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Registered number: 13026172
P Mech Ltd
Financial Statements
For the Period 16 November 2020 to 30 November 2021
Kenwright Accountants Ltd

Unit A15 Arrowe Brook Road
Wirral
CH49 0AB
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13026172
30 November 2021
Notes £ £
CURRENT ASSETS
Debtors 3 3,594
Cash at bank and in hand 18,602
22,196
Creditors: Amounts Falling Due Within One Year 4 (2,549 )
NET CURRENT ASSETS (LIABILITIES) 19,647
TOTAL ASSETS LESS CURRENT LIABILITIES 19,647
NET ASSETS 19,647
Profit and Loss Account 19,647
SHAREHOLDERS' FUNDS 19,647
Page 1
Page 2
For the period ending 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr David Connor
Director
12th July 2022
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Financial Statements
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2. Average Number of Employees
Average number of employees, including directors, during the year was as follows: 2
2
3. Debtors
30 November 2021
£
Due within one year
VAT 378
Other taxes and social security 3,216
3,594
Page 3
Page 4
4. Creditors: Amounts Falling Due Within One Year
30 November 2021
£
Trade creditors 149
Accruals and deferred income 2,400
2,549
5. General Information
P Mech Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13026172 . The registered office is A10 & A10a Admin Block Champions Business Park, Arrowebrook Road, Upton, Merseyside, CH49 0AB.
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