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REGISTERED NUMBER: 13016080 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 OCTOBER 2024

FOR

PGB VENTURES LIMITED

PGB VENTURES LIMITED (REGISTERED NUMBER: 13016080)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


PGB VENTURES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







Director: P G Billingham





Registered office: 12 Olymbia Place
Great Sankey
Warrington
United Kingdom
WA5 8DQ





Registered number: 13016080 (England and Wales)





Accountants: Athos Business Solutions Limited
1623 Warwick Road
Knowle
Solihull
West Midlands
B93 9LF

PGB VENTURES LIMITED (REGISTERED NUMBER: 13016080)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 8,864 8,757
Investments 5 35,000 10,000
Investment property 6 417,000 694,739
460,864 713,496

CURRENT ASSETS
Debtors 7 3,296 2,468
Cash at bank and in hand 8,879 14,704
12,175 17,172
CREDITORS
Amounts falling due within one year 8 27,449 284,811
NET CURRENT LIABILITIES (15,274 ) (267,639 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

445,590

445,857

PROVISIONS FOR LIABILITIES 1,684 1,664
NET ASSETS 443,906 444,193

CAPITAL AND RESERVES
Called up share capital 10 10
Fair value reserve 9 (997 ) (22,494 )
Retained earnings 9 444,893 466,677
443,906 444,193

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

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

PGB VENTURES LIMITED (REGISTERED NUMBER: 13016080)

BALANCE SHEET - continued
31 OCTOBER 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 director and authorised for issue on 23 June 2025 and were signed by:





P G Billingham - Director


PGB VENTURES LIMITED (REGISTERED NUMBER: 13016080)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Pgb Ventures 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & Fittings - 15% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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).

PGB VENTURES LIMITED (REGISTERED NUMBER: 13016080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. TANGIBLE FIXED ASSETS
Fixtures Computer
& Fittings equipment Totals
£    £    £   
Cost
At 1 November 2023 9,770 3,019 12,789
Additions - 2,700 2,700
At 31 October 2024 9,770 5,719 15,489
Depreciation
At 1 November 2023 2,690 1,342 4,032
Charge for year 1,062 1,531 2,593
At 31 October 2024 3,752 2,873 6,625
Net book value
At 31 October 2024 6,018 2,846 8,864
At 31 October 2023 7,080 1,677 8,757

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
Cost
At 1 November 2023 10,000
Additions 25,000
At 31 October 2024 35,000
Net book value
At 31 October 2024 35,000
At 31 October 2023 10,000

PGB VENTURES LIMITED (REGISTERED NUMBER: 13016080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


6. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 November 2023 694,739
Disposals (299,236 )
Revaluations 21,497
At 31 October 2024 417,000
Net book value
At 31 October 2024 417,000
At 31 October 2023 694,739

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2023 (22,997 )
Valuation in 2024 21,497
Cost 418,500
417,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,984 2,318
Other debtors 312 150
3,296 2,468

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 2,514
Other creditors 27,449 282,297
27,449 284,811

PGB VENTURES LIMITED (REGISTERED NUMBER: 13016080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 November 2023 466,677 (22,494 ) 444,183
Deficit for the year (17,784 ) (17,784 )
Dividends (4,000 ) (4,000 )
Fair value reserve - 21,497 21,497
At 31 October 2024 444,893 (997 ) 443,896