Pinnata Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08136437 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2019

for

Pinnata Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Lavender

H C Lavender

REGISTERED OFFICE:

1-3 Leonard St,

London

EC2A 4AQ

REGISTERED NUMBER:

08136437 (England and Wales)

ACCOUNTANTS:

EWP Ltd

20 Anchor Terrace

3-13 Southwark Bridge Road

London

SE1 9HQ

FIXED ASSETS

Tangible assets

4

1,392

263

Investments

5

5,000

5,000

6,392

5,263

CURRENT ASSETS

Debtors

6

5,988

51,567

Cash at bank

12,540

1,654

18,528

53,221

CREDITORS

Amounts falling due within one year

7

36,667

51,023

NET CURRENT (LIABILITIES)/ASSETS

(18,139

)

2,198

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,747

)

7,461

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(11,748

)

7,460

SHAREHOLDERS' FUNDS

(11,747

)

7,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 10 December 2019 and were signed on its behalf by:

C Lavender - Director

1.	STATUTORY INFORMATION

Pinnata Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net amounts invoiced for consultancy services provided during the year, not including

value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

Straight line over 3 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2018

2,413

Additions

1,969

At 31 July 2019

4,382

DEPRECIATION

At 1 August 2018

2,150

Charge for year

840

At 31 July 2019

2,990

NET BOOK VALUE

At 31 July 2019

1,392

At 31 July 2018

263

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 August 2018

and 31 July 2019

5,000

NET BOOK VALUE

At 31 July 2019

5,000

At 31 July 2018

5,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Amounts owed by group undertakings

5,988

51,567

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.19

31.7.18

£

£

Taxation and social security

793

12,662

Other creditors

35,874

38,361

36,667

51,023

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C Lavender.