Pinnacle Crafts Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07109658 (England and Wales)

Financial Statements for the Year Ended 31st December 2021

for

Pinnacle Crafts Limited

Page

Balance Sheet

1

FIXED ASSETS

2

2

CURRENT ASSETS

16,138

11,194

CREDITORS

Amounts falling due within one year

(9,744

)

(14,468

)

NET CURRENT ASSETS/(LIABILITIES)

6,394

(3,274

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,396

(3,272

)

CREDITORS

Amounts falling due after more than one year

8,050

10,350

NET LIABILITIES

(1,654

)

(13,622

)

CAPITAL AND RESERVES

(1,654

)

(13,622

)

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Pinnacle Crafts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07109658

Registered office:

8 Hemmells

Basildon

Essex

SS15 6ED

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2020 - 2 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2021 and 31st December 2020:

2021

2020

£

£

Ms P Pearson and Ms J Pearson

Balance outstanding at start of year

2,004

8,119

Amounts advanced

12,111

9,908

Amounts repaid

(19,466

)

(16,023

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,351

)

2,004

During the year the directors' current account was credited with £450 for use of home as office space.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2021 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 31st July 2022 and were signed on its behalf by:

P Belcher - Director