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REGISTERED NUMBER: 03262295 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

P.I.G.I. LIMITED

P.I.G.I. LIMITED (REGISTERED NUMBER: 03262295)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P.I.G.I. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: C D Bentley





REGISTERED OFFICE: Unit 2 E
Little London Road
Sheffield
S8 0UJ





REGISTERED NUMBER: 03262295 (England and Wales)





ACCOUNTANTS: Jones Francis Limited
400-402 Richmond Road
Sheffield
South Yorkshire
S13 8LZ

P.I.G.I. LIMITED (REGISTERED NUMBER: 03262295)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 54,548 47,509

CURRENT ASSETS
Debtors 5 912 1,027
Cash at bank 1,374 9,831
2,286 10,858
CREDITORS
Amounts falling due within one year 6 15,861 18,113
NET CURRENT LIABILITIES (13,575 ) (7,255 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,973

40,254

CREDITORS
Amounts falling due after more than
one year

7

(14,806

)

(24,946

)

PROVISIONS FOR LIABILITIES (1,150 ) -
NET ASSETS 25,017 15,308

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 8 3,450 (2,667 )
Retained earnings 21,565 17,973
25,017 15,308

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

P.I.G.I. LIMITED (REGISTERED NUMBER: 03262295)

BALANCE SHEET - continued
30 APRIL 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 director and authorised for issue on 18 February 2025 and were signed by:





C D Bentley - Director


P.I.G.I. LIMITED (REGISTERED NUMBER: 03262295)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

P.i.g.i. 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.

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 as modified by the revaluation of certain assets.

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

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.

3. EMPLOYEES AND DIRECTORS

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

P.I.G.I. LIMITED (REGISTERED NUMBER: 03262295)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 May 2023 47,509
Additions 9,398
Disposals (9,626 )
Revaluations 7,267
At 30 April 2024 54,548
NET BOOK VALUE
At 30 April 2024 54,548
At 30 April 2023 47,509

Cost or valuation at 30 April 2024 is represented by:

Other
investments
£   
Valuation in 2023 (2,667 )
Valuation in 2024 7,267
Cost 49,948
54,548

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 912 1,027

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 10,140 9,890
Trade creditors 2,414 1,030
Taxation and social security 747 4,688
Other creditors 2,560 2,505
15,861 18,113

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 14,806 24,946

P.I.G.I. LIMITED (REGISTERED NUMBER: 03262295)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. RESERVES
Fair
value
reserve
£   
At 1 May 2023 (2,667 )
Fair value movement 6,117

At 30 April 2024 3,450

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
C D Bentley
Balance outstanding at start of year - 28,000
Amounts repaid - (28,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C D Bentley.