Abbreviated Company Accounts - PINNACLE TOOLING LIMITED

PINNACLE TOOLING LIMITED - Company Information

02609203 PINNACLE TOOLING LIMITED 2016-04-30 false 2015-05-01 2016-04-30 true 02609203 2015-05-01 2016-04-30 02609203 2016-04-30 02609203 2015-04-30 02609203 uk-gaap-cd-bus:Director1 2015-05-01 2016-04-30 02609203 uk-gaap-cd-bus:Director2 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-01 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-04-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-30 iso4217:GBP shares

Registered Number 02609203

PINNACLE TOOLING LIMITED

Abbreviated Accounts

30 April 2016

PINNACLE TOOLING LIMITED Registered Number 02609203

Abbreviated Balance Sheet as at 30 April 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	17,869	23,827
		17,869	23,827
Current assets
Stocks		750	1,100
Debtors		103,692	98,924
		104,442	100,024
Creditors: amounts falling due within one year		(4,718)	(13,031)
Net current assets (liabilities)		99,724	86,993
Total assets less current liabilities		117,593	110,820
Total net assets (liabilities)		117,593	110,820
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		117,592	110,819
Shareholders' funds		117,593	110,820

For the year ending 30 April 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 2 August 2016

And signed on their behalf by:
SCAGELL, Director

PINNACLE TOOLING LIMITED Registered Number 02609203

Notes to the Abbreviated Accounts for the period ended 30 April 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
DEPRECIATION IS PROVIDED ON ALL TANGIBLE FIXED ASSETS AT A RATE TO WRITE OFFTHE

DEPRECIATION IS PROVIDED ONALL
DEPRECIAQTION IS PROVIDED ON ALL TANGIBLE FIXED ASSETS AT A RATE CALCULATED TO WRITE OF THE COST LESS ESTIMATED RESIDUAL VALUE EVENLY OVER THEIR EXPECTED USEFUL LIVES. ITEMS COSTING LESS THAN £200 ARE WRITTEN OFF IN THE YEAR OF PURCHASE.
THE RATES APPLICABLE ARE
PLANT AND MACHINERY 25% REDUCING BALANCE
OFFICE FURNITURE 25% REDUCING BALANCE

2Tangible fixed assets

	£
Cost
At 1 May 2015	90,896
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 April 2016	90,896
Depreciation
At 1 May 2015	67,069
Charge for the year	5,958
On disposals	-
At 30 April 2016	73,027
Net book values
At 30 April 2016	17,869
At 30 April 2015	23,827

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1