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Registered number: 12242146
Pinnaclehomesmanchester Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12242146
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 362,946 360,000
362,946 360,000
CURRENT ASSETS
Cash at bank and in hand 79,003 27,833
79,003 27,833
Creditors: Amounts Falling Due Within One Year 5 (146,296 ) (82,945 )
NET CURRENT ASSETS (LIABILITIES) (67,293 ) (55,112 )
TOTAL ASSETS LESS CURRENT LIABILITIES 295,653 304,888
Creditors: Amounts Falling Due After More Than One Year 6 (248,930 ) (248,930 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (34,008 ) (34,008 )
NET ASSETS 12,715 21,950
CAPITAL AND RESERVES
Called up share capital 8 1 1
Fair value reserve 9 129,031 129,031
Profit and Loss Account (116,317 ) (107,082 )
SHAREHOLDERS' FUNDS 12,715 21,950
Page 1
Page 2
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Orien Salehi Mojdeh
Director
24/04/2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pinnaclehomesmanchester Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12242146 . The registered office is Olympus House , 2 Howley Park Business Village, Leeds, West Yorkshire, LS27 0BZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the revaluation reserve.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
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Page 4
4. Investment Property
2025
£
Fair Value
As at 1 November 2024 360,000
Additions 2,946
Revaluations -
As at 31 October 2025 362,946
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 121 190
Director's loan account 146,175 82,755
146,296 82,945
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 248,930 248,930
7. Secured Creditors
Of the creditors the following amounts are secured.
2025 2024
£ £
Bank loans and overdrafts 248,930 248,930
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
9. Reserves
Revaluation reserve Fair value reserve Profit and Loss Account
£ £ £
As at 1 November 2024 - 129,031 (107,082 )
Loss for the year and total comprehensive income - - (9,235 )
As at 31 October 2025 - 129,031 (116,317 )
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