Company Registration No. 06838294 (England and Wales)
Product Chain Group Limited
Unaudited accounts
for the year ended 30 December 2020
Product Chain Group Limited
Unaudited accounts
Contents
Product Chain Group Limited
Company Information
for the year ended 30 December 2020
Directors
S D Esom
Mrs F Esom
Company Number
06838294 (England and Wales)
Registered Office
4 Reading Road
Pangbourne
Berkshire
RG8 7LY
Accountants
Maude Accounting Limited
19 Summer Avenue
East Molesey
Surrey
KT8 9LU
Product Chain Group Limited
Statement of financial position
as at
30 December 2020
Investments
55,000
55,000
Cash at bank and in hand
66
64
Creditors: amounts falling due within one year
(68,313)
(100,074)
Net current liabilities
(53,137)
(99,687)
Net assets/(liabilities)
1,863
(44,687)
Called up share capital
1,000
1,000
Profit and loss account
863
(45,687)
Shareholders' funds
1,863
(44,687)
For the year ending 30 December 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2021 and were signed on its behalf by
Mrs F Esom
Director
Company Registration No. 06838294
Product Chain Group Limited
Notes to the Accounts
for the year ended 30 December 2020
Product Chain Group Limited is a private company, limited by shares, registered in England and Wales, registration number 06838294. The registered office is 4 Reading Road, Pangbourne, Berkshire, RG8 7LY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in subsidiary undertakings have been impaired and are recognised at fair value.
4
Investments
Subsidiary undertakings
Valuation at 31 December 2019
55,000
Valuation at 30 December 2020
55,000
Investments held as fixed assets are shown at cost less provision for impairment
5
Debtors: amounts falling due within one year
2020
2019
Amounts due from group undertakings etc.
15,000
-
6
Creditors: amounts falling due within one year
2020
2019
Amounts owed to group undertakings and other participating interests
66,110
96,829
Loans from directors
1,203
1,203
Product Chain Group Limited
Notes to the Accounts
for the year ended 30 December 2020
7
Average number of employees
During the year the average number of employees was 0 (2019: 0).