PLMD GROUP LTD

	Page
Company Information	1
Director's Report	2
Accountant's Report	3
Consolidated Profit and Loss Account	4
Consolidated Balance Sheet	5—6
Company Balance Sheet	7—8
Consolidated Statement of Changes in Equity	9
Notes to the Financial Statements	10—14

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PLMD GROUP LTD

Company No. 12808448

Director's Report For The Year Ended 31 December 2024

Director's Report

The director presents his report and the financial statements for the year ended 31 December 2024.

Principal Activity

The group's principal activity continues to be that of Holding Company.

Directors

The director who held office during the year were as follows:

Mr Ajay Kapur

Statement of Director's Responsibilities

The director is responsible for preparing the Director's Report and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the group for that period. In preparing the financial statements the director is required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company and group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

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

On behalf of the board

Mr Ajay Kapur

Director

30/09/2025

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PLMD GROUP LTD

Accountant's Report

For The Year Ended 31 December 2024

Accountant's Report

In accordance with the engagement letter dated , and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 December 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

Signed

AITA LTD

30/09/2025

AITA LTD

837

Cranbrook Road,

Ilford

England

IG6 1JD

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PLMD GROUP LTD

Consolidated Profit and Loss Account

For The Year Ended 31 December 2024

Consolidated Profit and Loss Account

		2024	2023
	Notes	£	£
TURNOVER		2,256,216	1,394,725
Cost of sales		(797,091 )	(91,244 )

GROSS PROFIT		1,459,125	1,303,481

Administrative expenses		(1,415,552 )	(1,160,866 )
Other operating income		18,606	17,498
Fair value gains on investment properties		290,681	-

OPERATING PROFIT		352,860	160,113
Fair value gains on investment properties		-	25,438

PROFIT BEFORE TAXATION		352,860	185,551
Tax on Profit		(269,231 )	(33,557 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT		83,629	151,994

The notes on pages 10 to 14 form part of these financial statements.

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PLMD GROUP LTD

Consolidated Balance Sheet

As At 31 December 2024

Consolidated Balance Sheet

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets			23,356,244		6,893

			23,356,244		22,514,465
CURRENT ASSETS
Debtors	5	1,099,042		1,049,960
Cash at bank and in hand		239,127		39,809

		1,338,169		1,089,769
Creditors: Amounts Falling Due Within One Year	6	(1,715,153 )		(1,297,797 )

NET CURRENT ASSETS (LIABILITIES)			(376,984 )		(208,028 )

TOTAL ASSETS LESS CURRENT LIABILITIES			22,979,260		22,306,437

Creditors: Amounts Falling Due After More Than One Year	7		(16,047,079 )		(16,149,425 )

PROVISIONS FOR LIABILITIES
Provisions For Charges			(362,971 )		(56,525 )
Deferred Taxation			(1,136,916 )		(886,582 )

NET ASSETS			5,432,294		5,213,905

CAPITAL AND RESERVES
Called up share capital	8		1,186,153		1,149,255
Share premium account			941,515		338,679
Revaluation reserve	9		108,451		108,451
Other reserves			(119,268 )		(159,268 )
Fair value reserve	9		3,036,883		3,671,202
Profit and Loss Account			278,560		105,586

SHAREHOLDERS' FUNDS			5,432,294		5,213,905

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PLMD GROUP LTD

Consolidated Balance Sheet (continued)

As At 31 December 2024

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

On behalf of the board

Mr Ajay Kapur

Director

30/09/2025

The notes on pages 10 to 14 form part of these financial statements.

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PLMD GROUP LTD

Company Balance Sheet

As At 31 December 2024

Company Balance Sheet

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		1,125,966		1,125,966

			1,125,966		1,125,966
CURRENT ASSETS
Debtors	5	678,254		41,000
Cash at bank and in hand		189,085		800

		867,339		41,800
Creditors: Amounts Falling Due Within One Year	6	(80,868 )		-

NET CURRENT ASSETS (LIABILITIES)			786,471		41,800

TOTAL ASSETS LESS CURRENT LIABILITIES			1,912,437		1,167,766

Creditors: Amounts Falling Due After More Than One Year	7		(80,000 )		-

PROVISIONS FOR LIABILITIES
Provisions For Charges			(411 )		-

NET ASSETS			1,832,026		1,167,766

CAPITAL AND RESERVES
Called up share capital	8		1,186,153		1,127,766
Share premium account			604,131		-
Other reserves			40,000		40,000
Profit and Loss Account			1,742		-

SHAREHOLDERS' FUNDS			1,832,026		1,167,766

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PLMD GROUP LTD

Company Balance Sheet (continued)

As At 31 December 2024

In accordance with section 408(3) of the Companies Act 2006, the company has not presented its own profit and loss account and the related notes. The company's profit for the year was £ 1,742 (2023: £ profit/(loss)).

