PGE II (EG) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 9782042

PGE II (EG) Limited

Filleted Unaudited Financial Statements

For the year ended

31 March 2025

PGE II (EG) Limited

Financial Statements

Year ended 31 March 2025

Contents	Pages

Statement of financial position	1

Notes to the financial statements	2 to 3

PGE II (EG) Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Called up share capital not paid	30	30

Current assets

Debtors	5	46	14

Creditors: amounts falling due within one year	6	13,690	11,575
		--------	--------
Net current liabilities		13,644	11,561
		--------	--------
Total assets less current liabilities		( 13,614)	( 11,531)
		--------	--------
Net liabilities		( 13,614)	( 11,531)
		--------	--------

Capital and reserves

Called up share capital	7	30	30
Profit and loss account		( 13,644)	( 11,561)
		--------	--------
Shareholders deficit		( 13,614)	( 11,531)
		--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

D H Wilson

Director

Company registration number: 9782042

PGE II (EG) Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Office One, 1 Coldbath Square, Farringdon, London, EC1R 5HL, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The financial statements have been prepared on a going concern basis. The Members have assessed the company's ability to continue as a going concern and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing these financial statements.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial assets, which include other debtors, are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Basic financial assets, which include other creditors, are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. At each reporting date the company assesses whether there is objective evidence that any financial asset has been impaired. A provision for impairment is established when there is objective evidence that the company will not be able to collect all amounts due. the amount of the provision is recognised immediately in profit or loss.

4. Average number of employees

During the year the average number of employees was nil (2024: nil).

5. Debtors

	2025	2024
	£	£

Other debtors	46	14
	----	----

6. Creditors: amounts falling due within one year

	2025	2024
	£	£

Other creditors	13,690	11,575
	--------	--------

7. Called up share capital

Issued, called up and fully paid

2025		2024
No.	£	No.	£

Ordinary shares of £ 1 each	30	30	30	30
	----	----	----	----

8. Related party transactions

Included within other creditors is an amount of £11,759 (2024: £9,786) due to Panoramic Growth Equity (Fund Management) LLP, a partnership in which this company's directors are all partners. Included within other creditors is an amount of £17 (2024: £13) in respect of income tax recoverable on interest income that is due to Panoramic Growth Fund 2 LP. Included within other creditors is an amount of £29 (2024: £1) in respect of income tax recoverable on interest income that is due to Panoramic SME Fund 3 LP.