Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-301truetrueHolding companyfalse2022-12-01false1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 06634453 2022-12-01 2023-11-30 06634453 2021-12-01 2022-11-30 06634453 2023-11-30 06634453 2022-11-30 06634453 c:Director1 2022-12-01 2023-11-30 06634453 d:CurrentFinancialInstruments 2023-11-30 06634453 d:CurrentFinancialInstruments 2022-11-30 06634453 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 06634453 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 06634453 d:ShareCapital 2023-11-30 06634453 d:ShareCapital 2022-11-30 06634453 d:RetainedEarningsAccumulatedLosses 2023-11-30 06634453 d:RetainedEarningsAccumulatedLosses 2022-11-30 06634453 c:FRS102 2022-12-01 2023-11-30 06634453 c:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 06634453 c:FullAccounts 2022-12-01 2023-11-30 06634453 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 06634453 6 2022-12-01 2023-11-30 06634453 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 06634453










PMP OPERATIONS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
PMP OPERATIONS LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OFPMP OPERATIONS LTD
FOR THE YEAR ENDED 30 NOVEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PMP Operations Ltd for the year ended 30 November 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the director of PMP Operations Ltd in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of PMP Operations Ltd and state those matters that we have agreed to state to him in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PMP Operations Ltd and its  director for our work or for this report.
 
 
It is your duty to ensure that PMP Operations Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit. You consider that PMP Operations Ltd is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of PMP Operations Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.





Shipleys Tax Planning

25 November 2024
Page 1

 
PMP OPERATIONS LTD
REGISTERED NUMBER: 06634453

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
535,000
535,000

  
535,000
535,000

  

Creditors: amounts falling due within one year
 5 
(336,635)
(346,464)

Net current liabilities
  
 
 
(336,635)
 
 
(346,464)

Total assets less current liabilities
  
198,365
188,536

  

Net assets
  
198,365
188,536


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
197,365
187,536

  
198,365
188,536


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 November 2024.




P Patel
Director

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
PMP OPERATIONS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

PMP Operations Ltd is a company domiciled in England & Wales, registration number 06634453. The registered office is 20 Cavendish Avenue, Woodford Green, IG8 9DA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
PMP OPERATIONS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 December 2022
535,000



At 30 November 2023
535,000





5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
240,471
173,461

Corporation tax
12,370
9,525

Other creditors
77,794
159,373

Accruals and deferred income
6,000
4,105

336,635
346,464



6.


Related party transactions

During the year the subsidiary company A R Parmar Ltd loaned the company £67,010 (2022: £75,162). At the balance sheet date other creditors included £240,471 (2022: £173,461) as amounts owed to A R Parmar Ltd.
During the year the company repaid the director £81,579 
(2022: £83,258). At the balance sheet date other creditors included £77,794 (2022: £159,373) as amounts owed to the director.


7.


Controlling party

The company is ultimately controlled by Mr P Patel.


Page 4