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REGISTERED NUMBER: 08370834 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

PNM Project Management Limited

PNM Project Management Limited (Registered number: 08370834)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PNM Project Management Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr P N Meredith





REGISTERED OFFICE: 10 Exeter Close
Great Lumley
Chester-le-Street
Co. Durham
DH3 4LJ





REGISTERED NUMBER: 08370834 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

PNM Project Management Limited (Registered number: 08370834)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 419 837

CURRENT ASSETS
Debtors 5 20,693 22,279
Cash at bank 138 1,389
20,831 23,668
CREDITORS
Amounts falling due within one year 6 1,440 2,765
NET CURRENT ASSETS 19,391 20,903
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,810

21,740

CREDITORS
Amounts falling due after more than one
year

7

(20,632

)

(20,985

)

PROVISIONS FOR LIABILITIES (80 ) (159 )
NET (LIABILITIES)/ASSETS (902 ) 596

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,002 ) 496
SHAREHOLDERS' FUNDS (902 ) 596

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PNM Project Management Limited (Registered number: 08370834)

Balance Sheet - continued
30 April 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2024 and were signed by:





Mr P N Meredith - Director


PNM Project Management Limited (Registered number: 08370834)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

PNM Project Management 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.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

PNM Project Management Limited (Registered number: 08370834)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 1,676
DEPRECIATION
At 1 May 2023 838
Charge for year 419
At 30 April 2024 1,257
NET BOOK VALUE
At 30 April 2024 419
At 30 April 2023 838

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 20,693 22,279

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 1,565
Other creditors 1,440 1,200
1,440 2,765

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 20,632 20,985

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

2024 2023
£    £   
Mr P N Meredith
Balance outstanding at start of year 15,965 17,009
Amounts advanced 339 -
Amounts repaid (1,926 ) (1,044 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,378 15,965

PNM Project Management Limited (Registered number: 08370834)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued

Interest has been charged on the above loan at 2.25%.