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

On behalf of the board

Mr Ajay Kapur

Director

30/09/2025

The notes on pages 10 to 14 form part of these financial statements.

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PLMD GROUP LTD

Consolidated Statement of Changes in Equity

For The Year Ended 31 December 2024

Consolidated Statement of Changes in Equity

	Share Capital	Share Premium	Revaluation reserve	Other reserves
	£	£	£	£
As at 1 January 2023	1,148,255	317,592	108,451	-
Profit for year	-	-	-	-

Other comprehensive income (expense) type A	-	-	-	(159,268)

Other comprehensive income for the year	-	-	-	(159,268 )

Total comprehensive income for the year	-	-	-	(159,268)

Arising on shares issued during the period	1,000	21,087	-	-

As at 31 December 2023 and 1 January 2024	1,149,255	338,679	108,451	(159,268 )


Profit for year	-	-	-	-

Other comprehensive income (expense) type A	-	-	-	-

Other comprehensive income for the year	-	-	-	-

Total comprehensive income for the year	-	-	-	-

Arising on shares issued during the period	58,387	604,131	-	-
Purchase of own shares	-	(1,295 )	-	-
Transfer to/from Fair value reserve	-	-	-	-
Transfer to/from Profit & Loss Account	-	-	-	-

As at 31 December 2024	1,186,153	941,515	108,451	(119,268 )

	Fair value reserve	Profit and Loss Account	Total
	£	£	£
As at 1 January 2023	3,671,202	(86,408 )	5,159,092
Profit for year	-	151,994	151,994

Other comprehensive income (expense) type A	-	40,000	(119,268)

Other comprehensive income for the year	-	40,000	(119,268 )

Total comprehensive income for the year	-	191,994	32,726

Arising on shares issued during the period	-	-	22,087

As at 31 December 2023 and 1 January 2024	3,671,202	105,586	5,213,905


Profit for year	-	83,629	83,629

Other comprehensive income (expense) type A	-	(103,974)	(103,974)

Other comprehensive income for the year	-	(103,974 )	(103,974 )

Total comprehensive income for the year	-	(20,345 )	(20,345)

Arising on shares issued during the period	-	-	662,518
Purchase of own shares	-	-	(1,295)
Transfer to/from Fair value reserve	-	193,319	193,319
Transfer to/from Profit & Loss Account	(634,319 )	-	(634,319)

As at 31 December 2024	3,036,883	278,560	5,432,294

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PLMD GROUP LTD

Notes to the Financial Statements

For The Year Ended 31 December 2024

Notes to the Financial Statements

1. General Information

PLMD GROUP LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12808448 . The registered office is 30 Penny Brookes Street, London, E15 1GP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Basis Of Consolidation

The group consolidated financial statements include the financial statements of the company and all of its subsidiary undertakings together with the group’s share of the results of associates made up to 31 December 2024.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities. Where the group owns less than 50% of the voting powers of an entity but controls the entity by virtue of an agreement with other investors which give it control of the financial and operating policies of the entity, it accounts for that entity as a subsidiary.

Where a subsidiary has different accounting policies to the group, adjustments are made to those subsidiary financial statements to apply the group’s accounting policies when preparing the consolidated financial statements.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the group holds a long-term interest and where the group has significant influence. The group considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate. The results of associates are accounted for using the equity method of accounting.

Any subsidiary undertakings or associates sold or acquired during the year are included up to, or from, the dates of change of control or change of significant influence respectively.

Where control of a subsidiary is lost, the gain or loss is recognised in the consolidated income statement. The cumulative amounts of any exchange differences on translation, recognised in equity, are not included in the gain or loss on disposal and are transferred to retained earnings. The gain or loss also includes amounts included in other comprehensive income that are required to be reclassified to profit or loss but excludes those amounts that are not required to be reclassified.

Where control of a subsidiary is achieved in stages, the initial acquisition that gave the group control is accounted for as a business combination. Thereafter where the group increases its controlling interest in the subsidiary the transaction is treated as a transaction between equity holders. Any difference between the fair value of the consideration paid and the carrying amount of the non-controlling interest acquired is recognised directly in equity. No changes are made to the carrying value of assets, liabilities or provisions for contingent liabilities.

