REGISTERED NUMBER: 09475455 (England and Wales)

Financial Statements

for the Year Ended 31st December 2025

for

PMJ Invest Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

5

2,762,368

2,856,531

CURRENT ASSETS

Debtors

6

1,375,197

1,379,132

Cash at bank and in hand

475,528

85,167

1,850,725

1,464,299

CREDITORS

Amounts falling due within one year

7

25,557

25,265

NET CURRENT ASSETS

1,825,168

1,439,034

TOTAL ASSETS LESS CURRENT LIABILITIES

4,587,536

4,295,565

PROVISIONS FOR LIABILITIES

38,554

39,754

NET ASSETS

4,548,982

4,255,811

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

3,725,000

3,725,000

Retained earnings

823,882

530,711

SHAREHOLDERS' FUNDS

4,548,982

4,255,811

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25th September 2026 and were signed on its behalf by:

Mr A de Roos - Director

1.	STATUTORY INFORMATION

PMJ Invest Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09475455

Registered office:

A4G Suite

Nepicar House

London Road

Wrotham Heath

Kent

TN15 7RS

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

2.	STATEMENT OF COMPLIANCE

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 directors are of the opinion that it is the correct accounting treatment to classify the property and land as a freehold fixed assets rather than as investment assets as proposed by FRS 102. This is on the basis of the substance of the transactions rather than the legal form, since the property was not acquired for investment purposes, it was acquired so that the closely connected companies to carry out their trading activities. The closely connected companies still rent the property on commercial terms.

3.	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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Revenue recognition

Turnover in these accounts mainly constitutes rental income from operating leases (net of any incentives given to the lessees). The income is recognised when the right to receive payment is established. Turnover also includes some interest receivable from loans to group companies which is calculated and recognised when the right to receive payment is established.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Straight line over 30 years

Freehold property is accounted for at cost less accumulated depreciation and impairment. Property let to group entities is accounted for as freehold property

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset , with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Freehold

property

Land

Totals

£

£

£

COST

At 1st January 2025

and 31st December 2025

2,824,883

905,000

3,729,883

DEPRECIATION

At 1st January 2025

873,352

-

873,352

Charge for year

94,163

-

94,163

At 31st December 2025

967,515

-

967,515

NET BOOK VALUE

At 31st December 2025

1,857,368

905,000

2,762,368

At 31st December 2024

1,951,531

905,000

2,856,531

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7

38,407

Amounts owed by group undertakings

1,363,507

1,321,753

Prepayments

11,683

18,972

1,375,197

1,379,132

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

VAT

19,197

19,200

Accrued expenses

6,360

6,065

25,557

25,265

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Malcolm Palmer FCA (Senior Statutory Auditor)

for and on behalf of A4G LLP

9.	RELATED PARTY DISCLOSURES

During the year to the 31st December 2025 I can confirm the following activities between PMJ Invest Limited and the group company VTM Quality Services Beheer BV:

At the year-end £3,725,000 remains owing to VTM Quality Services Beheer BV and is disclosed under capital contribution reserves.

During the year PMJ Invest Limited provided services to PMJ Foods UK Limited of £460,800 (gross) for the rental of the land and property owned by the company. The amount charged was valued at market rate and is deemed fair and appropriate. At the end of the year, £38,400 remains unpaid from PMJ Foods UK Limited which is December 2025 rent.

During the year, PMJ Invest Limited made no further loans to PMJ Foods UK Limited. Interest was charged on the outstanding balance totalling £16,624.92. There were no loan repayments during the year, therefore meaning £570,780.85 remains unpaid and owed by PMJ Foods UK Limited at the end of the year.

During the year PMJ Invest Limited made no further loans to VTM Quality Services Beheer BV but interest was charged at 3.5% totalling £26,836.01. There were loan repayments during the year of £1,707.03. At the end of the year, £792,725.60 (2024: £767,596.62) remains unpaid from VTM Quality Services Beheer BV.

10.	ULTIMATE CONTROLLING PARTY

During the period, PMJ Invest Ltd was under the control of the parent company, VTM Quality Services Beheer B.V.

PMJ Invest Ltd is consolidated with the parent company, VTM Quality Services Beheer B.V. VTM Quality Services Beheer B.V. is incorporated and registered in The Netherlands.