REGISTERED NUMBER: 13259028 (England and Wales)

PGR Aviation Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Income Statement

2

Abridged Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

P Green

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

13259028 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Starling Bank

3rd Floor

2 Finsbury Avenue

London

EC2M 2PP

TURNOVER

4

21,457

65,564

Cost of sales

-

1,741

GROSS PROFIT

21,457

63,823

Administrative expenses

8,811

35,908

OPERATING PROFIT

6

12,646

27,915

Interest payable and similar expenses

7

-

27

PROFIT BEFORE TAXATION

12,646

27,888

Tax on profit

8

2,404

5,414

PROFIT FOR THE FINANCIAL YEAR

10,242

22,474

FIXED ASSETS

Tangible assets

10

9

307

CURRENT ASSETS

Debtors

6,000

8,429

Cash at bank

14,000

34,218

20,000

42,647

CREDITORS

Amounts falling due within one year

19,842

24,973

NET CURRENT ASSETS

158

17,674

TOTAL ASSETS LESS CURRENT LIABILITIES

167

17,981

PROVISIONS FOR LIABILITIES

11

2

58

NET ASSETS

165

17,923

CAPITAL AND RESERVES

Called up share capital

12

1

1

Retained earnings

164

17,922

SHAREHOLDERS' FUNDS

165

17,923

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

The financial statements were approved by the director and authorised for issue on 26 November 2025 and were signed by:

P Green - Director

1.	STATUTORY INFORMATION

PGR Aviation Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared in accordance with applicable accounting standards and estimation techniques.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost and Straight line over 7 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

4.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

5.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

31.3.25

31.3.24

£

£

Director's remuneration

-

10,920

6.	OPERATING PROFIT

The operating profit is stated after charging:

31.3.25

31.3.24

£

£

Depreciation - owned assets

298

299

7.

INTEREST PAYABLE AND SIMILAR EXPENSES

31.3.25

31.3.24

£

£

Interest paid on Corporation

Tax

-

27

-

27

8.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.3.25

31.3.24

£

£

Current tax:

UK corporation tax

2,460

5,356

Deferred tax

(56

)

58

Tax on profit

2,404

5,414

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

31.3.25

31.3.24

£

£

Profit before tax

12,646

27,888

Profit multiplied by the standard rate of corporation tax in the UK of 19% (2024 - 19%)

2,403

5,299

Effects of:

Expenses not deductible for tax purposes

-

57

Depreciation in excess of capital allowances

1

58

Total tax charge

2,404

5,414

9.

DIVIDENDS

31.3.25

31.3.24

£

£

'A' Ordinary share of £1

Interim

28,000

27,500

10.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

905

DEPRECIATION

At 1 April 2024

598

Charge for year

298

At 31 March 2025

896

NET BOOK VALUE

At 31 March 2025

9

At 31 March 2024

307

11.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

2

58

Deferred

tax

£

Balance at 1 April 2024

58

Credit to Income Statement during year

(56

)

Balance at 31 March 2025

2

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

'A' Ordinary

£1

1

1

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P Green.

The above shareholder controlled the company during the current period by virtue of the fact that they own all of the issued share capital of the company.