PTG Holdings Ltd - Period Ending 2022-03-31

PTG Holdings Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 5

PTG Holdings Ltd

Company Information

Director

Mr D H Rowe

Company secretary

Mrs V A Rowe

Registered office

6 Houndiscombe Road Plymouth Devon PL4 6HH

Accountants

Houndiscombe Consultants Limited T/A Condy Mathias Chartered Accountants 3 Atlas House West Devon Business Park Tavistock Devon PL19 9DP

PTG Holdings Ltd

(Registration number: 06607646)
Balance Sheet as at 31 March 2022

	Note	2022 £	2021 £
Fixed assets
Investments	4	100	100
Current assets
Debtors	5	83,211	83,211
Creditors: Amounts falling due within one year		(888)	(888)
Net current assets		82,323	82,323
Net assets		82,423	82,423
Capital and reserves
Called up share capital		100	100
Profit and loss account		82,323	82,323
Shareholders' funds		82,423	82,423

For the financial year ending 31 March 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's 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 director acknowledges his 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 22 November 2022
 

......................................... Mr D H Rowe Director

PTG Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2022

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:
6 Houndiscombe Road
Plymouth
Devon
PL4 6HH
United Kingdom

The principal place of business is:
Concept House
Eastern Wood Road
Langage Industrial Estate
Plympton
Plymouth
PL7 5ET

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2021 - 1).

PTG Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2022

4	Investments

	2022 £	2021 £
Investments in subsidiaries	100	100

Subsidiaries	£
Cost or valuation
At 1 April 2021	100
At 31 March 2022	100
Provision
At 1 April 2021	-
At 31 March 2022	-
Carrying amount
At 31 March 2022	100
At 31 March 2021	100

PTG Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2022

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Registered office	Holding	Proportion of voting rights and shares held
			2022	2021
Subsidiary undertakings
P.T.G. Precision Engineers Ltd	6 Houndiscombe Road, Plymouth, United Kingdom, PL4 6HH England & Wales	Ordinary shares	100%	100%

Subsidiary undertakings

P.T.G. Precision Engineers Ltd The principal activity of P.T.G. Precision Engineers Ltd is engineering services.

5

Debtors

	Note	2022 £	2021 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest		83,211	83,211
		83,211	83,211

6	Parent and ultimate parent undertaking

The company's immediate parent is Applied Automation (Holdings) Ltd, incorporated in England & Wales.

 The ultimate parent is David Rowe, incorporated in .

 The most senior parent entity producing publicly available financial statements is Applied Automation (Holdings) Ltd. These financial statements are available upon request from 6 Houndiscombe Road, Plymouth, Devon, PL4 6HH, United Kingdom