PA Performance Group Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Statement of Changes in Equity	4
Notes to the Unaudited Financial Statements	5 to 8

PA Performance Group Limited

Company Information

Directors

A O Meredith A F I Meredith C R Meredith P L Meredith R A Meredith

Registered Office

The Old Pump House Bath Road Hardwicke Gloucester GL2 2RG

Registered Number

14556965

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

PA Performance Group Limited

(Registration number: 14556965)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Investments	4	14,010,351	14,010,351
Current assets
Debtors	5	80	80
Cash at bank and in hand		13,693	8,682
		13,773	8,762
Creditors: Amounts falling due within one year	6	(864,389)	(821,354)
Net current liabilities		(850,616)	(812,592)
Total assets less current liabilities		13,159,735	13,197,759
Creditors: Amounts falling due after more than one year	6	(906,768)	(1,768,850)
Net assets		12,252,967	11,428,909
Capital and reserves
Called up share capital		100	100
Other reserves		2,968,627	2,968,627
Retained earnings		9,284,240	8,460,182
Shareholders' funds		12,252,967	11,428,909

PA Performance Group Limited

(Registration number: 14556965)
Balance Sheet as at 31 March 2026

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 July 2026 and signed on its behalf by:
 

......................................... A O Meredith Director

PA Performance Group Limited

Statement of Changes in Equity for the Year Ended 31 March 2026

	Share capital £	Other reserves £	Retained earnings £	Total £
At 1 April 2025	100	2,968,627	8,460,182	11,428,909
Profit for the year	-	-	884,588	884,588
Dividends	-	-	(60,530)	(60,530)
At 31 March 2026	100	2,968,627	9,284,240	12,252,967

 

	Share capital £	Other reserves £	Retained earnings £	Total £
At 1 April 2024	100	2,968,627	7,679,608	10,648,335
Profit for the year	-	-	804,103	804,103
Dividends	-	-	(23,529)	(23,529)
At 31 March 2025	100	2,968,627	8,460,182	11,428,909

PA Performance Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Old Pump House
Bath Road
Hardwicke
Gloucester
GL2 2RG

These financial statements were authorised for issue by the Board on 21 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime). There have been no material departures from the Financial Reporting Standard 102 1A. There have been no material departures from the Financial Reporting Standard 102 1A.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

PA Performance Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in subsidiaries are measured at cost less accumulated impairment. The portion of the investment relating to deferred consideration is recognised at its discounted net present value.

Where merger relief is applicable, the difference between the fair value of the consideration for the shares issued in the acquiring company and the nominal value of these shares is recognised within a merger relief reserve.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2025 - 5).

4	Fixed asset investments

	2026 £	2025 £
Investments in subsidiaries	14,010,351	14,010,351

PA Performance Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026