Company Registration No. 11676897 (England and Wales)
PGM FISHMONGERS LIMITED
Unaudited accounts
for the year ended 30 November 2022
PGM FISHMONGERS LIMITED
Statement of financial position
as at 30 November 2022
Tangible assets
37,400
39,600
Cash at bank and in hand
2,588
22,149
Creditors: amounts falling due within one year
(43,792)
(48,119)
Net current assets
26,109
36,500
Total assets less current liabilities
63,509
76,100
Creditors: amounts falling due after more than one year
(32,209)
(40,768)
Called up share capital
1
1
Capital contribution reserve
30,000
30,000
Profit and loss account
1,299
5,331
Shareholders' funds
31,300
35,332
For the year ending 30 November 2022 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 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 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 and authorised for issue on 12 October 2023 and were signed on its behalf by
ANTONY THOMAS KAREKKATT
Director
Company Registration No. 11676897
PGM FISHMONGERS LIMITED
Notes to the Accounts
for the year ended 30 November 2022
PGM FISHMONGERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11676897. The registered office is 39 STATION ROAD, HARROW, HA1 2UA.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Depreciated on straight-line method (20%) useful economic life of 5 years.
4
Tangible fixed assets
Plant & machinery
At 30 November 2022
68,000
Charge for the year
11,200
At 30 November 2022
30,600
At 30 November 2022
37,400
At 30 November 2021
39,600
PGM FISHMONGERS LIMITED
Notes to the Accounts
for the year ended 30 November 2022
Amounts falling due within one year
Trade debtors
24,193
18,520
Amounts falling due after more than one year
Accrued income and prepayments
9,000
9,000
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,920
36,792
Obligations under finance leases and hire purchase contracts
29,550
-
Taxes and social security
2,302
1,668
Other creditors
1,020
2,107
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
9,106
-
8
Operating lease commitments
2022
2021
At 30 November 2022 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
-
36,000
Later than one year and not later than five years
-
39,600
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
9,600
-
9,600
PGM FISHMONGERS LIMITED
Notes to the Accounts
for the year ended 30 November 2022
10
Average number of employees
During the year the average number of employees was 6 (2021: 6).