REGISTERED NUMBER: 12146712 (England and Wales)

PARTNERSHIPS FOR PROGRESS HOLDINGS

LIMITED

Unaudited Financial Statements

FOR THE PERIOD

1 December 2024 to 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P G Hannah

P Postle

P Max

L S Lincez

REGISTERED OFFICE:

C/o Resource Limited

The Maltings

East Tyndall Street

Cardiff

County of Cardiff

CF24 5EA

REGISTERED NUMBER:

12146712 (England and Wales)

ACCOUNTANTS:

MHA (trading name of MHA Advisory Ltd)

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Investments

4

3

3

CURRENT ASSETS

Debtors

5

2,944,234

2,895,697

Cash at bank

40

90

2,944,274

2,895,787

CREDITORS

Amounts falling due within one year

6

(2,966,498

)

(2,913,762

)

NET CURRENT LIABILITIES

(22,224

)

(17,975

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(22,221

)

(17,972

)

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

(23,221

)

(18,972

)

SHAREHOLDERS' FUNDS

(22,221

)

(17,972

)

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

P Postle - Director

1.	STATUTORY INFORMATION

Partnerships For Progress Holdings 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102 1A.

GOING CONCERN

As at 31 March 2025 there were net current liabilities of £22,224 and net liabilities of £22,221. The directors consider the going concern basis adopted for these financial statements to be appropriate, based upon available continued support.

REPORTING PERIOD

The accounting reference date was shortened from 30 November 2025 to 31 March 2025 for commercial reasons. The period under review covers 4 months and as a result is not entirely comparable with the year ended 30 November 2024.

Preparation of consolidated financial statements

The financial statements contain information about Partnerships For Progress Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 period 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 period was 4 (2024 - 4 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 December 2024

and 31 March 2025

3

NET BOOK VALUE

At 31 March 2025

3

At 30 November 2024

3

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

2,780,272

2,712,085

Other debtors

29

32,629

Called up share capital not paid

1,000

1,000

Amount due from related party

162,933

149,983

2,944,234

2,895,697

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group

undertakings

3

3

Shareholders loan

2,378,717

2,383,517

Accruals and deferred income

587,778

530,242

2,966,498

2,913,762

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Secured loan

2,378,717

2,383,517

The borrowings are secured by way of fixed and floating charges over the assets of the company. The loan is included within other creditors.

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

£1

1,000

1,000