Pinestone Ltd - Filleted accounts

Registered number

02951627

Pinestone Ltd

Unaudited Filleted Accounts

31 December 2025

Pinestone Ltd
Registered number:		02951627
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		186,800			193,967

Current assets
Debtors	5	1,146,620			1,150,291
Cash at bank and in hand		213,985			260,695
		1,360,605			1,410,986

Creditors: amounts falling due within one year	6	(174,163)			(170,070)

Net current assets			1,186,442			1,240,916

Total assets less current liabilities			1,373,242			1,434,883


Provisions for liabilities			(5,627)			(5,780)


Net assets			1,367,615			1,429,103

Capital and reserves
Called up share capital			2			2
Profit and loss account			1,367,613			1,429,101

Shareholders' funds			1,367,615			1,429,103

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Mrs. S Turner
Director
Approved by the board on 25 June 2026

Pinestone Ltd
Notes to the Accounts
for the year ended 31 December 2025


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:

	Land and buildings	over 50 years
	Fixtures and equipment	25% reducing balance basis

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			35		36


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 January 2025					185,000
	At 31 December 2025					185,000

	Amortisation
	At 1 January 2025					185,000
	At 31 December 2025					185,000

	Net book value
	At 31 December 2025					-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Fixtures and equipment		Total
£			£		£
	Cost
	At 1 January 2025	329,264		323,675		652,939
	Additions	-		6,888		6,888
	At 31 December 2025	329,264		330,563		659,827

	Depreciation
	At 1 January 2025	158,414		300,558		458,972
	Charge for the year	6,586		7,469		14,055
	At 31 December 2025	165,000		308,027		473,027

	Net book value
	At 31 December 2025	164,264		22,536		186,800
	At 31 December 2024	170,850		23,117		193,967


5	Debtors			2025		2024
£					£

	Trade debtors			30,664		35,160
	Heathercliffe Residential Holdings Ltd			1,115,956		1,115,131
				1,146,620		1,150,291


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Director's account			172		172
	Taxation and social security costs			77,020		88,967
	Trade creditors and accrued expenses			96,971		80,931
				174,163		170,070


7	Controlling party

	The parent undertaking is Heathercliffe Residential Holdings Ltd, a company registered in the UK.
	Heatherclffe Residential Holdings Ltd is jointly controlled by Mrs. S. Turner and L. Turner.

8	Other information

	Pinestone Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	23 Old Hall Road
	Salford
	M7 4JJ