Caseware UK (AP4) 2023.0.135 2023.0.135 2023-05-312023-05-31No description of principal activity2022-06-01false11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11979056 2022-06-01 2023-05-31 11979056 2021-06-01 2022-05-31 11979056 2023-05-31 11979056 2022-05-31 11979056 c:Director1 2022-06-01 2023-05-31 11979056 d:CurrentFinancialInstruments 2023-05-31 11979056 d:CurrentFinancialInstruments 2022-05-31 11979056 d:Non-currentFinancialInstruments 2023-05-31 11979056 d:Non-currentFinancialInstruments 2022-05-31 11979056 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11979056 d:CurrentFinancialInstruments d:WithinOneYear 2022-05-31 11979056 d:Non-currentFinancialInstruments d:AfterOneYear 2023-05-31 11979056 d:Non-currentFinancialInstruments d:AfterOneYear 2022-05-31 11979056 d:ShareCapital 2023-05-31 11979056 d:ShareCapital 2022-05-31 11979056 d:RetainedEarningsAccumulatedLosses 2023-05-31 11979056 d:RetainedEarningsAccumulatedLosses 2022-05-31 11979056 c:OrdinaryShareClass1 2022-06-01 2023-05-31 11979056 c:OrdinaryShareClass1 2023-05-31 11979056 c:OrdinaryShareClass1 2022-05-31 11979056 c:FRS102 2022-06-01 2023-05-31 11979056 c:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 11979056 c:FullAccounts 2022-06-01 2023-05-31 11979056 c:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11979056









PM PRIVATE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2023

 
PM PRIVATE LIMITED
REGISTERED NUMBER: 11979056

BALANCE SHEET
AS AT 31 MAY 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
5,000
5,000

Cash at bank and in hand
 5 
133
824

  
5,133
5,824

Creditors: amounts falling due within one year
 6 
(25,798)
(16,960)

Net current liabilities
  
 
 
(20,665)
 
 
(11,136)

Total assets less current liabilities
  
(20,665)
(11,136)

Creditors: amounts falling due after more than one year
 7 
(11,452)
(17,470)

  

Net liabilities
  
(32,117)
(28,606)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(32,118)
(28,607)

  
(32,117)
(28,606)


Page 1

 
PM PRIVATE LIMITED
REGISTERED NUMBER: 11979056
    
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P Mehta
Director

Date: 17 April 2024

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
PM PRIVATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1.


General information

PM Private Limited is a private company limited by shares and incorporated in England and Wales. The registered office is 101 New Cavendish Street, 1st Floor South, London, W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 3

 
PM PRIVATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

4.


Debtors

2023
2022
£
£


Prepayments and accrued income
5,000
5,000

5,000
5,000



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
133
824

133
824



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
6,548
6,531

Other creditors
18,000
9,179

Accruals and deferred income
1,250
1,250

25,798
16,960



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
11,452
17,470

11,452
17,470


Page 4

 
PM PRIVATE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

8.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 - 1) Ordinary Shares share of £1.00
1
1


 
Page 5