REGISTERED NUMBER: |
COOMBS PMG LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 16 JULY 2023 TO 31 JULY 2024 |
REGISTERED NUMBER: |
COOMBS PMG LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 16 JULY 2023 TO 31 JULY 2024 |
COOMBS PMG LIMITED (REGISTERED NUMBER: 15005545) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the period 16 July 2023 to 31 July 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
COOMBS PMG LIMITED |
COMPANY INFORMATION |
for the period 16 July 2023 to 31 July 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Vernon House |
40 New North Road |
Huddersfield |
West Yorkshire |
HD1 5LS |
COOMBS PMG LIMITED (REGISTERED NUMBER: 15005545) |
BALANCE SHEET |
31 July 2024 |
Notes | £ |
FIXED ASSETS |
Intangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
The director acknowledges her 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. |
The financial statements were approved by the director and authorised for issue on |
COOMBS PMG LIMITED (REGISTERED NUMBER: 15005545) |
NOTES TO THE FINANCIAL STATEMENTS |
for the period 16 July 2023 to 31 July 2024 |
1. | STATUTORY INFORMATION |
Coombs Pmg Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover comprises of commission received for property management services. It is recognised in the period it relates to and net of value added tax. |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Financial instruments |
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. |
Basic financial assets, which include trade and other debtors, and cash and bank balances, are initially measured at transaction price including transaction costs. |
Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event accruing after the impairment was recognised, the impairment is reversed in profit or loss. |
Financial liabilities are classified depending on the substance of the contractual arrangements entered into. |
Basic financial liabilities, including trade and other creditors, accruals and amounts owed to group undertakings, are initially recognised at transaction price. |
Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire. |
Taxation |
Taxation for the period 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. |
COOMBS PMG LIMITED (REGISTERED NUMBER: 15005545) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the period 16 July 2023 to 31 July 2024 |
2. | ACCOUNTING POLICIES - continued |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Goodwill |
£ |
COST |
Additions |
At 31 July 2024 |
AMORTISATION |
Amortisation for period |
At 31 July 2024 |
NET BOOK VALUE |
At 31 July 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Taxation and social security |
Other creditors |
7. | RELATED PARTY DISCLOSURES |
Loans owing to the directors on an interest free basis of £1,773 (2023 - £Nil) were outstanding at the year end. Loans will be repaid when funds permit. |
Creditors includes a £10,840 loan from Mr C Coombs who is the father of Miss E Coombs, who is a director of |
and shareholder in the company.The loans are interest free and are repayable on demand. |