IRIS Accounts Production v25.2.0.378 08783116 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087831162023-11-30087831162024-11-30087831162023-12-012024-11-30087831162022-11-30087831162022-12-012023-11-30087831162023-11-3008783116ns15:EnglandWales2023-12-012024-11-3008783116ns14:PoundSterling2023-12-012024-11-3008783116ns10:Director12023-12-012024-11-3008783116ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3008783116ns10:SmallEntities2023-12-012024-11-3008783116ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3008783116ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3008783116ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3008783116ns10:AbridgedAccounts2023-12-012024-11-3008783116ns10:Director22023-12-012024-11-3008783116ns10:RegisteredOffice2023-12-012024-11-3008783116ns5:CurrentFinancialInstruments2024-11-3008783116ns5:CurrentFinancialInstruments2023-11-3008783116ns5:Non-currentFinancialInstruments2024-11-3008783116ns5:Non-currentFinancialInstruments2023-11-3008783116ns5:ShareCapital2024-11-3008783116ns5:ShareCapital2023-11-3008783116ns5:RetainedEarningsAccumulatedLosses2024-11-3008783116ns5:RetainedEarningsAccumulatedLosses2023-11-3008783116ns5:LeaseholdImprovements2023-12-012024-11-3008783116ns5:PlantMachinery2023-12-012024-11-3008783116ns5:FurnitureFittings2023-12-012024-11-3008783116ns5:MotorVehicles2023-12-012024-11-3008783116ns5:ComputerEquipment2023-12-012024-11-3008783116ns5:WithinOneYear2024-11-3008783116ns5:WithinOneYear2023-11-3008783116ns5:BetweenOneFiveYears2024-11-3008783116ns5:BetweenOneFiveYears2023-11-3008783116ns5:MoreThanFiveYears2024-11-3008783116ns5:MoreThanFiveYears2023-11-3008783116ns5:AllPeriods2024-11-3008783116ns5:AllPeriods2023-11-30087831162ns10:Director22023-11-30087831162ns10:Director22022-11-30087831162ns10:Director22023-12-012024-11-30087831162ns10:Director22022-12-012023-11-30087831162ns10:Director22024-11-30087831162ns10:Director22023-11-3008783116ns10:Director112023-11-3008783116ns10:Director112022-11-3008783116ns10:Director112023-12-012024-11-3008783116ns10:Director112022-12-012023-11-3008783116ns10:Director112024-11-3008783116ns10:Director112023-11-30
REGISTERED NUMBER: 08783116 (England and Wales)












ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

FOR

PINNACOM LIMITED

PINNACOM LIMITED (REGISTERED NUMBER: 08783116)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 November 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PINNACOM LIMITED

COMPANY INFORMATION
for the year ended 30 November 2024







DIRECTORS: C J Beale
M A Stephenson





REGISTERED OFFICE: Seven Stars House
1 Wheler Road
Coventry
West Midlands
CV3 4LB





REGISTERED NUMBER: 08783116 (England and Wales)






PINNACOM LIMITED (REGISTERED NUMBER: 08783116)

ABRIDGED BALANCE SHEET
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,618 9,771

CURRENT ASSETS
Stocks 139,000 139,000
Debtors 191,345 199,123
Cash at bank and in hand 327 3,597
330,672 341,720
CREDITORS
Amounts falling due within one year 282,293 283,592
NET CURRENT ASSETS 48,379 58,128
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,997

67,899

CREDITORS
Amounts falling due after more than one
year

(9,162

)

(15,000

)

PROVISIONS FOR LIABILITIES (3,650 ) (1,750 )
NET ASSETS 56,185 51,149

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 56,184 51,148
SHAREHOLDERS' FUNDS 56,185 51,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PINNACOM LIMITED (REGISTERED NUMBER: 08783116)

ABRIDGED BALANCE SHEET - continued
30 November 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by:





C J Beale - Director


PINNACOM LIMITED (REGISTERED NUMBER: 08783116)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 November 2024

1. STATUTORY INFORMATION

Pinnacom Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company's place of business is The Coach House Church Road Mallory Park, Kirkby Mallory, LE9 7QE

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to properties - over the lease term
Plant and machinery - 25% on reducing balance
Furniture and equipment - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PINNACOM LIMITED (REGISTERED NUMBER: 08783116)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2023 123,715
Additions 15,813
At 30 November 2024 139,528
DEPRECIATION
At 1 December 2023 113,944
Charge for year 4,966
At 30 November 2024 118,910
NET BOOK VALUE
At 30 November 2024 20,618
At 30 November 2023 9,771

5. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 9,010 9,010
Between one and five years 7,508 9,010
In more than five years - 7,508
16,518 25,528

6. PENSION COMMITMENTS

Included within creditors is a balance due to pension providers of £580 (2023 - £323) representing contributions owed to the funds.

PINNACOM LIMITED (REGISTERED NUMBER: 08783116)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 November 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 November 2024 and 30 November 2023:

2024 2023
£    £   
M A Stephenson
Balance outstanding at start of year 9,987 10,081
Amounts advanced 1,505 -
Amounts repaid - (94 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,492 9,987

C J Beale
Balance outstanding at start of year - -
Amounts advanced 19,732 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 19,732 -