REGISTERED NUMBER: 13245495 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

PMW Property Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P M Wrigley

Mr M M Wrigley

Ms V H Wrigley

SECRETARY:

Mr M M Wrigley

REGISTERED OFFICE:

Stirling Business Park

Unit 2

Derby Road

Ashbourne

Derbyshire

DE6 1LZ

REGISTERED NUMBER:

13245495 (England and Wales)

ACCOUNTANTS:

Franklins

18 St Christopher's Way

Pride Park

Derby

Derbyshire

DE24 8JY

FIXED ASSETS

Investment property

4

18,226,200

18,556,200

CURRENT ASSETS

Debtors

5

1,288,755

4,826,263

Cash at bank

1,264

5,489

1,290,019

4,831,752

CREDITORS

Amounts falling due within one year

6

3,630,438

16,074,487

NET CURRENT LIABILITIES

(2,340,419

)

(11,242,735

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,885,781

7,313,465

CREDITORS

Amounts falling due after more than one year

7

12,719,959

-

NET ASSETS

3,165,822

7,313,465

CAPITAL AND RESERVES

Called up share capital

8

6,005,658

10,558,458

Non-distributable reserve

(4,000,800

)

(4,000,800

)

Retained earnings

1,160,964

755,807

SHAREHOLDERS' FUNDS

3,165,822

7,313,465

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 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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

Mr P M Wrigley - Director

Mr M M Wrigley - Director

Ms V H Wrigley - Director

1.	STATUTORY INFORMATION

PMW Property Investments 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is the fair value of the rents received in the period.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

18,556,200

Disposals

(330,000

)

At 31 March 2025

18,226,200

NET BOOK VALUE

At 31 March 2025

18,226,200

At 31 March 2024

18,556,200

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

18,226,200

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

22,227,000

22,557,000

Investment property was valued on an open market basis on 31 March 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

35,341

265,650

Other debtors

1,221,498

4,552,800

Prepayments

31,916

7,813

1,288,755

4,826,263

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

720,182

11,778,760

Trade creditors

63,300

24,723

Tax

135,053

171,325

VAT

54,290

95,534

Other creditors

370,257

1,766,069

Directors' current accounts

1,349,282

1,156,975

Accruals and deferred income

938,074

1,081,101

3,630,438

16,074,487

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

12,719,959

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

6,005,658

Ordinary

1

6,005,658

10,558,458

9.	RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided to companies with common directors and under common control amounted to £1,221,498 (2024: £4,552,800).

The balance outstanding on interest free loans provided from companies with common directors and under common control amounted to £Nil (2024: £1,392,617).

The balance outstanding on interest free loans provided from companies with common directors amounted to £211,423 (2024: £211,423).