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Company Registration No. SC554752 (Scotland)
PRM Consultants (Scotland) Limited Unaudited accounts for the year ended 31 January 2024
PRM Consultants (Scotland) Limited Unaudited accounts Contents
Page
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PRM Consultants (Scotland) Limited Company Information for the year ended 31 January 2024
Director
Peter Mcdowall
Company Number
SC554752 (Scotland)
Registered Office
4th Floor 176 Bath Street Glasgow G2 4HG Scotland
Accountants
TaxKings Ltd 4th Floor, 176 Bath Street Glasgow G2 4HG
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PRM Consultants (Scotland) Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,820 
3,040 
Current assets
Debtors
12,453 
- 
Cash at bank and in hand
8,017 
16,366 
20,470 
16,366 
Creditors: amounts falling due within one year
42,842 
3,053 
Net current assets
63,312 
19,419 
Total assets less current liabilities
65,132 
22,459 
Creditors: amounts falling due after more than one year
(18,293)
(21,423)
Net assets
46,839 
1,036 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
45,839 
36 
Shareholders' funds
46,839 
1,036 
For the year ending 31 January 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 29 October 2024 and were signed on its behalf by
Peter Mcdowall Director Company Registration No. SC554752
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PRM Consultants (Scotland) Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
PRM Consultants (Scotland) Limited is a private company, limited by shares, registered in Scotland, registration number SC554752. The registered office is 4th Floor, 176 Bath Street, Glasgow, G2 4HG, Scotland.
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:
Fixtures & fittings
33% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
- 
4,053 
4,053 
Additions
308 
- 
308 
Disposals
- 
(823)
(823)
At 31 January 2024
308 
3,230 
3,538 
Depreciation
At 1 February 2023
- 
1,013 
1,013 
Charge for the year
103 
808 
911 
On disposals
- 
(206)
(206)
At 31 January 2024
103 
1,615 
1,718 
Net book value
At 31 January 2024
205 
1,615 
1,820 
At 31 January 2023
- 
3,040 
3,040 
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PRM Consultants (Scotland) Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,453 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,727 
3,727 
VAT
(239)
(485)
Taxes and social security
13,897 
28,393 
Loans from directors
(60,227)
(34,794)
Accruals
- 
106 
(42,842)
(3,053)
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,293 
21,423 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Peter Mcdowall
Loan to director
34,794 
60,227 
34,794 
60,227 
34,794 
60,227 
34,794 
60,227 
The new loan to Mr Peter McDowall was cleared within 9 months of the company year-end.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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