Company Registration No. 13624403 (England and Wales)
PK&MM LTD
Unaudited accounts
for the year ended 30 September 2024
PK&MM LTD
Unaudited accounts
Contents
PK&MM LTD
Company Information
for the year ended 30 September 2024
Directors
SINGH, Pritpal
KAUR, Kamalpreet
Company Number
13624403 (England and Wales)
Registered Office
194 CHRISTCHURCH ROAD
NEWPORT
GWENT
NP19 8BD
UNITED KINGDOM
Accountants
XEN ACCOUNTANTS LTD
102 A COMMERCIAL STREET
NEWPORT
NP20 1LU
PK&MM LTD
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
6,882
Creditors: amounts falling due within one year
(68,978)
Net current liabilities
(6,560)
Total assets less current liabilities
209,718
Creditors: amounts falling due after more than one year
(272,286)
Called up share capital
100
Profit and loss account
(62,668)
Shareholders' funds
(62,568)
For the year ending 30 September 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 19 March 2025 and were signed on its behalf by
SINGH, Pritpal
Director
Company Registration No. 13624403
PK&MM LTD
Notes to the Accounts
for the year ended 30 September 2024
PK&MM LTD is a private company, limited by shares, registered in England and Wales, registration number 13624403. The registered office is 194 CHRISTCHURCH ROAD, NEWPORT, GWENT, NP19 8BD, 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 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.
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
15% & 10% Straight Line
Fixtures & fittings
15% Straight Line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
At 30 September 2024
125,000
Charge for the year
25,000
At 30 September 2024
25,000
At 30 September 2024
100,000
PK&MM LTD
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2023
18,749
33,280
52,029
Additions
10,000
90,000
100,000
At 30 September 2024
28,749
123,280
152,029
At 1 October 2023
3,850
9,984
13,834
Charge for the year
3,425
18,492
21,917
At 30 September 2024
7,275
28,476
35,751
At 30 September 2024
21,474
94,804
116,278
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
Taxes and social security
954
Loans from directors
35,682
8
Creditors: amounts falling due after more than one year
2024
9
Average number of employees
During the year the average number of employees was 4.