PJ GROUP LIMITED Filleted Accounts Cover
PJ GROUP LIMITED
Company No. 11094788
Information for Filing with The Registrar
31 December 2022
PJ GROUP LIMITED Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 December 2022.
Principal activities
The principal activity of the company during the year under review was holding company that operates head office activities.
Directors
The Directors who served at any time during the year were as follows:
J.M. Austin
(Resigned 1 June 2023)
J.M. Davison
(Resigned 21 March 2023)
J.E.P. Holdgate
P.D. Jones
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
P.D. Jones
Director
30 September 2023
PJ GROUP LIMITED Balance Sheet Registrar
at
31 December 2022
Company No.
11094788
Notes
2022
2021
£
£
Fixed assets
Investments
4
2,151,83656
2,151,83656
Current assets
Debtors
5
8,888,8558,227,431
Cash at bank and in hand
6734,575
8,889,5288,232,006
Creditors: Amount falling due within one year
6
(1,951,398)
(1,676)
Net current assets
6,938,1308,230,330
Total assets less current liabilities
9,089,9668,230,386
Net assets
9,089,9668,230,386
Capital and reserves
Called up share capital
22
Share premium account
8
7,999,9907,999,990
Profit and loss account
8
1,089,974230,394
Total equity
9,089,9668,230,386
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 December 2022 the company was entitled to exemption from audit 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 30 September 2023
And signed on its behalf by:
P.D. Jones
Director
30 September 2023
PJ GROUP LIMITED Notes to the Accounts Registrar
for the year ended 31 December 2022
1
General information
PJ GROUP LIMITED is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 11094788
Its registered office is:
Network House Third Avenue
Globe Park
Marlow
Buckinghamshire
SL7 1EY
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
3
Employees
2022
2021
Number
Number
The average monthly number of employees (including directors) during the year was:
20
4
Fixed assets investments
Investment
Total
£
£
Cost or valuation
At 1 January 2022
56
56
Additions
2,151,780
2,151,780
At 31 December 2022
2,151,836
2,151,836
Net book values
At 31 December 2022
2,151,836
2,151,836
At 31 December 2021
56
56
5
Debtors
Amounts falling due within one year
2022
2021
£
£
Amounts owed by group undertakings
8,887,1388,005,714
VAT recoverable
1,7171,717
Other debtors
-220,000
8,888,8558,227,431
6
Creditors:
Amounts falling due within one year
2022
2021
£
£
Amounts owed to group undertakings
1,656,403
426
Other creditors
293,745-
Accruals and deferred income
1,2501,250
1,951,3981,676
7
Called up share capital
2022
2021
2022
2021
Number
Number
£
£
Ordinary share capital
Issued and fully paid
A Ordinary of 0.01p each
5,460
5,460
1
1
Ordinary of 0.01p each
10,140
10,140
1
1
15,600
15,600
2
2
8
Reserves
Share premium account
2022
2021
£
£
At the beginning of the year
7,999,990
7,999,990
Issue of new shares
-
-
At the end of the year
7,999,990
7,999,990
The share premium account records the amount above nominal value received for shares issued.
Profit and loss reserves
2022
2021
£
£
At the beginning of the year
230,394
(24,783)
Profit/(loss) for the year
859,580
255,177
At the end of the year
1,089,974
230,394
The profit and loss reserve represents the cumulative profits or losses, net of dividends paid and other adjustments.
PJ GROUP LIMITED1109478831 December 202201 January 2022false30 September 2023BTCSoftware AP Solution 2023 10.3.0310.3.03true110947882022-01-012022-12-31110947882022-12-31110947882021-12-3111094788core:WithinOneYear2022-12-3111094788core:WithinOneYear2021-12-3111094788core:ShareCapital2022-12-3111094788core:ShareCapital2021-12-3111094788core:SharePremium2022-12-3111094788core:SharePremium2021-12-3111094788core:RetainedEarningsAccumulatedLosses2022-12-3111094788core:RetainedEarningsAccumulatedLosses2021-12-3111094788countries:UnitedKingdom2022-01-012022-12-3111094788bus:RegisteredOffice2022-01-012022-12-31110947882021-01-012021-12-3111094788core:CostValuation2022-01-0111094788core:AdditionsToInvestments2022-12-3111094788core:CostValuation2022-12-3111094788core:CostValuationcore:UnlistedNon-exchangeTraded2022-12-3111094788core:RetainedEarningsAccumulatedLosses2022-01-012022-12-31110947882022-01-0111094788bus:SmallEntities2022-01-012022-12-3111094788bus:FullAccounts2022-01-012022-12-3111094788bus:AuditExempt-NoAccountantsReport2022-01-012022-12-3111094788bus:Director42022-01-012022-12-3111094788bus:PrivateLimitedCompanyLtd2022-01-012022-12-31iso4217:GBPxbrli:pure