REGISTERED NUMBER: 00251722 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2026

FOR

P.N.G. LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs M G Hammond

Mrs J E Sadler

N L Grant

SECRETARY:

Mrs M G Hammond

REGISTERED OFFICE:

Grantham

37 Park Lane

Bewdley

Worcestershire

DY12 2EU

REGISTERED NUMBER:

00251722 (England and Wales)

ACCOUNTANTS:

Crombies Accountants Limited

Chartered Accountants

34 Waterloo Road

Wolverhampton

West Midlands

WV1 4DG

FIXED ASSETS

Investments

4

514,229

415,742

CURRENT ASSETS

Debtors

5

250

194

Cash at bank

34,483

45,506

34,733

45,700

CREDITORS

Amounts falling due within one year

6

6,828

6,124

NET CURRENT ASSETS

27,905

39,576

TOTAL ASSETS LESS CURRENT LIABILITIES

542,134

455,318

PROVISIONS FOR LIABILITIES

94,306

75,593

NET ASSETS

447,828

379,725

CAPITAL AND RESERVES

Called up share capital

8,000

8,000

Fair value reserve

7

367,678

269,191

Retained earnings

7

72,150

102,534

SHAREHOLDERS' FUNDS

447,828

379,725

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 1 September 2026 and were signed on its behalf by:

N L Grant - Director

1.	STATUTORY INFORMATION

P.N.G. 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents investment income received and receivable.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Consolidation

The accounts present information as an individual company and not as a group.

The company and its subsidiary company comprise a small group. The company has therefore taken advantage of the exemptions provided by section 398 of the Companies Act 2006 not to prepare group accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Listed

Unlisted

investments

investments

Totals

£

£

£

COST OR VALUATION

At 6 April 2025

402,455

13,287

415,742

Revaluations

98,487

-

98,487

At 5 April 2026

500,942

13,287

514,229

NET BOOK VALUE

At 5 April 2026

500,942

13,287

514,229

At 5 April 2025

402,455

13,287

415,742

Cost or valuation at 5 April 2026 is represented by:

Listed

Unlisted

investments

investments

Totals

£

£

£

Valuation in 2021

438,280

13,287

451,567

Valuation in 2022

4,597

-

4,597

Valuation in 2024

(13,182

)

-

(13,182

)

Valuation in 2025

(27,240

)

-

(27,240

)

Valuation in 2026

98,487

-

98,487

500,942

13,287

514,229

Listed investments have been valued on an open market basis as at the balance sheet date.

Unlisted investments reflect the cost of the investment in the subsidiary James Turner (Builders) Limited.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amount due from subsidiary company

250

194

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

2,038

2,040

Directors' loan accounts

4,790

4,084

6,828

6,124

7.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 6 April 2025

4,047

269,191

273,238

Profit for the year

118,103

118,103

Dividends

(50,000

)

(50,000

)

Listed Investments

-

98,487

98,487

At 5 April 2026

72,150

367,678

439,828