Pittard Garnar Services Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 00792101

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		4,836,077		4,836,077

			4,836,077		4,836,077
CURRENT ASSETS
Debtors	5	1,481,400		1,481,400

		1,481,400		1,481,400
Creditors: Amounts Falling Due Within One Year	6	(4,892,417 )		(4,892,417 )

NET CURRENT ASSETS (LIABILITIES)			(3,411,017 )		(3,411,017 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,425,060		1,425,060

NET ASSETS			1,425,060		1,425,060

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			1,424,960		1,424,960

SHAREHOLDERS' FUNDS			1,425,060		1,425,060

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 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 Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Reginald Hankey

Director

30 September 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Pittard Garnar Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00792101 . The registered office is Advoco, 14a Albany Road, Granby Industrial Estate, Weymouth, DT4 9TH.

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2023: 8)

4. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 January 2024	4,836,077

As at 31 December 2024	4,836,077

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	4,836,077

As at 1 January 2024	4,836,077

Investments in subsidiaries are recorded initially at cost and then reviewed for impairment on an annual basis. Investments represent subsidiary undertakings as listed: Ethiopia Tannery Share Company, Pittards Products Manufactoring Share Company.

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	1,481,400	-
Due after more than one year
Other debtors	-	1,481,400

	1,481,400	1,481,400

The director's consider the carrying amounts of trade and other receivables approximate to their fair value. Amounts owed by group companies is in respect of outstanding royalty and per diem income from the Company's subsidiary undertakings, Ethiopia Tannery Share Company and Pittards Products Manufacturing Share Company.

There are no repayment terms and the balances are interest free.

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Pittard Garnar Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Amounts owed to group undertakings	230,000	230,000
Other creditors	4,662,417	4,662,417

	4,892,417	4,892,417

The directors consider that the carrying amounts of other payables approximate to their fair value.

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

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