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Registration number: 15537707

Pygmalion Investments Ltd Unaudited Financial Statements for the Period from 3 March 2024 to 31 March 2025
Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Pygmalion Investments Ltd

Contents

Company Information | 1
Statement of Financial Position | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Pygmalion Investments Ltd

Company Information

Director | C S J Beauvilain

Registered office | 130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants | Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Pygmalion Investments Ltd

Statement of Financial Position as at 31 March 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 4 | 59,250
Current assets |  |
Debtors | 5 | 1,099,391
Cash at bank and in hand |  | 8,018
|  | 1,107,409
Creditors: Amounts falling due within one year | 6 | (1,059,200)
Net current assets |  | 48,209
Total assets less current liabilities |  | 107,459
Creditors: Amounts falling due after more than one year | 6 | (50,793)
Provisions for liabilities |  | (2,340)
Net assets |  | 54,326
Capital and reserves |  |
Called up share capital |  | 100
Retained earnings |  | 54,226
Shareholders' funds |  | 54,326

For the financial period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The director of Pygmalion Investments Ltd has elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the director on 7 October 2025

Pygmalion Investments Ltd

Statement of Financial Position as at 31 March 2025

......................................... C S J Beauvilain Director |  |

Pygmalion Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 3 March 2024 to 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the provision of management consultancy services and financial management.

2 | Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit for the period ended 31 March 2025 and had net assets of £54,326 at that date. The company has continued to trade profitably subsequent to 31 March 2025.
On the basis of the above, and after making enquiries, the director has a reasonable expectation that the company has access to adequate resources and sufficient working capital to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, rebates and discounts.
The company recognises revenue for services provided over the period in which the services are provided.

Pygmalion Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 3 March 2024 to 31 March 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor Vehicles | 3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Pygmalion Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 3 March 2024 to 31 March 2025

Finance leases and hire purchase

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Statement of Financial Position as a finance lease obligation.
Lease payments are apportioned between finance costs in the Income Statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
Assets held under hire purchase contracts are capitalised at the lesser of fair value or present value of minimum lease payments in the statement of financial position. The present value of the minimum lease payments is calculated using the interest rate implicit in the lease. A corresponding liability is recognised at the same value in the statement of financial position. The asset is then depreciated over its useful life.
The minimum lease payments are apportioned between the finance charge recognised in the income statement and the reduction of the outstanding liability using the effective interest method. The finance charge in each period is allocated so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company during the period, was 0.

4 | Tangible assets

| Motor vehicles £
Cost or valuation
Additions | 62,235
At 31 March 2025 | 62,235
Depreciation
Charge for the period | 2,985
At 31 March 2025 | 2,985
Carrying amount
At 31 March 2025 | 59,250

Pygmalion Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 3 March 2024 to 31 March 2025

5 | Debtors

| 2025 £
Other debtors | 1,091,990
Prepayments | 2,361
Accrued income | 5,040
| 1,099,391

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Loans and borrowings | 7 | 8,137
Trade creditors |  | 643,503
Taxation and social security |  | 10,842
Accruals and deferred income |  | 249,375
Other creditors |  | 147,343
|  | 1,059,200

Creditors: amounts falling due after more than one year

| Note | 2025 £
Loans and borrowings | 7 | 50,793

7 | Loans and borrowings

Current loans and borrowings

| 2025 £
Hire purchase obligations | 8,137

Non-current loans and borrowings

| 2025 £
Hire purchase obligations | 50,793

Amounts falling due under hire purchase contracts are secured on the assets involved.

Pygmalion Investments Ltd

Notes to the Unaudited Financial Statements for the Period from 3 March 2024 to 31 March 2025

8 | Transactions with the director

At 31 March 2025 an amount of £1,031,885 was due from the director. During the year there were advances of £1,013,008. Interest of £18,878 is payable to the company at 2.25% p.a. and there are no agreed terms.