Pier Capital Investments Limited 08191768 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is Property investment Digita Accounts Production Advanced 6.30.9574.0 true true 08191768 2023-09-01 2024-08-31 08191768 2024-08-31 08191768 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 08191768 core:LandBuildings core:OwnedOrFreeholdAssets 2024-08-31 08191768 bus:SmallEntities 2023-09-01 2024-08-31 08191768 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08191768 bus:FilletedAccounts 2023-09-01 2024-08-31 08191768 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 08191768 bus:RegisteredOffice 2023-09-01 2024-08-31 08191768 bus:Director1 2023-09-01 2024-08-31 08191768 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 08191768 countries:EnglandWales 2023-09-01 2024-08-31 08191768 2023-08-31 08191768 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-31 08191768 2022-09-01 2023-08-31 08191768 2023-08-31 08191768 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 08191768 core:LandBuildings core:OwnedOrFreeholdAssets 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 08191768

Pier Capital Investments Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Pier Capital Investments Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Pier Capital Investments Limited

Company Information

Director

Mr D A McKnight

Registered office

1 Park Street
Macclesfield
Cheshire
SK11 6SR

 

Pier Capital Investments Limited

(Registration number: 08191768)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

372,943

372,943

Creditors: Amounts falling due within one year

6

(376,861)

(376,861)

Net liabilities

 

(3,918)

(3,918)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(3,919)

(3,919)

Shareholders' deficit

 

(3,918)

(3,918)

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

Director's responsibilities:

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 director acknowledges his 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 June 2025
 

.........................................
Mr D A McKnight
Director

 

Pier Capital Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 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:
1 Park Street
Macclesfield
Cheshire
SK11 6SR

The principal place of business is:
1 Park Street
Macclesfield
Cheshire
SK11 6SR

These financial statements were authorised for issue by the director on 3 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These 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.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Pier Capital Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 September 2023

372,943

372,943

At 31 August 2024

372,943

372,943

Depreciation

Carrying amount

At 31 August 2024

372,943

372,943

At 31 August 2023

372,943

372,943

Included within the net book value of land and buildings above is £372,943 (2023 - £372,943) in respect of freehold land and buildings.
 

5

Debtors

Current

2024
£

2023
£

 

-

-

 

Pier Capital Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

-

376,201

Other creditors

 

376,861

660

 

376,861

376,861