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REGISTERED NUMBER: 08020564 (England and Wales)















FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 MAY 2024

FOR

PMC Aero Consultancy Limited

PMC Aero Consultancy Limited (Registered number: 08020564)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Period 1 April 2023 to 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PMC Aero Consultancy Limited

COMPANY INFORMATION
for the Period 1 April 2023 to 31 May 2024







DIRECTORS: P Coulton
Mrs S Coulton





REGISTERED OFFICE: Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP





REGISTERED NUMBER: 08020564 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

PMC Aero Consultancy Limited (Registered number: 08020564)

BALANCE SHEET
31 May 2024

31.5.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 3,280

CURRENT ASSETS
Debtors 5 3,760 23,255
Cash at bank and in hand 8,298 14,029
12,058 37,284
CREDITORS
Amounts falling due within one year 6 11,948 16,935
NET CURRENT ASSETS 110 20,349
TOTAL ASSETS LESS CURRENT
LIABILITIES

110

23,629

CREDITORS
Amounts falling due after more than one year 7 - 22,917
NET ASSETS 110 712

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 90 692
SHAREHOLDERS' FUNDS 110 712

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by:





P Coulton - Director


PMC Aero Consultancy Limited (Registered number: 08020564)

NOTES TO THE FINANCIAL STATEMENTS
for the Period 1 April 2023 to 31 May 2024

1. STATUTORY INFORMATION

PMC Aero Consultancy 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 represents invoiced sales of services. Income is recognised when services are invoiced on completion of work.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 20% on reducing balance
Office equipment - 20% on reducing balance

Taxation
Taxation for the period comprises current tax, 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.

Deferred tax
Deferred tax is not recognised in respect of any timing differences that have originated but not reversed at the balance sheet date since the amount is not considered to be material.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Office
property machinery equipment Totals
£    £    £    £   
COST
At 1 April 2023 785 140 7,319 8,244
Disposals (785 ) (140 ) (7,319 ) (8,244 )
At 31 May 2024 - - - -
DEPRECIATION
At 1 April 2023 149 128 4,687 4,964
Eliminated on disposal (149 ) (128 ) (4,687 ) (4,964 )
At 31 May 2024 - - - -
NET BOOK VALUE
At 31 May 2024 - - - -
At 31 March 2023 636 12 2,632 3,280

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.3.23
£    £   
Trade debtors - 3,973
Other debtors 3,760 19,282
3,760 23,255

PMC Aero Consultancy Limited (Registered number: 08020564)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Period 1 April 2023 to 31 May 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.3.23
£    £   
Bank loans and overdrafts - 3,667
Trade creditors 1 1
Taxation and social security 5,522 10,860
Other creditors 6,425 2,407
11,948 16,935

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.3.23
£    £   
Bank loans - 22,917

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 8,250

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 May 2024 and the year ended 31 March 2023:

31.5.24 31.3.23
£    £   
P Coulton
Balance outstanding at start of period 10,287 15,006
Amounts advanced 25,648 40,287
Amounts repaid (40,500 ) (45,006 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (4,565 ) 10,287