Accounts filed on 31-03-2017


Registered number: 06626877






Pinnacle Carpentry and Roofing Ltd


UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2017
























Prepared By:
Lever Brothers & Co
Chartered Accountant
The Station Masters' House
168 Thornbury Road
Osterley Village
Isleworth
TW7 4QE


Pinnacle Carpentry and Roofing Ltd


ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2017





DIRECTORS
F Stoica



SECRETARY
R G Ionita


REGISTERED OFFICE
The Station Masters' House
168 Thornbury Road
Osterley Village
Isleworth
TW7 4QE


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06626877



ACCOUNTANTS
Lever Brothers & Co
Chartered Accountant
The Station Masters' House
168 Thornbury Road
Osterley Village
Isleworth
TW7 4QE


ACCOUNTS
FOR THEYEARENDED31 MARCH 2017



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31 March 2017

			2017		2016
	Notes		£		£

FIXED ASSETS
Tangible assets	2		28,829		31,325

CURRENT ASSETS
Stock		60,000		-
Debtors	4	443,177		352,329
Cash at bank and in hand		16,225		1,580
		519,402		353,909
CREDITORS: Amounts falling due within one year	5	434,125		297,048
NET CURRENT ASSETS			85,277		56,861
TOTAL ASSETS LESS CURRENT LIABILITIES			114,106		88,186


CREDITORS: Amounts falling due after more than one year	6		9,991		-

NET ASSETS			104,115		88,186

CAPITAL AND RESERVES

Called up share capital	8		100		100
Profit and loss account			104,015		88,086
SHAREHOLDERS' FUNDS			104,115		88,186

For the year ending 31 March 2017 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 31 July 2017 and signed on their behalf by



.............................
F Stoica
Director

1. ACCOUNTING POLICIES


1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .


1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		reducing balance 25%
Commercial Vehicles		reducing balance 25%


1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.


1d. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.


4. DEBTORS	2017	2016
	£	£
Amounts falling due within one year
Trade debtors	345,272	202,277
Trade debtors	91,372	134,605
VAT	-	14,372
PAYE control	4,684	-
Prepayments	1,849	1,075
	443,177	352,329


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2017	2016
	£	£
UK corporation tax	73,560	68,560
VAT	9,666	-
PAYE control	-	12,366
Directors current account	125,000	125,000
Bank loans and overdrafts	3,462	28,559
Loans	73,333	-
Hire purchase	2,660	15,310
Trade creditors	136,711	37,691
Other creditors	305	134
Accruals	9,428	9,428
	434,125	297,048


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2017	2016
	£	£
Hire purchase >1yr	9,991	-
	9,991	-


8. SHARE CAPITAL	2017	2016
	£	£
Allotted, issued and fully paid:
99 Ordinary A shares of £1 each	99	99
1 Ordinary B shares of £1 each	1	1
	100	100


9. CONTROLLING PARTY
The company was under the control of F Stoica, the managing director and majority shareholder throughout the year.