| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 28th February 2025 |
| for |
| PGMP LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 28th February 2025 |
| for |
| PGMP LIMITED |
| PGMP LIMITED (REGISTERED NUMBER: 08137817) |
| Contents of the Financial Statements |
| for the Year Ended 28th February 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| PGMP LIMITED |
| Company Information |
| for the Year Ended 28th February 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| 38 Salisbury Road |
| Worthing |
| West Sussex |
| BN11 1RD |
| PGMP LIMITED (REGISTERED NUMBER: 08137817) |
| Balance Sheet |
| 28th February 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Capital redemption reserve |
| Fair value reserve | 10 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| PGMP LIMITED (REGISTERED NUMBER: 08137817) |
| Balance Sheet - continued |
| 28th February 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| PGMP LIMITED (REGISTERED NUMBER: 08137817) |
| Notes to the Financial Statements |
| for the Year Ended 28th February 2025 |
| 1. | STATUTORY INFORMATION |
| PGMP Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the fair value reserve. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1st March 2024 |
| and 28th February 2025 |
| NET BOOK VALUE |
| At 28th February 2025 |
| At 29th February 2024 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1st March 2024 |
| Additions |
| At 28th February 2025 |
| NET BOOK VALUE |
| At 28th February 2025 |
| At 29th February 2024 |
| PGMP LIMITED (REGISTERED NUMBER: 08137817) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2025 |
| 5. | INVESTMENT PROPERTY - continued |
| Fair value at 28th February 2025 is represented by: |
| £ |
| Valuation in 2023 | 731,966 |
| Cost | 1,886,613 |
| 2,618,579 |
| If the investment property had not been revalued it would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 1,649,229 | 1,649,229 |
| Investment property was valued on an open market basis on 28th February 2025 by the directors . |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans & overdrafts |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Amounts owed to group undertakings |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| The bank loan is secured by a charge over the investment property. |
| PGMP LIMITED (REGISTERED NUMBER: 08137817) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2025 |
| 10. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1st March 2024 |
| and 28th February 2025 |