Silverfin false 31/05/2023 01/06/2022 31/05/2023 Mariam Nebbett 09/05/2018 Paul Nebbett 09/05/2018 31 October 2023 The principal activity of the Company during the financial year was that of a holding company. 11351350 2023-05-31 11351350 bus:Director1 2023-05-31 11351350 bus:Director2 2023-05-31 11351350 2022-05-31 11351350 core:CurrentFinancialInstruments 2023-05-31 11351350 core:CurrentFinancialInstruments 2022-05-31 11351350 core:Non-currentFinancialInstruments 2023-05-31 11351350 core:Non-currentFinancialInstruments 2022-05-31 11351350 core:ShareCapital 2023-05-31 11351350 core:ShareCapital 2022-05-31 11351350 core:RetainedEarningsAccumulatedLosses 2023-05-31 11351350 core:RetainedEarningsAccumulatedLosses 2022-05-31 11351350 core:CostValuation 2022-05-31 11351350 core:CostValuation 2023-05-31 11351350 core:ProvisionsForImpairmentInvestments 2022-05-31 11351350 core:ProvisionsForImpairmentInvestments 2023-05-31 11351350 bus:OrdinaryShareClass1 2023-05-31 11351350 2022-06-01 2023-05-31 11351350 bus:FullAccounts 2022-06-01 2023-05-31 11351350 bus:SmallEntities 2022-06-01 2023-05-31 11351350 bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 11351350 bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 11351350 bus:Director1 2022-06-01 2023-05-31 11351350 bus:Director2 2022-06-01 2023-05-31 11351350 2021-06-01 2022-05-31 11351350 bus:OrdinaryShareClass1 2022-06-01 2023-05-31 11351350 bus:OrdinaryShareClass1 2021-06-01 2022-05-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11351350 (England and Wales)

PNMJ LIMITED

Unaudited Financial Statements
For the financial year ended 31 May 2023
Pages for filing with the registrar

PNMJ LIMITED

Unaudited Financial Statements

For the financial year ended 31 May 2023

Contents

PNMJ LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 May 2023
PNMJ LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 May 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 50 50
50 50
Current assets
Debtors
- due within one year 4 100 100
- due after more than one year 4 13,450 13,850
13,550 13,950
Net current assets 13,550 13,950
Total assets less current liabilities 13,600 14,000
Net assets 13,600 14,000
Capital and reserves
Called-up share capital 5 100 100
Profit and loss account 13,500 13,900
Total shareholders' funds 13,600 14,000

For the financial year ending 31 May 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of PNMJ Limited (registered number: 11351350) were approved and authorised for issue by the Director on 31 October 2023. They were signed on its behalf by:

Paul Nebbett
Director
PNMJ LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 2023
PNMJ LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 May 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

PNMJ 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 3 The Venture Centre Yeoford Way, Matford Park, Exeter, EX2 8LB, 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 £.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Statement of Income and Retained Earnings. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Fixed asset investments

Investments in associates Total
£ £
Carrying value before impairment
At 01 June 2022 50 50
At 31 May 2023 50 50
Provisions for impairment
At 01 June 2022 0 0
At 31 May 2023 0 0
Carrying value at 31 May 2023 50 50
Carrying value at 31 May 2022 50 50

4. Debtors

2023 2022
£ £
Debtors: amounts falling due within one year
Other debtors 100 100
Debtors: amounts falling due after more than one year
Amounts owed by associates 13,450 13,850

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100
Allotted, called-up and not yet paid

6. Related party transactions

Transactions with the entity's directors

2023 2022
£ £
Dividends 75,400 29,100