PBLSUK Ltd


Directors	Giles David Moss
	Joanne Moss


Registered Address	The Stables
	Church Walk
	Daventry
	NN11 4BL


Registered Number	10475879 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		88		132
			88		132
Current assets
Debtors	4	595		36,896
Cash at bank and on hand		377		868
		972		37,764
Creditors amounts falling due within one year	5	(77,811)		(67,225)
Net current assets (liabilities)			(76,839)		(29,461)
Total assets less current liabilities			(76,751)		(29,329)
Net assets			(76,751)		(29,329)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(76,851)		(29,429)
Shareholders' funds			(76,751)		(29,329)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 21 December 2025, and are signed on its behalf by:

Giles David Moss
Director

Joanne Moss
Director

Registered Company No. 10475879

PBLSUK Ltd

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The financial statements have been prepared on a going concern basis. At the reporting date the company had negative reserves of £76,851. However, the directors have confirmed that they will continue to provide financial support to the company for at least 12 months from the date of approval of these financial statements. At the year end, the company owed £75,888 to the directors, which demonstrates their ongoing commitment. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

Going concern

The financial statements have been prepared on a going concern basis. At the reporting date the company had negative reserves of £76,851. However, the directors have confirmed that they will continue to provide financial support to the company for at least 12 months from the date of approval of these financial statements. At the year end, the company owed £75,888 to the directors, which demonstrates their ongoing commitment. On this basis, the directors consider it appropriate to prepare the financial statements on a going concern basis.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Office Equipment	33

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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 instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment. Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment.

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 instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit and loss. All other investments are subsequently measured at cost less impairment.

Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. 

	Related parties
	For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 24	2,018	2,018
At 31 March 25	2,018	2,018
Depreciation and impairment
At 01 April 24	1,886	1,886
Charge for year	44	44
At 31 March 25	1,930	1,930
Net book value
At 31 March 25	88	88
At 31 March 24	132	132

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	595	36,896
Total	595	36,896

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	673	513
Other creditors	75,888	65,462
Accrued liabilities and deferred income	1,250	1,250
Total	77,811	67,225

6.	Related party transactions
	Within other debtors there was an advance made to PBL Solutions Ltd (a non-UK registered company). Mr G Moss is also a Director of PBL Solutions Ltd. The advance was unsecured and subject to an interest charge of 10% pa. The advance was repayable on demand. The balance outstanding at 31st March 2024 amounted to £35,725. The Directors consider that this loan is now irrecoverable, an impairment loss of £35,725 is recognised in this years accounts.

Related party transactions

Within other debtors there was an advance made to PBL Solutions Ltd (a non-UK registered company). Mr G Moss is also a Director of PBL Solutions Ltd. The advance was unsecured and subject to an interest charge of 10% pa. The advance was repayable on demand. The balance outstanding at 31st March 2024 amounted to £35,725.  The Directors consider that this loan is now irrecoverable, an impairment loss of £35,725 is recognised in this years accounts.