IRIS Accounts Production v25.3.0.601 02050643 director 1.3.24 28.2.25 28.2.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02050643 2024-02-29 02050643 2025-02-28 02050643 2024-03-01 2025-02-28 02050643 2023-02-28 02050643 2023-03-01 2024-02-29 02050643 2024-02-29 02050643 ns14:PoundSterling 2024-03-01 2025-02-28 02050643 ns10:Director1 2024-03-01 2025-02-28 02050643 ns10:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 02050643 ns10:SmallEntities 2024-03-01 2025-02-28 02050643 ns10:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 02050643 ns10:SmallCompaniesRegimeForDirectorsReport 2024-03-01 2025-02-28 02050643 ns10:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 02050643 ns10:FullAccounts 2024-03-01 2025-02-28 02050643 ns10:OrdinaryShareClass1 2024-03-01 2025-02-28 02050643 ns10:CompanySecretary1 2024-03-01 2025-02-28 02050643 ns10:RegisteredOffice 2024-03-01 2025-02-28 02050643 ns5:CurrentFinancialInstruments 2025-02-28 02050643 ns5:CurrentFinancialInstruments 2024-02-29 02050643 ns5:Non-currentFinancialInstruments 2025-02-28 02050643 ns5:Non-currentFinancialInstruments 2024-02-29 02050643 ns5:ShareCapital 2025-02-28 02050643 ns5:ShareCapital 2024-02-29 02050643 ns5:RetainedEarningsAccumulatedLosses 2025-02-28 02050643 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 02050643 ns5:PlantMachinery 2024-03-01 2025-02-28 02050643 ns5:FurnitureFittings 2024-03-01 2025-02-28 02050643 ns5:MotorVehicles 2024-03-01 2025-02-28 02050643 ns5:ComputerEquipment 2024-03-01 2025-02-28 02050643 ns5:PlantMachinery 2024-02-29 02050643 ns5:FurnitureFittings 2024-02-29 02050643 ns5:MotorVehicles 2024-02-29 02050643 ns5:ComputerEquipment 2024-02-29 02050643 ns5:PlantMachinery 2025-02-28 02050643 ns5:FurnitureFittings 2025-02-28 02050643 ns5:MotorVehicles 2025-02-28 02050643 ns5:ComputerEquipment 2025-02-28 02050643 ns5:PlantMachinery 2024-02-29 02050643 ns5:FurnitureFittings 2024-02-29 02050643 ns5:MotorVehicles 2024-02-29 02050643 ns5:ComputerEquipment 2024-02-29 02050643 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-02-28 02050643 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-02-29 02050643 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-02-28 02050643 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-02-29 02050643 ns10:OrdinaryShareClass1 2025-02-28 02050643 ns5:RetainedEarningsAccumulatedLosses 2024-02-29 02050643 ns5:RetainedEarningsAccumulatedLosses 2024-03-01 2025-02-28 02050643 1 ns10:Director1 2024-02-29 02050643 1 ns10:Director1 2023-02-28 02050643 1 ns10:Director1 2024-03-01 2025-02-28 02050643 1 ns10:Director1 2023-03-01 2024-02-29 02050643 1 ns10:Director1 2025-02-28 02050643 1 ns10:Director1 2024-02-29

REGISTERED NUMBER: 02050643

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Pinpoint Music Limited

| Pinpoint Music Limited (Registered number: 02050643) |

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

| Pinpoint Music Limited |

Company Information

for the Year Ended 28 February 2025

| DIRECTOR: | Mr A J Atkinson

| SECRETARY: | Mrs H M Atkinson

| REGISTERED OFFICE: | The Birches

| Pylands Lane

| Bursledon

| Southampton

| Hampshire

| SO31 1BH

| REGISTERED NUMBER: | 02050643

| ACCOUNTANTS: | Thomas Croft Limited

| Accountants And Taxation Consultants

| Solent House

| 107a Alma Road

| Portswood

| Southampton

| Hampshire

| SO14 6UY

| Pinpoint Music Limited (Registered number: 02050643) |

Balance Sheet

28 February 2025

| 28.2.25 | 29.2.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 17,821 |  | 24,171 |  |