2.3. Business Combinations

Business combinations are accounted for by applying the purchase method.

The cost of a business combination is the fair value of the consideration given, liabilities incurred or assumed and of equity instruments issued plus the costs directly attributable to the business combination. Where control is achieved in stages the cost is the consideration at the date of each transaction.

Contingent consideration is initially recognised at estimated amount where the consideration is probable and can be measured reliably. Where (i) the contingent consideration is not considered probable or cannot be reliably measured but subsequently becomes probable and measurable or (ii) contingent consideration previously measured is adjusted, the amounts are recognised as an adjustment to the cost of the business combination.

On acquisition of a business, fair values are attributed to the identifiable assets, liabilities and contingent liabilities unless the fair value cannot be measured reliably, in which case the value is incorporated in goodwill. Intangible assets are only recognised separately from goodwill where they are separable and arise from contractual or other legal rights. Where the fair value of contingent liabilities cannot be reliably measured they are disclosed on the same basis as other contingent liabilities.

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PLMD GROUP LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.4. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover 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.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20%
Motor Vehicles	20%
Fixtures & Fittings	20%
Computer Equipment	20%

2.6. Investment Properties

Investment property Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

In the opinion of the director, investment property is stated at fair value at the reporting date

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The group's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

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PLMD GROUP LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

3. Average Number of Employees

Group

Average number of employees, including directors, during the year was: 10 (2023: 11)

Company

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Investments

Group

	Subsidiaries	Listed	Total
	£	£	£
Cost
As at 1 January 2024	205	(205 )	-

As at 31 December 2024	205	(205 )	-

Provision
As at 1 January 2024	-	-	-

As at 31 December 2024	-	-	-

Net Book Value
As at 31 December 2024	205	(205 )	-

As at 1 January 2024	205	(205 )	-

Company

	Listed
	£
Cost
As at 1 January 2024	1,125,966

As at 31 December 2024	1,125,966

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	1,125,966

As at 1 January 2024	1,125,966

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PLMD GROUP LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	Group		Company
	2024	2023	2024	2023
	£	£	£	£
Due within one year
Trade debtors	103,677	985,359	-	-
Amounts owed by group undertakings	677,254	-	677,254	40,000
Amounts owed by participating interests	220,897	-	-	-
Other debtors	97,214	64,601	1,000	1,000

	1,099,042	1,049,960	678,254	41,000

6. Creditors: Amounts Falling Due Within One Year

	Group		Company
	2024	2023	2024	2023
	£	£	£	£
Trade creditors	-	1,078,173	-	-
Bank loans and overdrafts	207,014	151,489	-	-
Amounts owed to group undertakings	80,868	84	80,868	-
Amounts owed to participating interests	942,236	-	-	-
Other creditors	485,035	-	-	-
Taxation and social security	-	68,051	-	-

	1,715,153	1,297,797	80,868	-

7. Creditors: Amounts Falling Due After More Than One Year

	Group		Company
	2024	2023	2024	2023
	£	£	£	£
Bank loans	15,178,502	14,599,834	-	-
Other loans	20,000	-	20,000	-
Other creditors	848,577	1,272,607	60,000	-
Taxation and social security	-	276,984	-	-

	16,047,079	16,149,425	80,000	-

8. Share Capital

	2024	2023
	£	£
Called Up Share Capital not Paid	1,000	1,000
Called Up Share Capital has been paid up	1,185,153	1,148,255

Amount of Allotted, Called Up Share Capital	1,186,153	1,149,255

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PLMD GROUP LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Reserves

Group

	Revaluation Reserve	Fair Value Reserve
	£	£
As at 1 January 2024	108,451	3,671,202
Transfer to profit and loss	-	(634,319 )

As at 31 December 2024	108,451	3,036,883

10. Related Party Transactions

At the balance sheet date, the group owed £848,577 to Mr Ajay Kapur, the director.

Mr. Ajay Kapur

Director

Loan of £848,577

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Director	Mr Ajay Kapur

Company Number	12808448

Registered Office	30 Penny Brookes Street
	London
	E15 1GP

Business	30 Penny Brookes Street
	London
	E15 1GP

Accountants	AITA LTD
	837
	Cranbrook Road,
	Ilford
	England
	IG6 1JD