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Company Registration No. 05812985 (England and Wales)
PAMC LIMITED Unaudited accounts for the year ended 31 May 2024
PAMC LIMITED Unaudited accounts Contents
Page
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PAMC LIMITED Company Information for the year ended 31 May 2024
Director
Mr Patrick Christian
Company Number
05812985 (England and Wales)
Registered Office
213 EVERSHOLT STREET LONDON NW1 1DE
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PAMC LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
410,749 
418,032 
Current assets
Inventories
76,927 
74,680 
Debtors
50,756 
28,032 
Cash at bank and in hand
5,369 
45,195 
133,052 
147,907 
Creditors: amounts falling due within one year
(181,168)
(147,574)
Net current (liabilities)/assets
(48,116)
333 
Total assets less current liabilities
362,633 
418,365 
Creditors: amounts falling due after more than one year
(406,972)
(454,601)
Net liabilities
(44,339)
(36,236)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(44,439)
(36,336)
Shareholders' funds
(44,339)
(36,236)
For the year ending 31 May 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 8 July 2024 and were signed on its behalf by
Mr Patrick Christian Director Company Registration No. 05812985
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PAMC LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
PAMC LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05812985. The registered office is 213 EVERSHOLT STREET, LONDON, NW1 1DE.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25%
Fixtures & fittings
25%
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
381,827 
106,453 
8,008 
496,288 
Additions
- 
2,357 
- 
2,357 
At 31 May 2024
381,827 
108,810 
8,008 
498,645 
Depreciation
At 1 June 2023
- 
76,254 
2,002 
78,256 
Charge for the year
- 
8,139 
1,501 
9,640 
At 31 May 2024
- 
84,393 
3,503 
87,896 
Net book value
At 31 May 2024
381,827 
24,417 
4,505 
410,749 
At 31 May 2023
381,827 
30,199 
6,006 
418,032 
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PAMC LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,009 
7,365 
Trade debtors
39,200 
19,488 
Accrued income and prepayments
8,547 
1,082 
Other debtors
- 
97 
50,756 
28,032 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
37,403 
- 
Trade creditors
99,358 
124,980 
Taxes and social security
17,350 
15,192 
Loans from directors
26,817 
6,342 
Accruals
240 
1,060 
181,168 
147,574 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
406,972 
454,601 
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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