Company Registration No. 05497731 (England and Wales)
PSM Global Ltd
Unaudited accounts
for the year ended 31 March 2024
PSM Global Ltd
Unaudited accounts
Contents
PSM Global Ltd
Company Information
for the year ended 31 March 2024
Directors
Stanley Olutola
Laura Michelle Djonkam Nankam
Company Number
05497731 (England and Wales)
Registered Office
43 HIGH STREET
Thornton Heath
surrey
CR7 8RW
United Kingdom
Accountants
Candid Accountants Limited
43 High Street
Thornton Heath
SURREY
CR7 8RW
PSM Global Ltd
Accountants' report
Accountants' report to the board of directors of PSM Global Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
PSM Global Ltd for the year ended
31 March 2024 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PSM Global Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of PSM Global Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PSM Global Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PSM Global Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PSM Global Ltd. You consider that PSM Global Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PSM Global 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 accounts.
Candid Accountants Limited
43 High Street
Thornton Heath
SURREY
CR7 8RW
2 December 2024
PSM Global Ltd
Statement of financial position
as at 31 March 2024
Creditors: amounts falling due within one year
(35,083)
(35,083)
Net current liabilities
(35,083)
(35,083)
Net liabilities
(35,083)
(35,083)
Called up share capital
100
100
Capital redemption reserve
(28,471)
(28,471)
Profit and loss account
(6,712)
(6,712)
Shareholders' funds
(35,083)
(35,083)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by
Stanley Olutola
Director
Company Registration No. 05497731
PSM Global Ltd
Notes to the Accounts
for the year ended 31 March 2024
PSM Global Ltd is a private company, limited by shares, registered in England and Wales, registration number 05497731. The registered office is 43 HIGH STREET, Thornton Heath, surrey, CR7 8RW, United Kingdom.
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.
4
Creditors: amounts falling due within one year
2024
2023
Other creditors
35,083
35,083
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).