Company No: 11716998 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Investments	3	267		367
		267		367
Current assets
Debtors	4	77,152		25,282
Cash at bank and in hand		335		334
		77,487		25,616
Creditors: amounts falling due within one year	5	( 77,420)		( 25,649)
Net current assets/(liabilities)		67		(33)
Total assets less current liabilities		334		334
Net assets		334		334
Capital and reserves
Called-up share capital	6	306		306
Capital redemption reserve		28		28
Total shareholders' funds		334		334

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Pitchmark Holdings Ltd (registered number: 11716998) were approved and authorised for issue by the Board of Directors on 18 September 2025. They were signed on its behalf by:

Mr T Rodman Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Pitchmark Holdings Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 108 Longmead Road Emerald Park East, Emersons Green, Bristol, BS16 7FG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Comprehensive Income as described below.

Non-financial assets
At each balance sheet date, the company reviews its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss.

If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

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 rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Comprehensive Income. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Fixed asset investments

Investments in subsidiaries

	2024
	£
Cost
At 01 January 2024	367
Disposals	( 100)
At 31 December 2024	267
Carrying value at 31 December 2024	267
Carrying value at 31 December 2023	367

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 31.12.2024	Ownership 31.12.2023
The Pitchmark Group Ltd	Unit 108 Longmead Road Emerald Park East, Bristol, BS16 7FG	Other manufacturing	Ordinary	100.00%	100.00%
Pitchmark Global Ltd	Unit 108 Longmead Road Emerald Park East, Bristol, BS16 7FG	Other manufacturing	Ordinary	100.00%	100.00%
Total Amenity Supplies Ltd	Unit 108 Longmead Road Emerald Park East, Bristol, BS16 7FG	Dormant	Ordinary	0.00%	100.00%

During the year, the company disposed of its shares in Total Amenity Supplies Ltd as the company was dissolved.

4. Debtors

	2024		2023
	£		£
Amounts owed by Group undertakings	0		3,013
Amounts owed by directors	77,152		22,269
	77,152		25,282

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Amounts owed to Group undertakings	55,591		0
Amounts owed to directors	21,562		25,282
Other creditors	267		367
	77,420		25,649

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
100 Ordinary A shares of £ 1.00 each	100		100
134 Ordinary B shares of £ 1.00 each	134		134
	234		234
72 Preference shares of £ 1.00 each	72		72
	306		306

7. Related party transactions

Transactions with the entity's directors

	2024		2023
	£		£
Amounts owed to directors at the balance sheet date	21,562		25,282
Amounts owed by directors at the balance sheet date	77,152		22,269
Dividends paid to the directors of the company during the year	94,239		115,875

The above loans are interest-free and there are no fixed dates for repayment.

The Company has taken advantage of the exemption available under FRS 102 section 1.A.C 35 to not disclose transactions within a wholly owned group.