IRIS Accounts Production v25.1.0.734 14298807 director 1.8.23 31.7.24 31.7.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh142988072023-07-31142988072024-07-31142988072023-08-012024-07-31142988072022-08-15142988072022-08-162023-07-31142988072023-07-3114298807ns15:EnglandWales2023-08-012024-07-3114298807ns14:PoundSterling2023-08-012024-07-3114298807ns10:Director12023-08-012024-07-3114298807ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3114298807ns10:SmallEntities2023-08-012024-07-3114298807ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3114298807ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3114298807ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3114298807ns10:FullAccounts2023-08-012024-07-3114298807ns10:EntityHasNeverTraded2023-08-012024-07-3114298807ns10:OrdinaryShareClass12023-08-012024-07-3114298807ns10:RegisteredOffice2023-08-012024-07-3114298807ns5:CurrentFinancialInstruments2024-07-3114298807ns5:CurrentFinancialInstruments2023-07-3114298807ns5:ShareCapital2024-07-3114298807ns5:ShareCapital2023-07-3114298807ns5:CostValuation2023-07-3114298807ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3114298807ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3114298807ns10:OrdinaryShareClass12024-07-31
REGISTERED NUMBER: 14298807 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024

FOR

PNP GROUP HOLDINGS LTD

PNP GROUP HOLDINGS LTD (REGISTERED NUMBER: 14298807)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PNP GROUP HOLDINGS LTD

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTOR: Mr Neil Daren Hickling





REGISTERED OFFICE: Unit E207
Warmco Industry Park
Manchester Road
Mossley
Greater Manchester
OL5 9AY





REGISTERED NUMBER: 14298807 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

PNP GROUP HOLDINGS LTD (REGISTERED NUMBER: 14298807)

BALANCE SHEET
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 4 360,000 360,000

CURRENT ASSETS
Debtors 5 100 100

CREDITORS
Amounts falling due within one year 6 360,000 360,000
NET CURRENT LIABILITIES (359,900 ) (359,900 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

100

100

CAPITAL AND RESERVES
Called up share capital 7 100 100
SHAREHOLDERS' FUNDS 100 100

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:





Mr Neil Daren Hickling - Director


PNP GROUP HOLDINGS LTD (REGISTERED NUMBER: 14298807)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

PNP Group Holdings Limited is a private company limited by share capital, incorporated in England and Wales, registration number 14298807. The address of the registered office and principle place of business is Unit E207 Warmco Industry Park, Manchester Road, Mossley, United Kingdom, OL5 9AY.

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. Tax is recognised in the profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

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 August 2023
and 31 July 2024 360,000
NET BOOK VALUE
At 31 July 2024 360,000
At 31 July 2023 360,000

PNP GROUP HOLDINGS LTD (REGISTERED NUMBER: 14298807)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024


4. FIXED ASSET INVESTMENTS - continued

Details of the company's subsidiaries at 31st July 2024 are as follows:



Name of undertaking


Registered office
Class of
shares
held


% Held
Direct Indirect
PNP Motion Controls Limited United Kingdom Ordinary 100 -
PNP Drives & Controls Limited United Kingdom Ordinary 100 -


The registered office of PNP Motion Controls Limited is Unit E207 Warmco Ind Park, Manchester Road, Mossley, OL5 9AY.

The registered office of PNP Drives Controls Limited is Unit E207 Warmco Ind Park, Manchester Road, Mossley, OL5 9AY.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 100 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 296,000 296,000
Other creditors 64,000 64,000
360,000 360,000

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1.00 100 100

8. RELATED PARTY DISCLOSURES

Included within other creditors is an amount of £296,000 (2023: £296,000) due to a related party company. This balance is interest free and repayable on demand.