REGISTERED NUMBER: 02536432 (England and Wales)

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

POINTCORE LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs M Christoforou

SECRETARY:

Mrs M Christoforou

REGISTERED OFFICE:

c/o Michael Filiou Ltd

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

REGISTERED NUMBER:

02536432 (England and Wales)

ACCOUNTANTS:

Michael Filiou Ltd

Chartered Certified Accountants

www.michaelfiliou.com

Salisbury House

81 High Street

Potters Bar

Hertfordshire

EN6 5AS

FIXED ASSETS

Investment property

5

1,780,000

1,780,000

CURRENT ASSETS

Debtors

48,341

2,412

Cash at bank

323,273

301,851

371,614

304,263

CREDITORS

Amounts falling due within one year

92,141

85,373

NET CURRENT ASSETS

279,473

218,890

TOTAL ASSETS LESS CURRENT LIABILITIES

2,059,473

1,998,890

PROVISIONS FOR LIABILITIES

6

133,181

133,181

NET ASSETS

1,926,292

1,865,709

CAPITAL AND RESERVES

Called up share capital

7

100

100

Fair value reserve

8

822,468

822,468

Retained earnings

8

1,103,724

1,043,141

SHAREHOLDERS' FUNDS

1,926,292

1,865,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 31 July 2025 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 director and authorised for issue on 2 January 2026 and were signed by:

Mrs M Christoforou - Director

1.	STATUTORY INFORMATION

Pointcore 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 presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at fair value and represents rent received or receivable, excluding discounts, rebates value added tax and other sales tax.

Investment property

Investment property is initially recognised at cost which includes purchase cost and any directly attributable expenditure. At the end of each period, the carrying value is adjusted to the fair value at that date. Fair value is determined by consideration of comparable market data such as rental yields, location, condition and nature of the property. The gains and losses are taken to profit and loss at the end of each period.

Deferred tax is recognised in respect to any gains, and the amount included in reserves is net of any deferred tax provision.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

1,780,000

NET BOOK VALUE

At 31 July 2025

1,780,000

At 31 July 2024

1,780,000

The directors consider the investment properties of the company to be £1,780,000 at fair value as at the reporting date. The historical costs of the investment property is £824,352.

Fair value at 31 July 2025 is represented by:

£

Valuation in 2021

1,175,648

Valuation in 2024

(220,000

)

Cost

824,352

1,780,000

6.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

133,181

133,181

Deferred

tax

£

Balance at 1 August 2024

133,181

Balance at 31 July 2025

133,181

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 August 2024

1,043,141

822,468

1,865,609

Profit for the year

60,583

60,583

At 31 July 2025

1,103,724

822,468

1,926,192

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director, Mrs M Christoforou, and Mr K Michailos who together equally own 100% of the issued share capital in the company.