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REGISTERED NUMBER: 09653215 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

PYMA LIMITED

PYMA LIMITED (REGISTERED NUMBER: 09653215)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PYMA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: Mrs S A Quarm
Miss J Arthur-Quarm





SECRETARY:





REGISTERED OFFICE: 1st Floor
14-16 Powis Street
Woolwich
London
SE18 6LF





REGISTERED NUMBER: 09653215 (England and Wales)






PYMA LIMITED (REGISTERED NUMBER: 09653215)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,099 5,382

CURRENT ASSETS
Stocks 5 133,108 75,915
Debtors 6 90,000 84,681
Cash at bank and in hand 7,974 2,389
231,082 162,985
CREDITORS
Amounts falling due within one year 7 52,464 30,723
NET CURRENT ASSETS 178,618 132,262
TOTAL ASSETS LESS CURRENT
LIABILITIES

182,717

137,644

CREDITORS
Amounts falling due after more than one
year

8

133,752

102,230
NET ASSETS 48,965 35,414

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 47,965 34,414
SHAREHOLDERS' FUNDS 48,965 35,414

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PYMA LIMITED (REGISTERED NUMBER: 09653215)

BALANCE SHEET - continued
30 JUNE 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:





Mrs S A Quarm - Director


PYMA LIMITED (REGISTERED NUMBER: 09653215)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

PYMA LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 9,799 3,121 12,920
DEPRECIATION
At 1 July 2022 5,665 1,873 7,538
Charge for year 1,033 250 1,283
At 30 June 2023 6,698 2,123 8,821
NET BOOK VALUE
At 30 June 2023 3,101 998 4,099
At 30 June 2022 4,134 1,248 5,382

5. STOCKS
30.6.23 30.6.22
£    £   
Stocks 133,108 75,915

PYMA LIMITED (REGISTERED NUMBER: 09653215)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 87,712 82,868
Other debtors 2,288 1,813
90,000 84,681

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts - 2,982
Trade creditors 38,858 10,553
Taxation and social security 3,803 2,975
Other creditors 9,803 14,213
52,464 30,723

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 42,456 46,691
Hire purchase contracts 3,233 5,173
Other creditors 88,063 50,366
133,752 102,230

Amounts falling due in more than five years:

Repayable by instalments
Bounce Back Loan 42,456 46,691