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REGISTERED NUMBER: 09919347 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

PGW Holdings Limited

PGW Holdings Limited (Registered number: 09919347)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PGW Holdings Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr W P Mccabe
Mr G F Mccabe
Mr P D Sanderson





REGISTERED OFFICE: Oakney Wood Road
Selby Business Park
Selby
North Yorkshire
YO8 8LZ





REGISTERED NUMBER: 09919347 (England and Wales)





ACCOUNTANTS: Crowther Chartered Accountants
Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ

PGW Holdings Limited (Registered number: 09919347)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £ £ £ £
FIXED ASSETS
Investments 4 600,000 600,000

CURRENT ASSETS
Debtors 5 12,000 38,494
Cash in hand 3 3
12,003 38,497
CREDITORS
Amounts falling due within one year 6 560,340 589,453
NET CURRENT LIABILITIES (548,337 ) (550,956 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,663

49,044

CREDITORS
Amounts falling due after more than one
year

7

-

2,590
NET ASSETS 51,663 46,454

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 51,660 46,451
SHAREHOLDERS' FUNDS 51,663 46,454

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

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

PGW Holdings Limited (Registered number: 09919347)

Balance Sheet - continued
31 August 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 10 March 2025 and were signed on its behalf by:





Mr P D Sanderson - Director


PGW Holdings Limited (Registered number: 09919347)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

PGW 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.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

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 NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 September 2023
and 31 August 2024 600,000
NET BOOK VALUE
At 31 August 2024 600,000
At 31 August 2023 600,000

PGW Holdings Limited (Registered number: 09919347)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Other debtors 12,000 -
Directors' loan accounts - 38,494
12,000 38,494

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Other loans (see note 8) - 45,000
Amounts owed to associates 424,119 447,345
Directors' loan accounts 135,461 96,401
Accrued expenses 760 707
560,340 589,453

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£ £
Other loans (see note 8) - 2,590

8. LOANS

An analysis of the maturity of loans is given below:

31.8.24 31.8.23
£ £
Amounts falling due within one year or on demand:
Other loans - 45,000

Amounts falling due between one and two years:
Other loans - 1-2 years - 2,590

PGW Holdings Limited (Registered number: 09919347)

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

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.2431.8.23
££
Director 1
Balance outstanding at start of year37,99837,614
Amounts advanced41,20038,084
Amounts repaid(85,860)(37,700)
Amounts written off--
Amounts waived--
Balance outstanding at end of year-37,998
Included in creditors: amount falling due within one year is a loan from the directors of £6,662 (2023 - £nil). The loan is interest free with no fixed date for repayment

Director 2
Included in creditors: amount falling due within one year is a loan from the directors of £92,758 (2023 - £96,401). The loan is interest free with no fixed date for repayment.

31.8.2431.8.23
££
Director 3
Balance outstanding at start of year4969,574
Amounts advanced22,40028,622
Amounts repaid(70,937)(37,700)
Amounts written off--
Amounts waived--
Balance outstanding at end of year-496
Included in creditors: amount falling due within one year is a loan from the directors of £48,041 (2023 - £nil). The loan is interest free with no fixed date for repayment.

10. RELATED PARTY DISCLOSURES

Acorn Lighting Services Limited
A company 92.50% owned by PGW Holdings Limited.

At the balance sheet date PGW Holdings Limited owed £422,866 (2023 - £446,800) to Acorn Lighting Services Limited.

Acorn Festive Lights Limited
A company with the same directors as PGW Holdings Limited.

At the balance sheet date the PGW Holdings Limited owed £1,253 (2023 - £545) to Acorn Festive Lights Limited.

11. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.