CURRENT ASSETS

Stocks | 5 | 5,200 |  | 3,750 |  |

Debtors | 6 | 9,095 |  | 13,219 |  |

Cash at bank and in hand | 54,839 |  | 25,933 |  |

69,134 |  | 42,902 |  |

CREDITORS

Amounts falling due within one year | 7 | 18,517 |  | 15,302 |  |

NET CURRENT ASSETS | 50,617 |  | 27,600 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 68,438 |  | 51,771 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 14,685 |  | 22,265 |  |

NET ASSETS | 53,753 |  | 29,506 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1,500 |  | 1,500 |  |

Retained earnings | 10 | 52,253 |  | 28,006 |  |

SHAREHOLDERS' FUNDS | 53,753 |  | 29,506 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

| Pinpoint Music Limited (Registered number: 02050643) |

Balance Sheet - continued

28 February 2025

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

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

The financial statements were approved by the director and authorised for issue on 14 October 2025 and were signed by:

Mr A J Atkinson - Director

| Pinpoint Music Limited (Registered number: 02050643) |

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Pinpoint Music Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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 financial statements have been prepared under the Going Concern basis due to the continuing support of the company's bank and director.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Stocks

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

| Hire purchase and leasing commitments

| 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 1 (2024 - 1 ) .

| Pinpoint Music Limited (Registered number: 02050643) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 March 2024 | 24,473 |  | 8,573 |  | 25,990 |  | 5,970 |  | 65,006 |  |

| Disposals | - |  | - |  | - |  | (3,380 | ) | (3,380 | ) |

| At 28 February 2025 | 24,473 |  | 8,573 |  | 25,990 |  | 2,590 |  | 61,626 |  |

| DEPRECIATION

| At 1 March 2024 | 23,692 |  | 8,462 |  | 3,249 |  | 5,432 |  | 40,835 |  |

| Charge for year | 195 |  | 28 |  | 5,685 |  | 442 |  | 6,350 |  |

| Eliminated on disposal | - |  | - |  | - |  | (3,380 | ) | (3,380 | ) |

| At 28 February 2025 | 23,887 |  | 8,490 |  | 8,934 |  | 2,494 |  | 43,805 |  |

| NET BOOK VALUE

| At 28 February 2025 | 586 |  | 83 |  | 17,056 |  | 96 |  | 17,821 |  |

| At 29 February 2024 | 781 |  | 111 |  | 22,741 |  | 538 |  | 24,171 |  |

5. | STOCKS

| 28.2.25 |  | 29.2.24

£ | £ |

| Stocks | 5,200 |  | 3,750 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade debtors | 5,328 |  | 9,781 |  |

| Other debtors | 1,652 |  | 1,652 |  |

| Prepayments | 2,115 |  | 1,786 |  |

9,095 |  | 13,219 |  |

| Pinpoint Music Limited (Registered number: 02050643) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Trade creditors | 527 |  | 558 |  |

| Corporation tax | 11,598 |  | 1,638 |  |

| Social security and other taxes | 334 |  | 334 |  |

| VAT | 3,696 |  | 6,981 |  |

| Other creditors | 40 |  | - |  |

| Directors' current accounts | 1,209 |  | 4,703 |  |

| Accrued expenses | 1,113 |  | 1,088 |  |

18,517 |  | 15,302 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 28.2.25 |  | 29.2.24

£ | £ |

| Bank loans - 2-5 years | 5,880 |  | 9,938 |  |

| Hire purchase contracts | 8,805 |  | 12,327 |  |

14,685 |  | 22,265 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 28.2.25 |  | 29.2.24

| value: | £ | £ |

| 1,500 | Ordinary | £1 | 1,500 |  | 1,500 |  |

10. | RESERVES

| Retained

| earnings

£ |

| At 1 March 2024 | 28,006 |  |

| Profit for the year | 39,747 |  |

| Dividends | (15,500 | ) |

| At 28 February 2025 | 52,253 |  |

| Pinpoint Music Limited (Registered number: 02050643) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

| 28.2.25 |  | 29.2.24

£ | £ |

| Mr A J Atkinson

| Balance outstanding at start of year | (4,703 | ) | (212 | ) |

| Amounts advanced | 55,178 |  | 58,917 |  |

| Amounts repaid | (51,684 | ) | (63,408 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (1,209 | ) | (4,703 | ) |

12. | RELATED PARTY DISCLOSURES

| The company was under the control of Mr A J Atkinson throughout the current and previous year as shown in the directors report

| No transactions with related parties were undertaken such as are required to be disclosed under Section 1A "small entities" for Financial Reporting Standard 102.