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
PRM Consultants (Scotland) Limited
Company Information
for the year ended 31 January 2024
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
PRM Consultants (Scotland) Limited
Statement of financial position
as at 31 January 2024
Tangible assets
1,820
3,040
Cash at bank and in hand
8,017
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)
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
PRM Consultants (Scotland) Limited
Notes to the Accounts
for the year ended 31 January 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 31 January 2024
308
3,230
3,538
At 1 February 2023
-
1,013
1,013
Charge for the year
103
808
911
At 31 January 2024
103
1,615
1,718
At 31 January 2024
205
1,615
1,820
At 31 January 2023
-
3,040
3,040
PRM Consultants (Scotland) Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,727
3,727
Taxes and social security
13,897
28,393
Loans from directors
(60,227)
(34,794)
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
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).