PJ GROUP LIMITED Accounts






PJ GROUP LIMITED

	Company No. 11094788
		Information for Filing with The Registrar
		31 December 2024

The Directors present their report and the accounts for the year ended 31 December 2024.

Principal activities
The principal activity of the company during the year under review was an investment company for technology activities.




Directors

The Directors who served at any time during the year were as follows:

J.E.P. Holdgate
P.D. Jones
M.P. Simcox







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

P.D. Jones
Director
26 September 2025

at	31 December 2024
Company No.		11094788	Notes	2024	2023
				£	£
Fixed assets



	Investments		4	35,043,272	2,151,836
				35,043,272	2,151,836
Current assets

	Debtors		5	9,723,060	8,420,128

	Cash at bank and in hand			310	101
				9,723,370	8,420,229
Creditors: Amount falling due within one year			6	(224,000)	-
Net current assets				9,499,370	8,420,229
Total assets less current liabilities				44,542,642	10,572,065
Creditors: Amounts falling due after more than one year			7	(2,837,228)	(1,969,203)



Net assets				41,705,414	8,602,862

Capital and reserves
	Called up share capital		8	2	2
	Share premium account		9	7,999,990	7,999,990
	Investment revaluation		9	32,891,436	-

	Profit and loss account		9	813,986	602,870

Total equity				41,705,414	8,602,862



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 December 2024 the company was entitled to exemption from audit 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 26 September 2025 and signed on its behalf by:
P.D. Jones
Director
26 September 2025

for the year ended 31 December 2024

General information

PJ GROUP LIMITED is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 11094788

Its registered office is:

Network House

Globe Business Park

Third Avenue, Marlow

Buckinghamshire

SL7 1EY

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Revenue from management fees is recognised when the service has been provided and the amount can be measured reliably. It is recorded at the fair value of consideration receivable, net of any estimated rebates or similar allowances.

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.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

3	Employees
			2024	2023
			Number	Number
		The average monthly number of employees during the year was:	0	2

4	Investments
			Investment in Subsidiaries	Total
			£	£
		Cost or valuation
		At 1 January 2024	2,151,836	2,151,836

		Revaluation	32,891,436	32,891,436

		At 31 December 2024	35,043,272	35,043,272
		Provisions/Impairment





		Net book values
		At 31 December 2024	35,043,272	35,043,272
		At 31 December 2023	2,151,836	2,151,836

5	Debtors
			2024	2023
			£	£
		Trade debtors	90,000	-
		Amounts owed by group undertakings	9,479,060	8,420,128


		VAT recoverable	154,000	-



			9,723,060	8,420,128

6	Creditors:
		amounts falling due within one year
			2024	2023
			£	£




		Trade creditors	224,000	-





			224,000	-

7	Creditors:
		amounts falling due after more than one year
			2024	2023
			£	£





		Amounts owed to group undertakings	2,557,505	1,657,931
		Other creditors	279,723	311,272

			2,837,228	1,969,203

Share Capital

Ordinary Share Capital: Issued and fully paid – £2

9	Reserves
			Investment revaluation	Total other reserves
			£	£





		Movement on investment revaluation	32,891,436	32,891,436


		At 31 December 2024	32,891,436	32,891,436

		Investment revaluation - reflects the revaluation of the investment portfolio.

		Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.
		Profit and loss account - includes all current and prior period retained profits and losses.