M&G PFI 2018 GP LLP

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Members consider it appropriate to adopt a going concern basis for the preparation of the financial statements, based on the activities of the LLP and the Partnership. The net assets attributable to the Partners of the Partnership as at 31 December 2024 were EUR838,476,853 (2023: EUR806,630,476). The total comprehensive profit for the year ended 31 December 2024 amounted to EUR81,201,969 (Year Ended 2023: EUR12,896,533). The Partnership has EUR137,964,661 (2023: EUR169,031,698) undrawn commitment from Luxembourg Specialist Investment Funds (2) FCP - M&G Private Equity Opportunities Fund (the 'Limited Partner') which can be drawn with 10 business days' notice to meet any liabilities as they fall due. In the unlikely event that the Limited Partner's unfunded commitment is insufficient to cover the Partnership's obligations as they fall due, under the terms of the Limited Partnership Agreement (the 'LPA'), M&G Alternatives Investment Management Limited has the ability to sell the investments on the secondary market. The Members have a reasonable expectation that the LLP and the Partnership has adequate resources to continue in operation for at least 12 months from the date of approval of the financial statements. In support of this expectation, the Members are unaware of any significant factors likely to affect the LLP and the Partnership in the foreseeable future. Accordingly, the LLP and the Partnership continue to adopt a going concern basis in preparing the financial statements. The cash balance of the Partnership as at 31 December 2024 was EUR8,258,271 (2023: EUR5,601,793) which is deemed sufficient to cover running costs for the next 12 months. The Members are confident the LLP and the Partnership will have sufficient funds to continue to meet their obligations as they fall due for at least 12 months from the date of approval of the financial statements and therefore, have prepared the financial statements on a going concern basis.”

Significant events

• “The Members have evaluated all subsequent transactions and events after 31 December 2024 through to the date on which the financial statements were issued and no additional items require adjustments to, or disclosures in, the financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -100%

  £2,030,137 → £867

• Cash

  —

  Not reported

• Net assets

  +162.1%

  £535 → £1,402

• Employees

  —

  Not reported

• Operating profit

  +140.2%

  £361 → £867

• Profit before tax

  +140.2%

  £361 → £867

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers