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PRICE GROUP LIMITED
(FORMERLY KNOWN AS PBS SPV2 LIMITED)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2024
The PBS SPV 2 Limited is a private company, limited by shares, registered in England and Wales, registration number 13772941. The registered address of the company is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.
The principal activity of the company is that acts as the holding company.
On the 23rd October 2024, the company changed its name to Price Group Limited from PBS SPV2 Limited.
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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Investments in subsidiaries are measured at cost less accumulated impairment.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
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Investments in subsidiary companies
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The following was a subsidiary undertaking of the company:
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Unit 4 Mariner Business Centre, 1 Kings Way, Croydon, United Kingdom, CR0 4GE
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3
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