Pedol Investments Limited


Directors	A R Evans
	L H Evans
	T Evans


Registered Address	74 High Street
	Fishguard
	SA65 9AU


Registered Number	10132874 (England and Wales)

Balance Sheet as at
30 September 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		3,889,548		3,963,919
			3,889,548		3,963,919
Current assets
Debtors	4	3,700		3,700
Cash at bank and on hand		23,327		235
		27,027		3,935
Creditors amounts falling due within one year	5	(125,825)		(97,175)
Net current assets (liabilities)			(98,798)		(93,240)
Total assets less current liabilities			3,790,750		3,870,679
Creditors amounts falling due after one year	6		(3,619,127)		(3,695,856)
Provisions for liabilities	7		(122,070)		(124,233)
Net assets			49,553		50,590
Capital and reserves
Called up share capital			400		400
Profit and loss account			49,153		50,190
Shareholders' funds			49,553		50,590

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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 11 June 2026, and are signed on its behalf by:

A R Evans
Director
Registered Company No. 10132874

Pedol Investments Limited

Notes to the Financial Statements
for the year ended 30 September 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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	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).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on buildings at 2% on the straight line basis and on other tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	15

2.	Average number of employees
	There were no employees during the years ended 30 September 2025 or 30 September 2024.


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 October 24	4,442,002
	At 30 September 25	4,442,002
	Depreciation and impairment
	At 01 October 24	478,083
	Charge for year	74,371
	At 30 September 25	552,455
	Net book value
	At 30 September 25	3,889,548
	At 30 September 24	3,963,919

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by group undertakings	3,700	3,700
Total	3,700	3,700

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	73,000	62,000
Taxation and social security	44,692	31,324
Other creditors	7,509	3,302
Accrued liabilities and deferred income	624	549
Total	125,825	97,175


	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.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	2,071,375	2,153,861
Amounts owed to related parties	1,547,752	1,541,995
Total	3,619,127	3,695,856


	The commercial mortgage is secured on the freehold property of the company. The loan from Nantcwmrhys Limited is unsecured and interest free and will not be repaid until all other liabilities of the company have been repaid.

7.	Provisions for liabilities
	The increase in the deferred tax charge for the year is a result of accelerated capital allowances, £4,823 (2024 - £4,823).

	2025	2024
	£	£
Net deferred tax liability (asset)	122,070	124,233
Total	122,070	124,233

8.	Related party transactions
	Under a commercial lease rent is paid by Nantcwmrhys Limited, a company under common control, amounting to £300,000 (2024 - £300,000).

9.	Controlling party
	The ultimate controlling parties are Mr and Mrs L H Evans by virtue of their 66.67% shareholding in the holding company Pedol Investments (Holdings) Limited.

10.	Parent-subsidiary relationships
	The company became a wholly owned subsidiary following the purchase of all the share capital by Pedol Investments (Holdings) Limited on 2 June 2023.