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REGISTERED NUMBER: 08941119 (England and Wales)












Financial Statements

for the Year Ended 31st March 2024

for

PGM Property Ltd

PGM Property Ltd (Registered number: 08941119)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PGM Property Ltd

Company Information
for the Year Ended 31st March 2024







DIRECTOR: R P G Moody





REGISTERED OFFICE: 2 West Street
Henley On Thames
Oxfordshire
RG9 2DU





REGISTERED NUMBER: 08941119 (England and Wales)





ACCOUNTANTS: Buffery & Co Ltd
2 West Street
Henley On Thames
Oxfordshire
RG9 2DU

PGM Property Ltd (Registered number: 08941119)

Abridged Balance Sheet
31st March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,024 1,543

CURRENT ASSETS
Debtors 50,941 69,872
Cash at bank 11,258 37
62,199 69,909
CREDITORS
Amounts falling due within one year 45,468 43,835
NET CURRENT ASSETS 16,731 26,074
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,755

27,617

CREDITORS
Amounts falling due after more than one
year

17,365

27,442
NET ASSETS 390 175

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 6 290 75
SHAREHOLDERS' FUNDS 390 175

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

PGM Property Ltd (Registered number: 08941119)

Abridged Balance Sheet - continued
31st March 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 29th October 2024 and were signed by:





R P G Moody - Director


PGM Property Ltd (Registered number: 08941119)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

PGM Property Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Computer equipment - 33.33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st April 2023
and 31st March 2024 7,459
DEPRECIATION
At 1st April 2023 5,916
Charge for year 519
At 31st March 2024 6,435
NET BOOK VALUE
At 31st March 2024 1,024
At 31st March 2023 1,543

PGM Property Ltd (Registered number: 08941119)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1.00 100 100

6. RESERVES
Retained
earnings
£   

At 1st April 2023 75
Profit for the year 27,215
Dividends (27,000 )
At 31st March 2024 290

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2024 and 31st March 2023:

31.3.24 31.3.23
£    £   
R P G Moody
Balance outstanding at start of year 44,419 84,192
Amounts advanced 30,413 11,477
Amounts repaid (40,000 ) (51,250 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 34,832 44,419