IRIS Accounts Production v26.1.10.61 05000454 Board of Directors Board of Directors 1.4.25 31.3.26 31.3.26 false true false false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05000454 2025-03-31 05000454 2026-03-31 05000454 2025-04-01 2026-03-31 05000454 2024-03-31 05000454 2024-04-01 2025-03-31 05000454 2025-03-31 05000454 ns15:EnglandWales 2025-04-01 2026-03-31 05000454 ns14:PoundSterling 2025-04-01 2026-03-31 05000454 ns10:Director1 2025-04-01 2026-03-31 05000454 ns10:Director2 2025-04-01 2026-03-31 05000454 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 05000454 ns10:SmallEntities 2025-04-01 2026-03-31 05000454 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 05000454 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 05000454 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 05000454 ns10:FullAccounts 2025-04-01 2026-03-31 05000454 1 2025-04-01 2026-03-31 05000454 ns10:OrdinaryShareClass1 2025-04-01 2026-03-31 05000454 ns10:RegisteredOffice 2025-04-01 2026-03-31 05000454 ns5:CurrentFinancialInstruments 2026-03-31 05000454 ns5:CurrentFinancialInstruments 2025-03-31 05000454 ns5:Non-currentFinancialInstruments 2026-03-31 05000454 ns5:Non-currentFinancialInstruments 2025-03-31 05000454 ns5:ShareCapital 2026-03-31 05000454 ns5:ShareCapital 2025-03-31 05000454 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 05000454 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 05000454 ns5:NetGoodwill 2025-04-01 2026-03-31 05000454 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 05000454 ns5:PlantMachinery 2025-04-01 2026-03-31 05000454 ns5:NetGoodwill 2025-03-31 05000454 ns5:NetGoodwill 2026-03-31 05000454 ns5:NetGoodwill 2025-03-31 05000454 ns5:PlantMachinery 2025-03-31 05000454 ns5:PlantMachinery 2026-03-31 05000454 ns5:PlantMachinery 2025-03-31 05000454 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-03-31 05000454 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-04-01 2026-03-31 05000454 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2026-03-31 05000454 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-03-31 05000454 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 05000454 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 05000454 ns5:WithinOneYear ns5:HirePurchaseContracts 2026-03-31 05000454 ns5:WithinOneYear ns5:HirePurchaseContracts 2025-03-31 05000454 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2026-03-31 05000454 ns5:HirePurchaseContracts ns5:BetweenOneFiveYears 2025-03-31 05000454 ns5:HirePurchaseContracts 2026-03-31 05000454 ns5:HirePurchaseContracts 2025-03-31 05000454 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2026-03-31 05000454 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2025-03-31 05000454 ns5:WithinOneYear 2026-03-31 05000454 ns5:WithinOneYear 2025-03-31 05000454 ns5:BetweenOneFiveYears 2026-03-31 05000454 ns5:BetweenOneFiveYears 2025-03-31 05000454 ns5:AllPeriods 2026-03-31 05000454 ns5:AllPeriods 2025-03-31 05000454 ns5:DeferredTaxation 2025-03-31 05000454 ns5:DeferredTaxation 2025-04-01 2026-03-31 05000454 ns5:DeferredTaxation 2026-03-31 05000454 ns10:OrdinaryShareClass1 2026-03-31

REGISTERED NUMBER: 05000454 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2026 |

| FOR |

| PENTAGON PAINT & BODY LIMITED |

PENTAGON PAINT & BODY LIMITED (REGISTERED NUMBER: 05000454) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| PENTAGON PAINT & BODY LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2026

| DIRECTORS: | Mr P Smith

| Mr D J Rollo

| REGISTERED OFFICE: | 495 Green Lanes

| London

| N13 4BS

| REGISTERED NUMBER: | 05000454 (England and Wales)

| ACCOUNTANTS: | Avraam Associates Limited

| Chartered Accountants

| 495 Green Lanes

| London

| N13 4BS

PENTAGON PAINT & BODY LIMITED (REGISTERED NUMBER: 05000454) |

BALANCE SHEET

31ST MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 1 |  | 1 |  |

Tangible assets | 5 | 361,104 |  | 574,506 |  |

361,105 |  | 574,507 |  |

CURRENT ASSETS

Debtors | 6 | 1,014,566 |  | 788,315 |  |

Cash at bank and in hand | 35,722 |  | 134,634 |  |

1,050,288 |  | 922,949 |  |

CREDITORS

Amounts falling due within one year | 7 | 904,911 |  | 1,084,262 |  |

NET CURRENT ASSETS/(LIABILITIES) | 145,377 |  | (161,313 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 506,482 |  | 413,194 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 206,360 |  | 327,226 |  |

NET ASSETS | 300,122 |  | 85,968 |  |

CAPITAL AND RESERVES

Called up share capital | 12 | 100 |  | 100 |  |

Retained earnings | 300,022 |  | 85,868 |  |

SHAREHOLDERS' FUNDS | 300,122 |  | 85,968 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PENTAGON PAINT & BODY LIMITED (REGISTERED NUMBER: 05000454) |

BALANCE SHEET - continued

31ST MARCH 2026

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th August 2026 and were signed on its behalf by:

Mr D J Rollo - Director

Mr P Smith - Director

PENTAGON PAINT & BODY LIMITED (REGISTERED NUMBER: 05000454) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

1. | STATUTORY INFORMATION

| Pentagon Paint & Body Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

| Turnover

| Turnover represents net invoiced provision of services, excluding value added tax.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of fifteen years.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 25% on reducing balance, 25% on reducing balance and over period of lease

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 33 (2025 - 34 ) .

