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REGISTERED NUMBER: 07007078 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

THE PMI & EG GROUP LIMITED

THE PMI & EG GROUP LIMITED (REGISTERED NUMBER: 07007078)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE PMI & EG GROUP LIMITED

COMPANY INFORMATION
for the year ended 30 June 2024







DIRECTORS: R A Seddon
Ms R J Seddon
Ms S A Clarke
Mrs K E Smith





REGISTERED OFFICE: Unit 6 Villiers Court
Meriden Business Park
Birmingham Rd
Meriden
West Midlands
CV5 9RN





REGISTERED NUMBER: 07007078 (England and Wales)





ACCOUNTANTS: Dafferns LLP
Chartered Accountants
One Eastwood
Harry Weston Road
Binley Business Park
Coventry
CV3 2UB

THE PMI & EG GROUP LIMITED (REGISTERED NUMBER: 07007078)

BALANCE SHEET
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 5 3,257,265 2,519,392

CURRENT ASSETS
Debtors 6 31,790 31,790
Cash at bank and in hand 838 105,327
32,628 137,117
CREDITORS
Amounts falling due within one year 7 2,214,424 1,496,728
NET CURRENT LIABILITIES (2,181,796 ) (1,359,611 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,075,469

1,159,781

CREDITORS
Amounts falling due after more than one
year

8

89,350

339,350
NET ASSETS 986,119 820,431

CAPITAL AND RESERVES
Called up share capital 9 101 90
Share premium 10 665,657 499,980
Capital redemption reserve 10 10 10
Retained earnings 10 320,351 320,351
SHAREHOLDERS' FUNDS 986,119 820,431

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 PMI & EG GROUP LIMITED (REGISTERED NUMBER: 07007078)

BALANCE SHEET - continued
30 June 2024


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 Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:





R A Seddon - Director


THE PMI & EG GROUP LIMITED (REGISTERED NUMBER: 07007078)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 June 2024

1. STATUTORY INFORMATION

The PMI & EG Group 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 presentational currency of the financial statements is British Pound Sterling (GBP) and the
financial statements have been rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about The PMI & EG Group 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.

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

Financial instruments
Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

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.

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.

THE PMI & EG GROUP LIMITED (REGISTERED NUMBER: 07007078)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2023 2,519,392
Additions 737,873
At 30 June 2024 3,257,265
NET BOOK VALUE
At 30 June 2024 3,257,265
At 30 June 2023 2,519,392

The Company's investments at the Balance Sheet date in the share capital of companies include the following:

Process Management International Limited
Registered office: Unit 6 Villiers Court, Meriden Business Park, Birmingham Road, Meriden, Warwickshire, CV5 9RN
Nature of business: Consultancy and training
%
Class of shares: holding
'A' cumulative preference 100.00
'B' ordinary 100.00

Capella Associates Limited
Registered office: Unit 6 Villiers Court, Meriden Business Park, Birmingham Road, Meriden, Warwickshire, CV5 9RN
Nature of business: Consultancy and training
%
Class of shares: holding
Ordinary 100.00

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 31,790 31,790

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 2,194,424 1,476,728
Other creditors 20,000 20,000
2,214,424 1,496,728

THE PMI & EG GROUP LIMITED (REGISTERED NUMBER: 07007078)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 89,350 339,350

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10,112 Ordinary A 0.01 101 75
NIL Ordinary B 0.01 - 15
101 90

10. RESERVES
Capital
Retained Share redemption
earnings premium reserve Totals
£    £    £    £   

At 1 July 2023 320,351 499,980 10 820,341
Profit for the year 103,455 103,455
Dividends (103,455 ) (103,455 )
Bonus share issue - 165,677 - 165,677
At 30 June 2024 320,351 665,657 10 986,018

11. RELATED PARTY DISCLOSURES

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.

12. ULTIMATE CONTROLLING PARTY

The company is not under the control of any one individual.