Abbreviated Company Accounts - PINNACLE CARPENTRY AND ROOFING LTD

PINNACLE CARPENTRY AND ROOFING LTD - Company Information

06626877 PINNACLE CARPENTRY AND ROOFING LTD 2014-03-31 false 2013-04-01 2014-03-31 true 06626877 2013-04-01 2014-03-31 06626877 2014-03-31 06626877 2013-03-31 06626877 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06626877 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass2 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass3 2013-03-31 iso4217:GBP shares

Registered Number 06626877

PINNACLE CARPENTRY AND ROOFING LTD

Abbreviated Accounts

31 March 2014

PINNACLE CARPENTRY AND ROOFING LTD Registered Number 06626877

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	29,713	5,416
		29,713	5,416
Current assets
Debtors		91,278	31,270
Cash at bank and in hand		57,366	26,446
		148,644	57,716
Creditors: amounts falling due within one year		(144,662)	(56,255)
Net current assets (liabilities)		3,982	1,461
Total assets less current liabilities		33,695	6,877
Total net assets (liabilities)		33,695	6,877
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		33,595	6,777
Shareholders' funds		33,695	6,877

For the year ending 31 March 2014 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 30 December 2014

And signed on their behalf by:
F Stoica, Director

PINNACLE CARPENTRY AND ROOFING LTD Registered Number 06626877

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

Turnover policy
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
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%

Other accounting policies
Taxation
Corporation tax payable is provided on taxable profits at the current rates. Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.

2Tangible fixed assets

	£
Cost
At 1 April 2013	12,177
Additions	34,201
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	46,378
Depreciation
At 1 April 2013	6,761
Charge for the year	9,904
On disposals	-
At 31 March 2014	16,665
Net book values
At 31 March 2014	29,713
At 31 March 2013	5,416

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

	2014 £	2013 £
0 Ordinary shares of £1 each (100 shares for 2013)	0	100
99 A Ordinary shares of £1 each (0 shares for 2013)	99	0
1 B Ordinary share of £1 each (0 shares for 2013)	1	0