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REGISTERED NUMBER: 14880434 (England and Wales)















Financial Statements

for the Period 19 May 2023 to 31 December 2023

for

Sterling PMD Ltd

Sterling PMD Ltd (Registered number: 14880434)






Contents of the Financial Statements
for the Period 19 May 2023 to 31 December 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Sterling PMD Ltd

Company Information
for the Period 19 May 2023 to 31 December 2023







DIRECTORS: S Blake
M Blake





REGISTERED OFFICE: Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA





REGISTERED NUMBER: 14880434 (England and Wales)





ACCOUNTANTS: Wilson Partners Limited
Chancery House
30 St Johns Road
Woking
Surrey
GU21 7SA

Sterling PMD Ltd (Registered number: 14880434)

Statement of Financial Position
31 December 2023

Notes £   
FIXED ASSETS
Tangible assets 5 3,247

CURRENT ASSETS
Debtors 6 69,949
Cash at bank 113,028
182,977
CREDITORS
Amounts falling due within one year 7 (162,140 )
NET CURRENT ASSETS 20,837
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,084

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 23,984
24,084

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2024 and were signed on its behalf by:





S Blake - Director


Sterling PMD Ltd (Registered number: 14880434)

Notes to the Financial Statements
for the Period 19 May 2023 to 31 December 2023

1. STATUTORY INFORMATION

Sterling PMD Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

Sterling PMD Ltd (Registered number: 14880434)

Notes to the Financial Statements - continued
for the Period 19 May 2023 to 31 December 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
Additions 965 2,716 3,681
At 31 December 2023 965 2,716 3,681
Depreciation
Charge for period 101 333 434
At 31 December 2023 101 333 434
Net book value
At 31 December 2023 864 2,383 3,247

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 69,949

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 91,113
Taxation and social security 19,639
Other creditors 51,388
162,140