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REGISTERED NUMBER: 04093684 (England and Wales)















PMC Landscapes Limited

Unaudited Financial Statements

For The Year Ended 31 January 2024






PMC Landscapes Limited (Registered number: 04093684)

Contents of the Financial Statements
For The Year Ended 31 January 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


PMC Landscapes Limited

Company Information
For The Year Ended 31 January 2024







DIRECTOR: P M Cox





SECRETARY: P M Cox





REGISTERED OFFICE: Unit 81 Centaur Court
Claydon Business Park
Gt. Blakenham
Ipswich
Suffolk
IP6 0NL





REGISTERED NUMBER: 04093684 (England and Wales)





ACCOUNTANTS: John Phillips & Co Limited
Accountants
Unit 81 Centaur Court
Claydon Business Park
Gt. Blakenham
Ipswich
Suffolk
IP6 0NL

PMC Landscapes Limited (Registered number: 04093684)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 458,854 599,183
Investment property 5 26,134 26,134
484,988 625,317

CURRENT ASSETS
Stocks 6 27,867 27,867
Debtors 7 1,141,562 1,427,861
Cash at bank 62,390 34,536
1,231,819 1,490,264
CREDITORS
Amounts falling due within one year 8 862,944 941,208
NET CURRENT ASSETS 368,875 549,056
TOTAL ASSETS LESS CURRENT
LIABILITIES

853,863

1,174,373

CREDITORS
Amounts falling due after more than one
year

9

340,693

538,290
NET ASSETS 513,170 636,083

PMC Landscapes Limited (Registered number: 04093684)

Balance Sheet - continued
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 11 512,170 635,083
SHAREHOLDERS' FUNDS 513,170 636,083

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 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.

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 director and authorised for issue on 30 October 2024 and were signed by:





P M Cox - Director


PMC Landscapes Limited (Registered number: 04093684)

Notes to the Financial Statements
For The Year Ended 31 January 2024


1. STATUTORY INFORMATION

PMC Landscapes 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 - 20% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Office Equipment - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current 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.


PMC Landscapes Limited (Registered number: 04093684)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Office
machinery fittings vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 February 2023 117,350 5,460 1,016,974 6,231 1,146,015
Additions 11,140 - 104,730 - 115,870
Disposals - - (190,360 ) - (190,360 )
At 31 January 2024 128,490 5,460 931,344 6,231 1,071,525
DEPRECIATION
At 1 February 2023 86,117 5,460 449,024 6,231 546,832
Charge for year 15,949 - 144,142 - 160,091
Eliminated on disposal - - (94,252 ) - (94,252 )
At 31 January 2024 102,066 5,460 498,914 6,231 612,671
NET BOOK VALUE
At 31 January 2024 26,424 - 432,430 - 458,854
At 31 January 2023 31,233 - 567,950 - 599,183

PMC Landscapes Limited (Registered number: 04093684)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2024


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023
and 31 January 2024 26,134
NET BOOK VALUE
At 31 January 2024 26,134
At 31 January 2023 26,134

6. STOCKS
31.1.24 31.1.23
£    £   
Stocks & Work-in-progress 27,867 27,867

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 663,433 959,813
Bad debt provision (87,274 ) (143,842 )
Amounts owed by participating interests 227,249 257,182
Staff loan 16,759 16,759
T Cox Loan 157,000 157,000
I Hull Loan 26,089 33,089
S Johnson Loan 1,000 1,000
Directors' loan accounts 9,987 9,643
Tax - 16,803
VAT 121,933 116,649
Prepayments 5,386 3,765
1,141,562 1,427,861

PMC Landscapes Limited (Registered number: 04093684)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2024


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other loans 164,667 232,667
Hire purchase contracts 155,786 179,740
Trade creditors 319,457 467,478
Amounts owed to participating interests 53,630 -
Tax 94,777 22,767
Social security and other taxes 18,703 20,571
Other creditors 208 208
Valley Barns Loan 35,000 -
Credit Card 15,181 12,242
Accrued expenses 5,535 5,535
862,944 941,208

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.24 31.1.23
£    £   
Hire purchase contracts 267,776 407,040
Funding Circle Loan 72,917 131,250
340,693 538,290

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

11. RESERVES
Retained
earnings
£   

At 1 February 2023 635,083
Profit for the year 7,087
Dividends (130,000 )
At 31 January 2024 512,170