PENTAGON PAINT & BODY LIMITED (REGISTERED NUMBER: 05000454) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1st April 2025

| and 31st March 2026 | 527,700 |  |

| AMORTISATION

| At 1st April 2025

| and 31st March 2026 | 527,699 |  |

| NET BOOK VALUE

| At 31st March 2026 | 1 |  |

| At 31st March 2025 | 1 |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1st April 2025 | 1,562,521 |  |

| Disposals | (196,356 | ) |

| At 31st March 2026 | 1,366,165 |  |

| DEPRECIATION

| At 1st April 2025 | 988,015 |  |

| Charge for year | 120,368 |  |

| Eliminated on disposal | (103,322 | ) |

| At 31st March 2026 | 1,005,061 |  |

| NET BOOK VALUE

| At 31st March 2026 | 361,104 |  |

| At 31st March 2025 | 574,506 |  |

PENTAGON PAINT & BODY LIMITED (REGISTERED NUMBER: 05000454) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

5. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| At 1st April 2025 | 720,496 |  |

| Disposals | (196,356 | ) |

| Transfer to ownership | (127,612 | ) |

| At 31st March 2026 | 396,528 |  |

| DEPRECIATION

| At 1st April 2025 | 238,221 |  |

| Charge for year | 86,375 |  |

| Eliminated on disposal | (103,322 | ) |

| Transfer to ownership | (83,870 | ) |

| At 31st March 2026 | 137,404 |  |

| NET BOOK VALUE

| At 31st March 2026 | 259,124 |  |

| At 31st March 2025 | 482,275 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 844,192 |  | 691,264 |  |

| Other debtors | 170,374 |  | 97,051 |  |

1,014,566 |  | 788,315 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Hire purchase contracts (see note 9) | 120,877 |  | 181,748 |  |

| Trade creditors | 372,295 |  | 451,596 |  |

| Taxation and social security | 324,342 |  | 266,804 |  |

| Other creditors | 87,397 |  | 184,114 |  |

904,911 |  | 1,084,262 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Hire purchase contracts (see note 9) | 206,360 |  | 327,226 |  |

PENTAGON PAINT & BODY LIMITED (REGISTERED NUMBER: 05000454) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

9. | LEASING AGREEMENTS

| Minimum lease payments fall due as follows:

| Hire purchase |

| contracts |

2026 | 2025 |

£ | £ |

| Gross obligations repayable:

| Within one year | 144,501 |  | 216,466 |  |

| Between one and five years | 231,832 |  | 376,334 |  |

376,333 |  | 592,800 |  |

| Finance charges repayable:

| Within one year | 23,624 |  | 34,718 |  |

| Between one and five years | 25,472 |  | 49,108 |  |

49,096 |  | 83,826 |  |

| Net obligations repayable:

| Within one year | 120,877 |  | 181,748 |  |

| Between one and five years | 206,360 |  | 327,226 |  |

327,237 |  | 508,974 |  |

| Non-cancellable |

| operating leases |

2026 | 2025 |

£ | £ |

| Within one year | 51,001 |  | 56,411 |  |

| Between one and five years | 13,945 |  | 11,280 |  |

64,946 |  | 67,691 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2026 | 2025 |

£ | £ |

| Hire purchase contracts | 327,237 |  | 508,974 |  |

| The bank has a mortgage debenture incorporating a fixed and floating charge over all the property and undertakings of the company.

PENTAGON PAINT & BODY LIMITED (REGISTERED NUMBER: 05000454) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

11. | DEFERRED TAX

£ |

| Balance at 1st April 2025 | (24,860 | ) |

| Credit to Income Statement during year | (21,362 | ) |

| Balance at 31st March 2026 | (46,222 | ) |

12. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| The Ordinary shares are non redeemable voting shares. They are entitled to receive such dividends as are declared and participate in a distribution of capital on liquidation or otherwise.

13. | RELATED PARTY DISCLOSURES

| Included in debtors is an amount of £1,338 (2025 - £1,338) due from Jetof Limited, the ultimate parent company.

| During the year £300,000 (2025 - £300,000) was paid to Gullwing Securities Limited in rent.

| During the year £171,824 (2025 - £600,000) was paid to Jetof Limited in dividends.

14. | ULTIMATE CONTROLLING PARTY

| The directors are the ultimate controlling party by virtue of their shareholding in Jetof Limited, the ultimate parent company.