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REGISTERED NUMBER: 06477345 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

PTM HOLDINGS LIMITED

PTM HOLDINGS LIMITED (REGISTERED NUMBER: 06477345)

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










Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


PTM HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: D T Moist
R M Cummings
M B Turner





REGISTERED OFFICE: 13 Tudhoe Industrial Estate
Spennymoor
Co. Durham
DL16 6TL





REGISTERED NUMBER: 06477345 (England and Wales)





ACCOUNTANTS: Momentum Taxation and Accountancy Ltd
Harelands Courtyard Offices
Moor Road
Melsonby
Richmond
North Yorkshire
DL10 5NY

PTM HOLDINGS LIMITED (REGISTERED NUMBER: 06477345)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 OCTOBER 2024


The directors present their report with the financial statements of the company for the year ended 31 October 2024.

DIRECTORS
D T Moist has held office during the whole of the period from 1 November 2023 to the date of this report.

Other changes in directors holding office are as follows:

J Beamson - resigned 29 October 2024
R G Elliott - resigned 29 October 2024
M J Rogan - resigned 29 October 2024
R M Cummings - appointed 29 October 2024
M B Turner - appointed 29 October 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





D T Moist - Director


30 July 2025

PTM HOLDINGS LIMITED (REGISTERED NUMBER: 06477345)

INCOME STATEMENT
FOR THE YEAR ENDED 31 OCTOBER 2024

2024 2023
£    £   

TURNOVER - -
OPERATING PROFIT - -

Income from shares in group
undertakings

4,633,589

-
PROFIT BEFORE TAXATION 4,633,589 -

Tax on profit - -
PROFIT FOR THE FINANCIAL YEAR 4,633,589 -

PTM HOLDINGS LIMITED (REGISTERED NUMBER: 06477345)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 4,316,526 4,316,526

CREDITORS
Amounts falling due within one year 5 - 1,493,079
NET CURRENT LIABILITIES - (1,493,079 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,316,526

2,823,447

CAPITAL AND RESERVES
Called up share capital 2,800,000 2,800,000
Retained earnings 1,516,526 23,447
SHAREHOLDERS' FUNDS 4,316,526 2,823,447

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 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2025 and were signed on its behalf by:



D T Moist - Director


PTM HOLDINGS LIMITED (REGISTERED NUMBER: 06477345)

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


1. STATUTORY INFORMATION

PTM 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).

PTM HOLDINGS LIMITED (REGISTERED NUMBER: 06477345)

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


4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 November 2023
and 31 October 2024 4,316,526
NET BOOK VALUE
At 31 October 2024 4,316,526
At 31 October 2023 4,316,526

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings - 1,493,079

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is CIFO Limited.