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REGISTERED NUMBER: 10440575 (England and Wales)















PJK HOLDINGS LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






PJK HOLDINGS LIMITED (REGISTERED NUMBER: 10440575)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

PJK HOLDINGS LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: P J Kelly





REGISTERED OFFICE: The Mill
One High Street
Henley-in-Arden
Warwickshire
B95 5AA





REGISTERED NUMBER: 10440575 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

PJK HOLDINGS LIMITED (REGISTERED NUMBER: 10440575)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,207 1,039

CURRENT ASSETS
Stocks 4,763,285 4,747,815
Debtors 5 37,087,563 34,096,446
Cash at bank 711,408 602,043
42,562,256 39,446,304
CREDITORS
Amounts falling due within one year 6 27,281,070 23,748,549
NET CURRENT ASSETS 15,281,186 15,697,755
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,282,393

15,698,794

CAPITAL AND RESERVES
Called up share capital 7 20 20
Retained earnings 15,282,373 15,698,774
SHAREHOLDERS' FUNDS 15,282,393 15,698,794

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 September 2024 and were signed by:




P J Kelly - Director


PJK HOLDINGS LIMITED (REGISTERED NUMBER: 10440575)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

PJK 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.

Preparation of consolidated financial statements
The financial statements contain information about PJK Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Loans due from or to group, associate or related parties, are basic financial instruments, are measured at amortised cost and are interest free, unsecured, have no fixed date of repayment and are repayable on demand.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


PJK HOLDINGS LIMITED (REGISTERED NUMBER: 10440575)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Shares in Interest
group in
undertakings associate Totals
£    £    £   
COST
At 1 January 2023 780 259 1,039
Additions 100 68 168
At 31 December 2023 880 327 1,207
NET BOOK VALUE
At 31 December 2023 880 327 1,207
At 31 December 2022 780 259 1,039

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 125,800 78,000
Amounts owed by group undertakings 17,810,330 17,275,017
Amounts owed by participating interests 10,545,761 7,585,889
Other debtors 8,605,672 9,157,540
37,087,563 34,096,446

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 129,041 40,416
Amounts owed to group undertakings 988,490 1,222,744
Amounts owed to participating interests 8,059,344 7,152,657
Taxation and social security - 19,053
Other creditors 18,104,195 15,313,679
27,281,070 23,748,549

PJK HOLDINGS LIMITED (REGISTERED NUMBER: 10440575)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
2,000 Ordinary 0.01 20 20

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 31 December 2023 the director was owed £10,428,759 (2022: £8,805,152)

9. RELATED PARTY DISCLOSURES

Transactions with related parties
During the year the company entered into the following transactions with related parties;

Sales £93,611 (2022:£584,000).

Purchases £7,079 (2022:£Nil)

Amounts due from related parties
£19,111,253 (2022: £16,146,729)

Amounts due to related parties
£15,659,006 (2022: £13,647,691)

Related parties include entities that are companies ultimately controlled by the directors, are companies in which the directors are shareholders and/or are Trusts in which the directors are beneficiaries.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P J Kelly.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
PJK Holdings Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PJK Holdings Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of PJK Holdings Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PJK Holdings Limited and state those matters that we have agreed to state to the director of PJK Holdings Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PJK Holdings Limited and its director for our work or for this report.

It is your duty to ensure that PJK Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of PJK Holdings Limited. You consider that PJK Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of PJK Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


Date: .............................................