Pinnacle (UK) Limited,Ltd - Accounts

PINNACLE (UK) LIMITED - Company Information

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Pinnacle (UK) Limited

For the year ended 30 June 2014

Unaudited Abbreviated Report and Financial Statements

England and Wales

Registered Number: 04806005

Contents Page

Pinnacle (UK) Limited

For the year ended 30 June 2014

Accountants' Report

Balance Sheet

Notes to the Abbreviated Financial Statements

Pinnacle (UK) Limited

Accountants' Report

For the year ended 30 June 2014

As described on the balance sheet you are responsible for the preparation of the financial statements for the year

ended 30 June 2014 and you consider that the company is exempt from an audit under the Companies Act 2006.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you

to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Accountancy & Business Solutions

Briarfield

Cross Stone Road

Todmorden

Lancashire

OL14 8RA

14 January 2015

Dated:

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Abbreviated Balance Sheet

Pinnacle (UK) Limited

As at 30 June 2014

04806005

Registered Number :

2014

Notes

2013

Fixed assets

Tangible assets

1,225,938

1,225,260

1,225,938

1,225,260

Current assets

Debtors

805,017

870,667

Cash at bank and in hand

37,031

24,886

907,698

829,903

Creditors: amounts falling due within one year

(2,267,253)

(2,094,112)

(1,437,350)

(1,186,414)

Net current liabilities

Total assets less current liabilities

39,524

(212,090)

(52)

Provisions for liabilities

39,472

Net assets/liabilities

(212,142)

Capital and reserves

Called up share capital

200

Profit and loss account

39,272

(212,342)

39,472

(212,142)

Shareholders funds

For the year ended 30 June 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;

2) 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.

Date approved by the board: 14 January 2015

Steven James Hibbert Director

Signed on behalf of the board of directors

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Notes to the Abbreviated Financial Statements

Pinnacle (UK) Limited

For the year ended 30 June 2014

1 Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

15 Reducing balance

2 Tangible fixed assets

Tangible fixed

assets

Cost or valuation

1,225,823

At 01 July 2013

805

Additions

At 30 June 2014

1,226,628

Depreciation

563

At 01 July 2013

127

Charge for year

690

At 30 June 2014

Net book values

At 30 June 2014

1,225,938

1,225,260

At 30 June 2013

Debtors include an amount of £0 (2013: £234333) falling due after more than one year

3 Debtors:

4 Share capital

Allotted called up and fully paid

2014

2013

100 Ordinary shares of £1.00 each

100

100 Ordinary A shares of £1.00 each

100

200

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