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Company Registration No. 11923875 (England and Wales)
PM AUTOTECH LIMITED Unaudited accounts for the year ended 31 March 2023
PM AUTOTECH LIMITED Unaudited accounts Contents
Page
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PM AUTOTECH LIMITED Company Information for the year ended 31 March 2023
Director
Mr Paul Mitchell
Company Number
11923875 (England and Wales)
Registered Office
44 FOREST CLOSE CRAWLEY DOWN CRAWLEY RH10 4LU ENGLAND
Accountants
Balancing the Books Ltd TB3 Little Tapnage Titchfield Lane FAREHAM Hampshire PO17 5PQ
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PM AUTOTECH LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,688 
17,314 
Current assets
Debtors
- 
895 
Cash at bank and in hand
9,117 
5,235 
9,117 
6,130 
Creditors: amounts falling due within one year
(17,205)
(16,116)
Net current liabilities
(8,088)
(9,986)
Total assets less current liabilities
5,600 
7,328 
Creditors: amounts falling due after more than one year
(6,466)
(8,193)
Net liabilities
(866)
(865)
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
(876)
(875)
Shareholders' funds
(866)
(865)
For the year ending 31 March 2023 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 20 October 2023 and were signed on its behalf by
Mr Paul Mitchell Director Company Registration No. 11923875
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PM AUTOTECH LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
PM AUTOTECH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11923875. The registered office is 44 FOREST CLOSE, CRAWLEY DOWN, CRAWLEY, RH10 4LU, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% Straight Line
Motor vehicles
20% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
3,200 
23,005 
500 
26,705 
At 31 March 2023
3,200 
23,005 
500 
26,705 
Depreciation
At 1 April 2022
1,625 
7,471 
295 
9,391 
Charge for the year
394 
3,107 
125 
3,626 
At 31 March 2023
2,019 
10,578 
420 
13,017 
Net book value
At 31 March 2023
1,181 
12,427 
80 
13,688 
At 31 March 2022
1,575 
15,534 
205 
17,314 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
895 
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PM AUTOTECH LIMITED Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,087 
4,548 
VAT
2,616 
2,611 
Trade creditors
4,455 
2,451 
Taxes and social security
5,572 
5,834 
Accruals
475 
672 
17,205 
16,116 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
16,154 
18,192 
Loans from directors
(9,688)
(9,999)
6,466 
8,193 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Director Loan
9,999 
9,688 
9,999 
9,688 
9,999 
9,688 
9,999 
9,688 
Unsecured, interest-free and, repayable on demand
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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