2023-03-012023-12-312023-12-31false14111108PM DRAGONFLY 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PM DRAGONFLY LIMITED

Registered Number
14111108
(England and Wales)

Unaudited Financial Statements for the Period ended
31 December 2023

PM DRAGONFLY LIMITED
Company Information
for the period from 1 March 2023 to 31 December 2023

Directors

FIDDAMAN, Robert John
HOLT, Samuel Richard
HOWLEY, Mark Robert
HUTCHINSON, Mark Edward John

Registered Address

4 Vicarage Road
Teddington
TW11 8EZ

Registered Number

14111108 (England and Wales)
PM DRAGONFLY LIMITED
Balance Sheet as at
31 December 2023

Notes

31 Dec 2023

28 Feb 2023

£

£

£

£

Fixed assets
Tangible assets31,5322,261
1,5322,261
Current assets
Debtors656,9841,003,411
Cash at bank and on hand274,6431,009,004
931,6272,012,415
Creditors amounts falling due within one year(364,547)(952,078)
Net current assets (liabilities)567,0801,060,337
Total assets less current liabilities568,6121,062,598
Creditors amounts falling due after one year(3,228,555)(2,051,920)
Net assets(2,659,943)(989,322)
Capital and reserves
Called up share capital1,0001,000
Profit and loss account(2,660,943)(990,322)
Shareholders' funds(2,659,943)(989,322)
The financial statements were approved and authorised for issue by the Board of Directors on 21 August 2024, and are signed on its behalf by:
HUTCHINSON, Mark Edward John
Director
Registered Company No. 14111108
PM DRAGONFLY LIMITED
Notes to the Financial Statements
for the period ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
2.Average number of employees

20232023
Average number of employees during the year2522
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 March 232,626
At 31 December 232,626
Depreciation and impairment
At 01 March 23365
Charge for year729
At 31 December 231,094
Net book value
At 31 December 231,532
At 28 February 232,261