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REGISTERED NUMBER: 15005545 (England and Wales)















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: Miss E Coombs





REGISTERED OFFICE: 7 Stony Lane
Honley
Holmfirth
HD9 6DY





REGISTERED NUMBER: 15005545 (England and Wales)





ACCOUNTANTS: SMH Sheards
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 12,763

CURRENT ASSETS
Debtors 5 1,871
Cash at bank 24,520
26,391
CREDITORS
Amounts falling due within one year 6 (20,453 )
NET CURRENT ASSETS 5,938
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,701

CAPITAL AND RESERVES
Called up share capital 12
Retained earnings 18,689
18,701

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

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 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 director and authorised for issue on 20 March 2025 and were signed by:





Miss E Coombs - Director


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 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 comprises of commission received for property management services. It is recognised in the period it relates to and net of value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

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 1 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 16,031
At 31 July 2024 16,031
AMORTISATION
Amortisation for period 3,268
At 31 July 2024 3,268
NET BOOK VALUE
At 31 July 2024 12,763

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 1,365
Other debtors 506
1,871

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 7,840
Other creditors 12,613
20,453

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.