IRIS Accounts Production v23.3.1.45 SC606208 Board of Directors 1.9.22 31.8.23 31.8.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6062082022-08-31SC6062082023-08-31SC6062082022-09-012023-08-31SC6062082021-08-31SC6062082021-09-012022-08-31SC6062082022-08-31SC606208ns10:Originalns15:Scotland2022-09-012023-08-31SC606208ns14:PoundSterlingns10:Original2022-09-012023-08-31SC606208ns10:Originalns10:Director12022-09-012023-08-31SC606208ns10:Original2022-09-012023-08-31SC606208ns10:Original2023-08-31SC606208ns10:Originalns10:PrivateLimitedCompanyLtd2022-09-012023-08-31SC606208ns10:Originalns10:SmallEntities2022-09-012023-08-31SC606208ns10:Originalns10:AuditExempt-NoAccountantsReport2022-09-012023-08-31SC606208ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-31SC606208ns10:SmallCompaniesRegimeForAccountsns10:Original2022-09-012023-08-31SC606208ns10:Originalns10:FullAccounts2022-09-012023-08-31SC606208ns10:Original2021-09-012022-08-31SC606208ns10:Originalns10:Director22022-09-012023-08-31SC606208ns10:Originalns10:Director32022-09-012023-08-31SC606208ns10:Originalns10:RegisteredOffice2022-09-012023-08-31SC606208ns10:Original2022-08-31SC606208ns10:Originalns5:CurrentFinancialInstruments2023-08-31SC606208ns10:Originalns5:CurrentFinancialInstruments2022-08-31SC606208ns5:ShareCapitalns10:Original2023-08-31SC606208ns5:ShareCapitalns10:Original2022-08-31SC606208ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-08-31SC606208ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-31SC606208ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-31SC606208ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-31
REGISTERED NUMBER: SC606208 (Scotland)
















Unaudited Financial Statements for the Year Ended 31 August 2023

for

PMK Renewables Ltd

PMK Renewables Ltd (Registered number: SC606208)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PMK Renewables Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTORS: K N Docherty
P A Docherty
P O'Brien





REGISTERED OFFICE: c/o McLay, McAlister & McGibbon LLP
145 St Vincent Street
Glasgow
G2 5JF





REGISTERED NUMBER: SC606208 (Scotland)





ACCOUNTANTS: McLay McAlister & McGibbon LLP
Chartered Accountants
145 St Vincent Street
Glasgow
G2 5JF

PMK Renewables Ltd (Registered number: SC606208)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £   
CURRENT ASSETS
Debtors 4 327,950 465,516
Investments 5 598,449 604,067
Cash at bank 630,631 137,490
1,557,030 1,207,073
CREDITORS
Amounts falling due within one year 6 (182,749 ) (169,719 )
NET CURRENT ASSETS 1,374,281 1,037,354
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,374,281

1,037,354

PROVISIONS FOR LIABILITIES - (773 )
NET ASSETS 1,374,281 1,036,581

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 1,374,278 1,036,578
1,374,281 1,036,581

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 Statement of Comprehensive Income 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:




P O'Brien - Director


PMK Renewables Ltd (Registered number: SC606208)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

PMK Renewables Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of services, excluding value added tax.

Financial instruments
Debtors
Trade Debtors and other debtors are recognised at the settlement amount due with appropriate allowances for any irrecoverable amounts when there is objective evidence the asset is impaired.

Cash and cash equivalents
Cash and cash equivalents in the balance sheet comprise cash in hand and bank overdrafts.

Creditors
Trade creditors and other creditors are recognised where the company has a present obligation resulting from a past event and are recognised at the settlement amount due after allowing for any trade discounts due.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Investment
Investment held at market value.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 327,289 464,908
Other debtors 661 608
327,950 465,516

PMK Renewables Ltd (Registered number: SC606208)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

5. CURRENT ASSET INVESTMENTS
31.8.23 31.8.22
£    £   
Unlisted investments 598,449 604,067

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Taxation and social security 134,659 118,824
Other creditors 48,090 50,895
182,749 169,719