Pinocchio's Ltd - Filleted accounts

Registered number

08131906

Pinocchio's Ltd

Filleted Accounts

31 March 2026

Pinocchio's Ltd
Registered number:		08131906
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		50,000			50,000
Tangible assets	4		5,773			7,041
			55,773			57,041

Current assets
Stocks		8,975			8,850
Cash at bank and in hand		22,982			118,071
		31,957			126,921

Creditors: amounts falling due within one year	5	(32,625)			(128,664)

Net current liabilities			(668)			(1,743)

Total assets less current liabilities			55,105			55,298

Creditors: amounts falling due after more than one year	6		(1,504)			(10,647)



Net assets			53,601			44,651

Capital and reserves
Called up share capital			2			2
Profit and loss account			53,599			44,649

Shareholder's funds			53,601			44,651

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Marianna Frusciante
Director
Approved by the board on 10 June 2026

Pinocchio's Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	18% reducing balance method
	Fixtures, fittings, tools and equipment	18% reducing balance method

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			6		7


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					50,000
	At 31 March 2026					50,000

	Amortisation
	At 31 March 2026					-

	Net book value
	At 31 March 2026					50,000
	At 31 March 2025					50,000




4	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	2,941		4,100		7,041
	At 31 March 2026	2,941		4,100		7,041

	Depreciation
	Charge for the year	530		738		1,268
	At 31 March 2026	530		738		1,268

	Net book value
	At 31 March 2026	2,411		3,362		5,773
	At 31 March 2025	2,941		4,100		7,041


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			4,395		4,105
	Taxation and social security costs			27,233		31,478
	Other creditors			997		93,081
				32,625		128,664


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			1,504		10,647


7	Other information

	Pinocchio's Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	86 High Street
	Burton On Trent
	DE14 1LJ