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Company Registration No. 07330161 (England and Wales)
PME Solutions Ltd Unaudited accounts for the year ended 31 July 2024
PME Solutions Ltd Unaudited accounts Contents
Page
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PME Solutions Ltd Company Information for the year ended 31 July 2024
Director
Mr Duncan Carton
Company Number
07330161 (England and Wales)
Registered Office
Unit 35 Capitol Trading Park Kirkby Bank Road Knowsley L33 7SY UK
Accountants
RJB Accountancy Services 78 Mold Road Mynydd Isa Flintshire CH7 6TF
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PME Solutions Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,672 
6,535 
Current assets
Debtors
- 
5,521 
Cash at bank and in hand
2,971 
2,074 
2,971 
7,595 
Creditors: amounts falling due within one year
(8,195)
(6,514)
Net current (liabilities)/assets
(5,224)
1,081 
Net (liabilities)/assets
(2,552)
7,616 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(2,553)
7,615 
Shareholders' funds
(2,552)
7,616 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 September 2024 and were signed on its behalf by
Mr Duncan Carton Director Company Registration No. 07330161
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PME Solutions Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
PME Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 07330161. The registered office is Unit 35 Capitol Trading Park, Kirkby Bank Road, Knowsley, L33 7SY, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line.
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2023
19,318 
At 31 July 2024
19,318 
Depreciation
At 1 August 2023
12,783 
Charge for the year
3,863 
At 31 July 2024
16,646 
Net book value
At 31 July 2024
2,672 
At 31 July 2023
6,535 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
21 
Other debtors
- 
5,500 
- 
5,521 
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PME Solutions Ltd Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
2,204 
VAT
2,649 
- 
Amounts owed to group undertakings and other participating interests
1,084 
3,460 
Loans from directors
3,612 
- 
Accruals
850 
850 
8,195 
6,514 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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