Registration number: 06858870

Pinehirst

Contents

Company Information	1
Profit and Loss Account	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 6

Pinehirst

Company Information

Directors

Mr Francis Smith Ms Gillian Elizabeth Randles Ms Xiulan He Ms Gillian Watters Ms Samantha Jane Smith Ms Catherine Ann Harrison Mr Francis Smith

Registered office

34 St Anne Street Liverpool L3 3DS

Accountants

Kingham & Co. Chartered Accountants Kingham Chambers 3-5 Nelson Street Liverpool L1 5DW

Pinehirst

Profit and Loss Account for the Year Ended 31 March 2025

	Note	2025 £	2024 £
Turnover		2,047,168	1,778,680
Cost of sales		(1,151,469)	(947,700)
Gross profit		895,699	830,980
Administrative expenses		(855,043)	(793,797)
Operating profit		40,656	37,183
Interest payable and similar expenses		(7,841)	(4,410)
Profit before tax	4	32,815	32,773
Profit for the financial year		32,815	32,773

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Pinehirst

(Registration number: 06858870)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed Assets
Tangible Assets	5	124,687	146,691
Current assets
Debtors	6	198,044	89,687
Cash at bank and in hand		158,602	248,239
		356,646	337,926
Creditors: Amounts falling due within one year	7	(256,342)	(292,440)
Net current assets		100,304	45,486
Net assets		224,991	192,177
Capital and Reserves
Profit and loss account		224,991	192,177
Shareholders' funds		224,991	192,177

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 Directors acknowledge their 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 provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 23 December 2025 and signed on its behalf by:
 

......................................... Mr Francis Smith Director

Pinehirst

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The Company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
34 St Anne Street
Liverpool
L3 3DS

These financial statements were authorised for issue by the Board on 23 December 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

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:

Asset class	Depreciation method and rate
Plant & Machinery	15% Reducing Balance

Pinehirst

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 11 (2024 - 7).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	22,004	20,524

Pinehirst

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Tangible Assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	4,538	165,030	169,568
At 31 March 2025	4,538	165,030	169,568
Depreciation
At 1 April 2024	2,680	20,197	22,877
Charge for the year	279	21,725	22,004
At 31 March 2025	2,959	41,922	44,881
Carrying amount
At 31 March 2025	1,579	123,108	124,687
At 31 March 2024	1,858	144,833	146,691

6

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties		-	74,858
Other debtors		198,044	14,829
		198,044	89,687

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade Creditors		55,707	94,605
Taxation and social security		16,666	33,925
Other creditors		183,969	163,910
		256,342	292,440