PINECOAST LIMITED

PINECOAST LIMITED

PINECOAST LIMITED - Company Information

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PINECOAST LIMITED

Company Registration Number:
03192805 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2017

Period of accounts

Start date: 01 May 2016

End date: 30 April 2017

PINECOAST LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2017

Balance sheet
Notes

PINECOAST LIMITED

Balance sheet

As at 30 April 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 447,135 493,231
Investments: 3 496,709 183,248
Total fixed assets: 943,844 676,479
Current assets
Debtors:   947,938 1,154,712
Cash at bank and in hand: 7,682 18,529
Total current assets: 955,620 1,173,241
Creditors: amounts falling due within one year:   (97,553) (147,940)
Net current assets (liabilities): 858,067 1,025,301
Total assets less current liabilities: 1,801,911 1,701,780
Provision for liabilities: (15,074) (15,074)
Total net assets (liabilities): 1,786,837 1,686,706
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,786,737 1,686,606
Shareholders funds: 1,786,837 1,686,706

The notes form part of these financial statements

PINECOAST LIMITED

Balance sheet statements

For the year ending 30 April 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 January 2018
and signed on behalf of the board by:

Name: M W Harley
Status: Director

The notes form part of these financial statements

PINECOAST LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and discounts

Tangible fixed assets and depreciation policy

Annual depreciation of fixed assets is calculated to write off the costs of the assets over their estimated useful economic life.Leasehold land and buildings: over the lease termEquipment; over 5 years

PINECOAST LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2017


2. Tangible Assets

Total
Cost £
At 01 May 2016 706,642
Disposals (32,037)
At 30 April 2017 674,605
Depreciation
At 01 May 2016 213,411
Charge for year 14,059
At 30 April 2017 227,470
Net book value
At 30 April 2017 447,135
At 30 April 2016 493,231

PINECOAST LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2017

3. Fixed investments


Shares held in public companies for resale