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PG Employee Trustee Limited
(A company limited by guarantee)
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Notes to the financial statements
For the year ended 31 March 2024
The company is a private company limited by guarantee and incorporated in England and Wales. The registered number is 10024213 and the registered office is 67-74 Saffron Hill, London, EC2V 6DL.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.
The company was dormant (within the meaning of section 480 of the Companies Act 2006) throughout the year ended 31 March 2024. The company has not traded during the year, received no income and incurred no expenditure and therefore made neither a profit nor loss.
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
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