Silverfin false 30/04/2023 01/05/2022 30/04/2023 Mr P McIntosh 25/04/2008 18 September 2023 The principal activity of the company is accounting and consulting activities. 06576484 2023-04-30 06576484 bus:Director1 2023-04-30 06576484 2022-04-30 06576484 core:CurrentFinancialInstruments 2023-04-30 06576484 core:CurrentFinancialInstruments 2022-04-30 06576484 core:ShareCapital 2023-04-30 06576484 core:ShareCapital 2022-04-30 06576484 core:CapitalRedemptionReserve 2023-04-30 06576484 core:CapitalRedemptionReserve 2022-04-30 06576484 core:RetainedEarningsAccumulatedLosses 2023-04-30 06576484 core:RetainedEarningsAccumulatedLosses 2022-04-30 06576484 core:OfficeEquipment 2022-04-30 06576484 core:OfficeEquipment 2023-04-30 06576484 bus:OrdinaryShareClass1 2023-04-30 06576484 2022-05-01 2023-04-30 06576484 bus:FullAccounts 2022-05-01 2023-04-30 06576484 bus:SmallEntities 2022-05-01 2023-04-30 06576484 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 06576484 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 06576484 bus:Director1 2022-05-01 2023-04-30 06576484 core:OfficeEquipment 2022-05-01 2023-04-30 06576484 2021-05-01 2022-04-30 06576484 bus:OrdinaryShareClass1 2022-05-01 2023-04-30 06576484 bus:OrdinaryShareClass1 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06576484 (England and Wales)

PVM CONSULTANTS LIMITED

Unaudited Financial Statements
For the financial year ended 30 April 2023
Pages for filing with the registrar

PVM CONSULTANTS LIMITED

Unaudited Financial Statements

For the financial year ended 30 April 2023

Contents

PVM CONSULTANTS LIMITED

BALANCE SHEET

As at 30 April 2023
PVM CONSULTANTS LIMITED

BALANCE SHEET (continued)

As at 30 April 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 1,273 1,470
1,273 1,470
Current assets
Debtors 4 10,250 8,670
Cash at bank and in hand 25,749 38,628
35,999 47,298
Creditors: amounts falling due within one year 5 ( 4,037) ( 5,169)
Net current assets 31,962 42,129
Total assets less current liabilities 33,235 43,599
Net assets 33,235 43,599
Capital and reserves
Called-up share capital 6 50 50
Capital redemption reserve 50 50
Profit and loss account 33,135 43,499
Total shareholders' funds 33,235 43,599

For the financial year ending 30 April 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of PVM Consultants Limited (registered number: 06576484) were approved and authorised for issue by the Director on 18 September 2023. They were signed on its behalf by:

Mr P McIntosh
Director
PVM CONSULTANTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
PVM CONSULTANTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 April 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

PVM Consultants Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Fluid Branding - Unit 31, Esam Carluddon Technology Park, Carluddon, St. Austell, PL26 8WE, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents the amounts receivable, excluding VAT and trade discounts, by the company for services provided during the year.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line, reducing balance basis over its expected useful life, as follows:

Office equipment 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including the director 3 3

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 May 2022 3,239 3,239
Additions 449 449
Disposals ( 1,335) ( 1,335)
At 30 April 2023 2,353 2,353
Accumulated depreciation
At 01 May 2022 1,769 1,769
Charge for the financial year 318 318
Disposals ( 1,007) ( 1,007)
At 30 April 2023 1,080 1,080
Net book value
At 30 April 2023 1,273 1,273
At 30 April 2022 1,470 1,470

4. Debtors

2023 2022
£ £
Trade debtors 7,260 8,170
Other debtors 2,990 500
10,250 8,670

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 682 667
Taxation and social security 2,605 3,457
Other creditors 750 1,045
4,037 5,169

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
50 Ordinary shares of £ 1.00 each 50 50

7. Related party transactions

Transactions with the entity's director

2023 2022
£ £
During the year the Company advanced £14,120 to the Directors (2022- £3,619), of which £12,397 was repaid (2022- £5,955). The balance owed to the company at 31 March 2023 is £2,990. 2,990 445