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Company No: 13790304 (England and Wales)

PINBOARD CONSULTING LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

PINBOARD CONSULTING LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

PINBOARD CONSULTING LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2024
PINBOARD CONSULTING LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
DIRECTOR M Latey
REGISTERED OFFICE Treviot House
186-192 High Road
Ilford
IG1 1LR
United Kingdom
COMPANY NUMBER 13790304 (England and Wales)
ACCOUNTANT Gravita Essex Limited
Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR
United Kingdom
PINBOARD CONSULTING LIMITED

BALANCE SHEET

As at 31 December 2024
PINBOARD CONSULTING LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024 31.12.2023
£ £
Fixed assets
Tangible assets 3 3,530 2,475
3,530 2,475
Current assets
Debtors 4 183,936 367,291
Cash at bank and in hand 63,880 153,481
247,816 520,772
Creditors: amounts falling due within one year 5 ( 48) ( 87,565)
Net current assets 247,768 433,207
Total assets less current liabilities 251,298 435,682
Net assets 251,298 435,682
Capital and reserves
Called-up share capital 100 100
Share premium account 104,651 104,651
Profit and loss account 146,547 330,931
Total shareholders' funds 251,298 435,682

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

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Pinboard Consulting Limited (registered number: 13790304) were approved and authorised for issue by the Director on 28 March 2025. They were signed on its behalf by:

M Latey
Director
PINBOARD CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
PINBOARD CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Pinboard Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Treviot House, 186-192 High Road, Ilford, IG1 1LR, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Statement, 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

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 0 years straight line
Leases

The Company as lessee
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis.

Research and development

Research and development expenditure is written off in the year in which it is incurred.

2. Employees

31.12.2024 31.12.2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 12 7

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 January 2024 3,874 3,874
Additions 2,698 2,698
0 0
At 31 December 2024 6,572 6,572
Accumulated depreciation
At 01 January 2024 1,399 1,399
Charge for the financial year 1,643 1,643
At 31 December 2024 3,042 3,042
Net book value
At 31 December 2024 3,530 3,530
At 31 December 2023 2,475 2,475

4. Debtors

31.12.2024 31.12.2023
£ £
Trade debtors 29,005 197,836
Corporation tax 86,756 0
Other debtors 68,175 169,455
183,936 367,291

5. Creditors: amounts falling due within one year

31.12.2024 31.12.2023
£ £
Trade creditors 0 760
Taxation and social security 0 86,757
Other creditors 48 48
48 87,565

6. Financial commitments

Other financial commitments

Minimum payments under non-cancellable financial commitments amounted to £114,000 (2023: £209,000).