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Company Registration No. 13279531 (England and Wales)
Pgb 2021 Ltd Unaudited accounts for the year ended 31 March 2025
Pgb 2021 Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Pgb 2021 Ltd Company Information for the year ended 31 March 2025
Director
ABEL MATE GALLASZ
Company Number
13279531 (England and Wales)
Registered Office
41 St. James's Place London SW1A 1NS England
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Pgb 2021 Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
11,937 
11,320 
Current assets
Inventories
31,785 
31,785 
Debtors
5
14,106 
15,171 
Cash at bank and in hand
6,038 
279 
51,929 
47,235 
Creditors: amounts falling due within one year
6
(127,186)
(107,119)
Net current liabilities
(75,257)
(59,884)
Net liabilities
(63,320)
(48,564)
Capital and reserves
Called up share capital
113 
113 
Share premium
119,987 
119,987 
Profit and loss account
(183,420)
(168,664)
Shareholders' funds
(63,320)
(48,564)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 December 2025 and were signed on its behalf by
ABEL MATE GALLASZ Director Company Registration No. 13279531
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Pgb 2021 Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Pgb 2021 Ltd is a private company, limited by shares, registered in England and Wales, registration number 13279531. The registered office is 41 St. James's Place, London, SW1A 1NS, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% on reducing balance
Fixtures & fittings
15% on reducing balance
Computer equipment
33% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The accounts have been prepared on a going concern basis which assumes that the company will continue to receive adequate financial assistance from Directors, Bankers and other creditors.
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Pgb 2021 Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2024
9,295 
6,550 
771 
16,616 
Additions
1,600 
1,200 
- 
2,800 
At 31 March 2025
10,895 
7,750 
771 
19,416 
Depreciation
At 1 April 2024
2,891 
1,806 
599 
5,296 
Charge for the year
1,201 
926 
56 
2,183 
At 31 March 2025
4,092 
2,732 
655 
7,479 
Net book value
At 31 March 2025
6,803 
5,018 
116 
11,937 
At 31 March 2024
6,404 
4,744 
172 
11,320 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
640 
865 
Trade debtors
- 
7,806 
Other debtors
- 
6,500 
640 
15,171 
Amounts falling due after more than one year
Trade debtors
6,966 
- 
Other debtors
6,500 
- 
13,466 
- 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
22 
VAT
3,025 
- 
Trade creditors
2,711 
9,842 
Taxes and social security
186 
(4,846)
Other creditors
23,837 
13,994 
Loans from directors
92,842 
83,522 
Accruals
4,585 
4,585 
127,186 
107,119 
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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