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REGISTERED NUMBER: 11668248 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2023

for

PBL HOLDINGS LIMITED

PBL HOLDINGS LIMITED (REGISTERED NUMBER: 11668248)

Contents of the Financial Statements
for the year ended 30 June 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PBL HOLDINGS LIMITED

Company Information
for the year ended 30 June 2023







Director: Mr G Raife





Registered office: Unit 9 Saxon House
Upminster Trading Park
Warley Street
Upminster
Essex
RM14 3PJ





Registered number: 11668248 (England and Wales)





Accountants: Haines Watts Essex LLP
Chartered Accountants
Juniper House
Warley Hill Business Park
The Drive
Brentwood
Essex
CM13 3BE

PBL HOLDINGS LIMITED (REGISTERED NUMBER: 11668248)

Statement of Financial Position
30 June 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Investments 4 100 100
Investment property 5 297,876 297,876
297,976 297,976

Current assets
Debtors 6 71,000 192,000
Cash at bank 16,947 9,748
87,947 201,748
Creditors
Amounts falling due within one year 7 40,124 37,729
Net current assets 47,823 164,019
Total assets less current liabilities 345,799 461,995

Creditors
Amounts falling due after more than one
year

8

64,970

87,279
Net assets 280,829 374,716

Capital and reserves
Called up share capital 10 50 100
Capital redemption reserve 50 -
Retained earnings 280,729 374,616
Shareholders' funds 280,829 374,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PBL HOLDINGS LIMITED (REGISTERED NUMBER: 11668248)

Statement of Financial Position - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2023 and were signed by:





Mr G Raife - Director


PBL HOLDINGS LIMITED (REGISTERED NUMBER: 11668248)

Notes to the Financial Statements
for the year ended 30 June 2023


1. Statutory information

PBL Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

PBL HOLDINGS LIMITED (REGISTERED NUMBER: 11668248)

Notes to the Financial Statements - continued
for the year ended 30 June 2023


4. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 July 2022
and 30 June 2023 100
Net book value
At 30 June 2023 100
At 30 June 2022 100

5. Investment property
Total
£   
Fair value
At 1 July 2022
and 30 June 2023 297,876
Net book value
At 30 June 2023 297,876
At 30 June 2022 297,876

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors 71,000 192,000

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 28,800 28,800
Taxation and social security 2,610 1,804
Other creditors 8,714 7,125
40,124 37,729

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 64,970 87,279

9. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 93,770 116,079

The bank loan is secured against the investment property held in the company.

PBL HOLDINGS LIMITED (REGISTERED NUMBER: 11668248)

Notes to the Financial Statements - continued
for the year ended 30 June 2023


10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50 Ordinary £1 50 100

During the year the company re-purchased 50 Ordinary £1 shares.