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REGISTERED NUMBER: 05077084 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

P.M.A. LOGISTICS LIMITED

P.M.A. LOGISTICS LIMITED (REGISTERED NUMBER: 05077084)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P.M.A. LOGISTICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: M N Price
Mrs R Paine
D Paine





REGISTERED OFFICE: 56 - 58 Hill Top
West Bromwich
West Midlands
B70 0PU





REGISTERED NUMBER: 05077084 (England and Wales)





ACCOUNTANTS: Windsors Rybridge Ltd
No 9, Castle Court 2
Castlegate Way
Dudley
West Midlands
DY1 4RH

P.M.A. LOGISTICS LIMITED (REGISTERED NUMBER: 05077084)

BALANCE SHEET
31 DECEMBER 2024

31/12/24 31/12/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 942,250 1,128,900

CURRENT ASSETS
Debtors 5 844,143 774,532
Cash at bank 755,921 617,080
1,600,064 1,391,612
CREDITORS
Amounts falling due within one year 6 925,487 532,559
NET CURRENT ASSETS 674,577 859,053
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,616,827

1,987,953

CREDITORS
Amounts falling due after more than one year 7 (368,830 ) (449,190 )

PROVISIONS FOR LIABILITIES (235,562 ) (271,659 )
NET ASSETS 1,012,435 1,267,104

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 1,012,333 1,267,002
SHAREHOLDERS' FUNDS 1,012,435 1,267,104

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

P.M.A. LOGISTICS LIMITED (REGISTERED NUMBER: 05077084)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 January 2025 and were signed on its behalf by:





Mrs R Paine - Director


P.M.A. LOGISTICS LIMITED (REGISTERED NUMBER: 05077084)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

P.M.A. Logistics Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 20% on reducing balance and at varying rates on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

P.M.A. LOGISTICS LIMITED (REGISTERED NUMBER: 05077084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2023 - 35 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 January 2024 1,804,665 5,027 1,809,692
Additions 238,250 - 238,250
Disposals (350,240 ) (5,027 ) (355,267 )
At 31 December 2024 1,692,675 - 1,692,675
DEPRECIATION
At 1 January 2024 675,765 5,027 680,792
Charge for year 294,300 - 294,300
Eliminated on disposal (219,640 ) (5,027 ) (224,667 )
At 31 December 2024 750,425 - 750,425
NET BOOK VALUE
At 31 December 2024 942,250 - 942,250
At 31 December 2023 1,128,900 - 1,128,900

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 January 2024 985,090
Additions 205,000
Disposals (80,600 )
Transfer to ownership (9,450 )
At 31 December 2024 1,100,040
DEPRECIATION
At 1 January 2024 248,090
Charge for year 229,000
Eliminated on disposal (36,600 )
Transfer to ownership (8,450 )
At 31 December 2024 432,040
NET BOOK VALUE
At 31 December 2024 668,000
At 31 December 2023 737,000

P.M.A. LOGISTICS LIMITED (REGISTERED NUMBER: 05077084)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Trade debtors 778,535 749,532
Other debtors 65,608 25,000
844,143 774,532

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Bank loans and overdrafts 9,166 10,600
Hire purchase contracts 209,963 200,618
Trade creditors 91,576 166,202
Amounts owed to group undertakings 250,000 -
Taxation and social security 331,919 92,655
Other creditors 32,863 62,484
925,487 532,559

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/12/24 31/12/23
£    £   
Bank loans 5,001 12,733
Hire purchase contracts 363,829 436,457
368,830 449,190