Company Registration No. 14095430 (England and Wales)
PKRG LTD
Financial statements
for the year ended 31 May 2026
PKRG LTD
Financial statements
Contents
PKRG LTD
Company Information
for the year ended 31 May 2026
Company Number
14095430 (England and Wales)
Registered Office
52 EGREMONT DRIVE
LOWER EARLY
READING
RG6 3BS
United Kingdom
Accountants
Gladstone & Co. Accountants
Gladstone House, 1A Central Park Road
East Ham
London
E6 3DZ
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of PKRG LTD (The Company) for the year ended 31 May 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 May 2026 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated 6 January 2024. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 May 2026.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Gladstone & Co. Accountants
Financial Accountants
Gladstone House, 1A Central Park Road
East Ham
London
E6 3DZ
5 July 2026
PKRG LTD
Statement of financial position
as at 31 May 2026
Investment property
545,749
545,749
Cash at bank and in hand
83
128
Creditors: amounts falling due within one year
(14,158)
(20,156)
Net current liabilities
(5,914)
(14,185)
Total assets less current liabilities
539,835
531,564
Creditors: amounts falling due after more than one year
(574,530)
(556,378)
Net liabilities
(34,695)
(24,814)
Called up share capital
100
100
Profit and loss account
(34,795)
(24,914)
Shareholders' funds
(34,695)
(24,814)
For the year ending 31 May 2026 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 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 of Directors and authorised for issue on 5 July 2026 and were signed on its behalf by
P Kolli
Director
Company Registration No. 14095430
PKRG LTD
Notes to the Accounts
for the year ended 31 May 2026
PKRG LTD is a private company, limited by shares, registered in England and Wales, registration number 14095430. The registered office is 52 EGREMONT DRIVE, LOWER EARLY, READING, RG6 3BS, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 June 2025
545,749
Investment property, which is property held to earn rentals and/or capital appreciation, is initially recognised at cost, which
includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting
end date. Changes in fair value are recognised in the profit and loss account.
Amounts falling due within one year
Deferred tax asset
8,161
5,843
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
12,898
12,898
Loans from directors
(40)
5,858
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
287,763
287,763
Other creditors
286,767
268,615
PKRG LTD
Notes to the Accounts
for the year ended 31 May 2026
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
1,949
-
949
1,000
Directors Loan Account
3,909
-
4,869
(960)
During the year directors repaid loans and outstanding balance as at the balance sheet date amounted to £40 (2025: £5,858) payable to the company. There are no formal terms attached to the director loans and no interest charged during the year.
10
Transactions with related parties
At the balance sheet date, the company owes £286,767 (2025: £268,615) to a connected party. There are no formal terms attached to the loan and interest of £18,152 (2025: £13,101) was charged at the market rate.
11
Average number of employees
During the year the average number of employees was 0 (2025: 0).