is secured by a Fixed and Floating charge on the assets of the company together with a limited Government guarantee
8
Operating lease commitments
2024
2023
At 30 September 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
22,314
21,822
Later than one year and not later than five years
15,125
34,114
9
Transactions with related parties
The company had arms length transactions with Wyke Plastics Ltd which is owned by Mr Simon Elliott. During the year its purchases were £26,571 (2023 £8,086) and at the year end the amount owing was £7,618 (2023 £6,094)
10
Average number of employees
During the year the average number of employees was 21 (2023: 21).