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REGISTERED NUMBER: 06763271 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

P M R CONSTRUCTION
(COV) LIMITED

P M R CONSTRUCTION
(COV) LIMITED (REGISTERED NUMBER: 06763271)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P M R CONSTRUCTION
(COV) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: C A Oakley
C H Morrall





REGISTERED OFFICE: Unit 10 The Colbalt Centre
Siskin Parkway East
Middlemarch Business Park
Coventry
West Midlands
CV34PE





REGISTERED NUMBER: 06763271 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
5 Argosy Court
Scimitar Way
Whitley Business Park
Coventry
CV3 4GA

P M R CONSTRUCTION
(COV) LIMITED (REGISTERED NUMBER: 06763271)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 181,788 215,193

CURRENT ASSETS
Debtors 5 1,279,833 1,006,220
Cash at bank 775,003 1,808,178
2,054,836 2,814,398
CREDITORS
Amounts falling due within one year 6 1,147,985 2,081,208
NET CURRENT ASSETS 906,851 733,190
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,088,639

948,383

CREDITORS
Amounts falling due after more than one
year

7

(44,619

)

(82,401

)

PROVISIONS FOR LIABILITIES (27,865 ) (32,357 )
NET ASSETS 1,016,155 833,625

CAPITAL AND RESERVES
Called up share capital 600 600
Capital redemption reserve 400 400
Retained earnings 1,015,155 832,625
SHAREHOLDERS' FUNDS 1,016,155 833,625

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

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

P M R CONSTRUCTION
(COV) LIMITED (REGISTERED NUMBER: 06763271)

BALANCE SHEET - continued
31 JANUARY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2024 and were signed on its behalf by:





C A Oakley - Director


P M R CONSTRUCTION
(COV) LIMITED (REGISTERED NUMBER: 06763271)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

P M R Construction (Cov) 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.

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 goods and services, excluding value added tax.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Commercial vehicles - 25% on cost
Computer equipment - 33.33% on cost

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 14 (2023 - 11 ) .

P M R CONSTRUCTION
(COV) LIMITED (REGISTERED NUMBER: 06763271)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Commercial Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 60,738 5,146 314,299 15,529 395,712
Additions 4,810 10,793 24,550 3,909 44,062
At 31 January 2024 65,548 15,939 338,849 19,438 439,774
DEPRECIATION
At 1 February 2023 33,179 2,603 135,027 9,710 180,519
Charge for year 4,458 1,203 67,755 4,051 77,467
At 31 January 2024 37,637 3,806 202,782 13,761 257,986
NET BOOK VALUE
At 31 January 2024 27,911 12,133 136,067 5,677 181,788
At 31 January 2023 27,559 2,543 179,272 5,819 215,193

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,166,147 903,326
Amounts owed by group undertakings 79,076 76,124
Other debtors 34,610 26,770
1,279,833 1,006,220

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 37,782 47,722
Trade creditors 790,464 836,088
Taxation and social security 292,598 671,259
Other creditors 27,141 526,139
1,147,985 2,081,208

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 44,619 82,401

P M R CONSTRUCTION
(COV) LIMITED (REGISTERED NUMBER: 06763271)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 37,782 47,722
Between one and five years 44,619 82,401
82,401 130,123

Non-cancellable operating leases
2024 2023
£    £   
Within one year 23,000 15,000
Between one and five years 7,667 -
30,667 15,000

9. SECURED DEBTS

Lloyds Bank PLC hold a fixed and floating charge over all assets of the company in security for any amounts owed to the bank.

10. ULTIMATE CONTROLLING PARTY

The controlling party is PMR Construction (Cov) Holdings Limited.

The registered office address is Unit 10, The Colbolt Centre, Siskin Parkway East, Middlemarch Business Park, Coventry, West Midlands, CV3 4PE.