Acorah Software Products - Accounts Production 16.1.300 false true false 26 June 2023 30 June 2024 30 June 2024 14962637 Mrs Preeti Gupta Mr Sandeep Gupta iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14962637 2023-06-25 14962637 2024-06-30 14962637 2023-06-26 2024-06-30 14962637 frs-core:ShareCapital 2024-06-30 14962637 frs-bus:PrivateLimitedCompanyLtd 2023-06-26 2024-06-30 14962637 frs-bus:FilletedAccounts 2023-06-26 2024-06-30 14962637 frs-bus:SmallEntities 2023-06-26 2024-06-30 14962637 frs-bus:AuditExemptWithAccountantsReport 2023-06-26 2024-06-30 14962637 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-26 2024-06-30 14962637 frs-core:UnlistedNon-exchangeTraded 2024-06-30 14962637 frs-core:UnlistedNon-exchangeTraded 2023-06-25 14962637 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-06-25 14962637 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 14962637 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2024-06-30 14962637 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-06-25 14962637 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2024-06-30 14962637 frs-bus:Director1 2023-06-26 2024-06-30 14962637 frs-bus:Director2 2023-06-26 2024-06-30 14962637 frs-countries:EnglandWales 2023-06-26 2024-06-30
Registered number: 14962637
PG HOLDINGS GROUP LTD
Financial Statements
For The Year Ended 30 June 2024
Imran Watson Chartered Certified Accountants
FCCA
Listerhills Science Park
18 Campus Road
Bradford
West Yorkshire
BD7 1HR
Contents
Page
Accountant's Report 1
Balance Sheet 2
Notes to the Financial Statements 3
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of PG HOLDINGS GROUP LTD for the year ended 30 June 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of PG HOLDINGS GROUP LTD which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of PG HOLDINGS GROUP LTD , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of PG HOLDINGS GROUP LTD and state those matters that we have agreed to state to the directors of PG HOLDINGS GROUP LTD , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PG HOLDINGS GROUP LTD and its directors as a body for our work or for this report.
It is your duty to ensure that PG HOLDINGS GROUP LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of PG HOLDINGS GROUP LTD . You consider that PG HOLDINGS GROUP LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PG HOLDINGS GROUP LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
07/04/2025
Imran Watson Chartered Certified Accountants
FCCA
Listerhills Science Park
18 Campus Road
Bradford
West Yorkshire
BD7 1HR
Page 1
Page 2
Balance Sheet
Registered number: 14962637
2024
Notes £ £
FIXED ASSETS
Investments 4 10,500,000
10,500,000
TOTAL ASSETS LESS CURRENT LIABILITIES 10,500,000
NET ASSETS 10,500,000
CAPITAL AND RESERVES
Called up share capital 5 10,500,000
SHAREHOLDERS' FUNDS 10,500,000
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Sandeep Gupta
Director
07/04/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PG HOLDINGS GROUP LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14962637 . The registered office is Unit 18 Campus Road, , Bradford, BD7 1HR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL
-
4. Investments
Unlisted
£
Cost
As at 26 June 2023 -
Additions 10,500,000
As at 30 June 2024 10,500,000
Provision
As at 26 June 2023 -
As at 30 June 2024 -
Net Book Value
As at 30 June 2024 10,500,000
As at 26 June 2023 -
5. Share Capital
2024
£
Allotted, Called up and fully paid 10,500,000
6. Disclosure & Notes:
Post-Balance Sheet Event: On 27 August 2024, the company received a distribution in specie of the entire share capital of Riana Developments Ltd from its subsidiary S.K. Imports Ltd. This was followed by a cancellation of £7,000,000 of A ordinary shares, and a transfer of Riana Developments Ltd to Riana Holdings Ltd. These transactions formed part of a capital reduction demerger and will be reflected in the financial statements for the year ending 30 June 2025.
Page 3