REGISTERED NUMBER: 05000454 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

PENTAGON PAINT & BODY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

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

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.

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

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 ) .

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

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

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.

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.