Company No:
Contents
DIRECTORS | Andrew Kenneth Coles |
Jenni Siew Lay Pignatelli | |
Mark Guy Lewis Pignatelli |
REGISTERED OFFICE | 22 Chancery Lane |
London | |
WC2A 1LS | |
United Kingdom |
COMPANY NUMBER | 08718233 (England and Wales) |
Note | 2024 | 2023 | ||
£ | £ | |||
Fixed assets | ||||
Investments | 4 |
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2,926,801 | 2,861,455 | |||
Current assets | ||||
Debtors | 5 |
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Cash at bank and in hand |
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94,136 | 7,372 | |||
Creditors: amounts falling due within one year | 6 | (
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Net current liabilities | (2,559,366) | (2,602,663) | ||
Total assets less current liabilities | 367,435 | 258,792 | ||
Net assets |
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Capital and reserves | ||||
Called-up share capital |
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Profit and loss account |
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Total shareholders' funds |
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Directors' responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Pignatelli Holdings Limited (registered number:
Jenni Siew Lay Pignatelli
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Pignatelli Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 22 Chancery Lane, London, WC2A 1LS, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.
Plant and machinery etc. |
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Investments in subsidiaries are measured at cost less impairment. Impairment reviews are carried out annually by the directors.
Listed investments are recognised initially at cost which is the transaction price excluding transaction costs. Subsequently they are measured at fair value through profit or loss.
Dividends from investments are recognised in income at the point when the company becomes entitled to the dividend.
Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which interim dividends are paid and final dividends are approved.
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the company during the year, including directors |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 01 August 2023 |
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At 31 July 2024 |
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Accumulated depreciation | |||
At 01 August 2023 |
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At 31 July 2024 |
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Net book value | |||
At 31 July 2024 |
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At 31 July 2023 |
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2024 | 2023 | ||
£ | £ | ||
Subsidiary undertakings |
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Other investments and loans |
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2,926,801 | 2,861,455 |
Investments in subsidiaries
2024 | |
£ | |
Cost | |
At 01 August 2023 |
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At 31 July 2024 |
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Provisions for impairment | |
At 01 August 2023 |
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At 31 July 2024 |
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Carrying value at 31 July 2024 |
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Carrying value at 31 July 2023 |
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Listed investments | Total | ||
£ | £ | ||
Cost or valuation before impairment | |||
At 01 August 2023 |
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Additions |
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Movement in fair value |
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At 31 July 2024 |
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Carrying value at 31 July 2024 |
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Carrying value at 31 July 2023 |
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Investments in shares
Name of entity | Registered office | Principal activity | Class of shares |
Ownership 31.07.2024 |
Ownership 31.07.2023 |
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Tagus House, 9 Ocean Way, Southampton, Hampshire, United Kingdom, SO14 3TJ | Recruitment |
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First Floor, 26 Hanover Buildings, Southampton, SO14 1JU | Recruitment |
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Tagus House, 9 Ocean Way, Southampton, Hampshire, United Kingdom, SO14 3TJ | Recruitment |
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2024 | 2023 | ||
£ | £ | ||
Amounts owed by group undertakings |
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Other debtors |
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2024 | 2023 | ||
£ | £ | ||
Trade creditors |
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Amounts owed to group undertakings |
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Other creditors |
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