PTG REAL ESTATE ASSOCIATES LIMITED


Director	BISHOP, Paul


Registered Address	5th Floor 167-169 Great Portland Street
	Westminster
	W1W 5PF


Registered Number	15658968 (England and Wales)

Balance Sheet as at
30 April 2025

	Notes	2025
		£	£
Fixed assets
Tangible assets	3		1,007
			1,007
Current assets
Debtors	4	1,959
Cash at bank and on hand		54,151
		56,110
Creditors amounts falling due within one year	5	(26,511)
Net current assets (liabilities)			29,599
Total assets less current liabilities			30,606
Net assets			30,606
Capital and reserves
Called up share capital			100
Profit and loss account			30,506
Shareholders' funds			30,606

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 2 September 2025, and are signed on its behalf by:

BISHOP, Paul
Director
Registered Company No. 15658968

PTG REAL ESTATE ASSOCIATES LIMITED

Notes to the Financial Statements
for the period ended 30 April 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Revenue from rendering of services
	Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Office Equipment	25

2.	Average number of employees


		2025
	Average number of employees during the year	1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
Additions	1,343	1,343
At 30 April 25	1,343	1,343
Depreciation and impairment
Charge for year	336	336
At 30 April 25	336	336
Net book value
At 30 April 25	1,007	1,007
At 17 April 24	-	-

4.	Debtors: amounts due within one year

		2025
		£
	Other debtors	391
	Prepayments and accrued income	1,568
	Total	1,959

5.	Creditors: amounts due within one year

		2025
		£
	Taxation and social security	21,299
	Other creditors	5,212
	Total	26,511