Pinnacleesp Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

Pinnacleesp Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03810626 . The registered office is Corinthian House 5th Floor, 17 Lansdowne Road, Croydon, Surrey, CR0 2BX.

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 recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% Straight Line
Fixtures & Fittings	25% Straight Line
Computer Equipment	25% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets at the lower of the fair value at the date of inception and the present value of the minimum lease payments. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Financial Instruments

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

...CONTINUED

Page 3

Page 4

Pinnacleesp Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

2.5. Financial Instruments - continued

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. 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.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.9. Employee Benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2.10. Equity Instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2025: 17)

Page 4

Page 5

Pinnacleesp Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 August 2025	1,240	17,021	34,975	53,236

As at 31 July 2026	1,240	17,021	34,975	53,236

Depreciation
As at 1 August 2025	129	12,194	24,476	36,799
Provided during the period	129	865	5,176	6,170

As at 31 July 2026	258	13,059	29,652	42,969

Net Book Value
As at 31 July 2026	982	3,962	5,323	10,267

As at 1 August 2025	1,111	4,827	10,499	16,437

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	380,626	458,606
Other debtors	114,165	518,382

	494,791	976,988

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	11,061	12,101
Trade creditors	39,753	175,718
Other creditors	415,607	413,042
Taxation and social security	409,181	444,761

	875,602	1,045,622

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	1,246	3,575

Page 5

Page 6

Pinnacleesp Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

8. Share Capital

	2026	2025
Allotted, called up and fully paid	£	£
96 Ordinary A shares of £ 0.10 each	10	10
56 Ordinary B shares of £ 0.10 each	6	6
8 Ordinary C shares of £ 0.10 each	1	1

	17	17

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	57,978	44,030
Later than one year and not later than five years	55,561	115,690

	113,539	159,720

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 August 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 July 2026
	£	£	£	£	£
Mr Alexander Smart	195,228	-	195,228	-	-
Mr Matthew Norman	195,228	-	195,228	-	-

The above loan is unsecured, repayable on demand and interest is charged at HMRC's official rate of interest.

11. Ultimate Controlling Party

The Company is a wholly owned subsidiary of PinnacleESP Holdings Limited, a company incorporated in England and Wales.

Page 6

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		10,267		16,437

			10,267		16,437
CURRENT ASSETS
Debtors	5	494,791		976,988
Cash at bank and in hand		812,744		735,431

		1,307,535		1,712,419
Creditors: Amounts Falling Due Within One Year	6	(875,602 )		(1,045,622 )

NET CURRENT ASSETS (LIABILITIES)			431,933		666,797

TOTAL ASSETS LESS CURRENT LIABILITIES			442,200		683,234

Creditors: Amounts Falling Due After More Than One Year	7		(1,246 )		(3,575 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,567 )		(4,109 )

NET ASSETS			438,387		675,550

CAPITAL AND RESERVES
Called up share capital	8		17		17
Profit and Loss Account			438,370		675,533

SHAREHOLDERS' FUNDS			438,387		675,550