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Company Registration No. 08564989 (England and Wales)
PINNACLE WORKS LTD Unaudited accounts for the period from 1 July 2023 to 31 December 2024
PINNACLE WORKS LTD Unaudited accounts Contents
Page
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PINNACLE WORKS LTD Company Information for the period from 1 July 2023 to 31 December 2024
Directors
HOLCOMBE, David James HOLCOMBE, Katie Jane
Company Number
08564989 (England and Wales)
Registered Office
UNIT 1 PHOENIX BUSINESS CENTRE SPUR ROAD CHICHESTER PO19 8PN ENGLAND
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PINNACLE WORKS LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
232,089 
327,443 
Current assets
Inventories
1,180,531 
612,995 
Debtors
194,793 
186,375 
Cash at bank and in hand
25,950 
22,114 
1,401,274 
821,484 
Creditors: amounts falling due within one year
(1,280,079)
(658,739)
Net current assets
121,195 
162,745 
Total assets less current liabilities
353,284 
490,188 
Creditors: amounts falling due after more than one year
(329,068)
(490,355)
Provisions for liabilities
Deferred tax
(19,354)
(9,561)
Net assets/(liabilities)
4,862 
(9,728)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
4,762 
(9,828)
Shareholders' funds
4,862 
(9,728)
For the period ending 31 December 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 May 2025 and were signed on its behalf by
HOLCOMBE, Katie Jane Director Company Registration No. 08564989
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PINNACLE WORKS LTD Notes to the Accounts for the period from 1 July 2023 to 31 December 2024
1
Statutory information
PINNACLE WORKS LTD is a private company, limited by shares, registered in England and Wales, registration number 08564989. The registered office is UNIT 1 PHOENIX BUSINESS CENTRE, SPUR ROAD, CHICHESTER, PO19 8PN, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
18,134 
398,037 
61,256 
477,427 
Additions
- 
51,350 
- 
51,350 
Disposals
- 
(49,500)
- 
(49,500)
At 31 December 2024
18,134 
399,887 
61,256 
479,277 
Depreciation
At 1 July 2023
15,506 
107,679 
26,799 
149,984 
Charge for the period
903 
104,565 
11,845 
117,313 
On disposals
- 
(20,109)
- 
(20,109)
At 31 December 2024
16,409 
192,135 
38,644 
247,188 
Net book value
At 31 December 2024
1,725 
207,752 
22,612 
232,089 
At 30 June 2023
2,628 
290,358 
34,457 
327,443 
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PINNACLE WORKS LTD Notes to the Accounts for the period from 1 July 2023 to 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
59,442 
34,770 
Accrued income and prepayments
127,226 
143,480 
Other debtors
8,125 
8,125 
194,793 
186,375 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
349,710 
66,368 
VAT
144,252 
30,622 
Obligations under finance leases and hire purchase contracts
69,227 
68,352 
Trade creditors
243,584 
165,255 
Taxes and social security
81,832 
19,891 
Other creditors
118,576 
68,903 
Loans from directors
272,898 
239,348 
1,280,079 
658,739 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
130,380 
186,793 
Obligations under finance leases and hire purchase contracts
198,688 
303,562 
329,068 
490,355 
8
Average number of employees
During the period the average number of employees was 8 (2023: 8).
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