Acorah Software Products - Accounts Production 19.1.200 false true 30 June 2024 1 July 2023 false 1 July 2024 30 June 2025 30 June 2025 11409448 Mr Paul Moody Mr Mark Legg Mrs Chloe Legg iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11409448 2024-06-30 11409448 2025-06-30 11409448 2024-07-01 2025-06-30 11409448 frs-core:CurrentFinancialInstruments 2025-06-30 11409448 frs-core:Non-currentFinancialInstruments 2025-06-30 11409448 frs-core:ShareCapital 2025-06-30 11409448 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30 11409448 frs-bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 11409448 frs-bus:FilletedAccounts 2024-07-01 2025-06-30 11409448 frs-bus:SmallEntities 2024-07-01 2025-06-30 11409448 frs-bus:AuditExempt-NoAccountantsReport 2024-07-01 2025-06-30 11409448 frs-bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 11409448 frs-bus:Director1 2024-07-01 2025-06-30 11409448 frs-bus:Director2 2024-07-01 2025-06-30 11409448 frs-bus:CompanySecretary1 2024-07-01 2025-06-30 11409448 frs-countries:EnglandWales 2024-07-01 2025-06-30 11409448 2023-06-30 11409448 2024-06-30 11409448 2023-07-01 2024-06-30 11409448 frs-core:CurrentFinancialInstruments 2024-06-30 11409448 frs-core:Non-currentFinancialInstruments 2024-06-30 11409448 frs-core:ShareCapital 2024-06-30 11409448 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30
Registered number: 11409448
Pmg Investments Group Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
THL Accountancy Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11409448
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 690,000 474,834
690,000 474,834
CURRENT ASSETS
Debtors 5 460 460
Cash at bank and in hand 973 10,103
1,433 10,563
Creditors: Amounts Falling Due Within One Year 6 (156,895 ) (107,005 )
NET CURRENT ASSETS (LIABILITIES) (155,462 ) (96,442 )
TOTAL ASSETS LESS CURRENT LIABILITIES 534,538 378,392
Creditors: Amounts Falling Due After More Than One Year 7 (392,714 ) (394,013 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (40,882 ) -
NET ASSETS/(LIABILITIES) 100,942 (15,621 )
CAPITAL AND RESERVES
Called up share capital 8 10 10
Profit and Loss Account 100,932 (15,631 )
SHAREHOLDERS' FUNDS 100,942 (15,621)
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Page 2
For the year ending 30 June 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mark Legg
Director
27/04/2026
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Pmg Investments Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11409448 . The registered office is 14 Fairways Business Centre, Airport Service Road, Portsmouth, United Kingdom, PO3 5NU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, added tax and other sales taxes.
Turnover represent the value of goods and services provided excluding value added tax.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
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4. Investment Property
2025
£
Fair Value
As at 1 July 2024 474,834
Revaluations 215,166
As at 30 June 2025 690,000
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 460 460
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 1,276 1,200
Other creditors 155,619 105,805
156,895 107,005
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 392,714 394,013
8. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 10 10
Amount of Allotted, Called Up Share Capital 10 10
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