ACCOUNTS - Final Accounts preparation

Registered number: 15513979

PELEAN UK LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2025


PELEAN UK LIMITED

CONTENTS

	Page
Balance Sheet	1 - 2
Notes to the Financial Statements	3 - 6


PELEAN UK LIMITED REGISTERED NUMBER:15513979

BALANCE SHEET

AS AT 30 JUNE 2025

		2025
Note		$

Fixed assets
Investments	3		178,632
			178,632
Current assets
Debtors: amounts falling due within one year	4	876,060
Cash at bank and in hand		2,844,311
		3,720,371
Creditors: amounts falling due within one year	5	(157,138)
Net current assets			3,563,233
Total assets less current liabilities			3,741,865
Creditors: amounts falling due after more than one year	6		(4,385,275)

Net (liabilities)/assets			(643,410)

Capital and reserves
Called up share capital			192
Profit and loss account			(643,602)
			(643,410)

Page 1


PELEAN UK LIMITED REGISTERED NUMBER:15513979

BALANCE SHEET (CONTINUED)

AS AT 30 JUNE 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 May 2026.

S W Mcluckie

Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2


PELEAN UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

1.Accounting policies

1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

1.2

Going concern

The director considers that Pelean UK Limited will continue in operational existence for the foreseeable future. The ultimate controlling party, The PIPI Trust, will provide financial support for a period of at least 12 months from the date of signing these financial statements. For this reason, the financial statements have been prepared on the going concern basis.

1.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is AUD.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

1.4

Extra accounting policy

Interest income is recognised in profit or loss over the period to which it relates.

1.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

1.6

Valuation of investments

Investments in subsidiaries are measured at cost.

Page 3


PELEAN UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

1.Accounting policies (continued)

1.7

Debtors

Short-term debtors are measured at transaction price. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost.

1.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

1.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost.

Employees

The average monthly number of employees, including directors, during the period was 1.

Page 4


PELEAN UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

3.	Fixed asset investments

		Investments in subsidiary companies
		$
	Cost or valuation
	Additions	178,632
	At 30 June 2025	178,632

Subsidiary undertakings
The following were subsidiary undertakings of the Company:
Name	Registered office	Holding

Partners in Performance Brazil Rapid and Sustainable Results Limited	Brasil	99%
Partners in Performance (Zambia) Limited	Zambia	100%
Partners in Performance Arabia for Managements Consultancy Services	Saudi Arabia	100%
Partners in Performance Kazakhstan LLP	Kazakhstan	99%
Partners in Performance PNG Pty Ltd	Australia	100%

Debtors

					2025
					$


	Amounts owed by group undertakings	875,100
	Other debtors	960
		876,060

5.	Creditors: Amounts falling due within one year
		2025
		$

	Trade creditors	10,418
	Corporation tax	146,720
		157,138

Page 5


PELEAN UK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2025

6.	Creditors: Amounts falling due after more than one year
		2025
		$

	Amounts owed to group undertakings	4,385,275
		4,385,275

7.	Share capital
		2025
		$

		Allotted, called up and fully paid

		100 Ordinary shares of $1.92 each	192

The company has 100 ordinary shares of £1 each, all of which are fully paid
The issued share capital amounts to $192, translated at the historical exchange rate at the date of issue

8.	Post balance sheet events

There were no adjusting events occuring between the end of reporting period and the date these financial statements were approved.

9.	Controlling party

The Company’s immediate parent undertaking is Magmar Investments Limited, a company registered in the British Virgin Islands.
The Company is ultimately controlled by The PIPI Trust, which exercises control over the Company through its interests in group entities. There is no single corporate ultimate parent company.

Page 6