4 4 Pumps & Motors (Holdings) Limited 10819251 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is that of a holding company. Digita Accounts Production Advanced 6.30.9574.0 true false false 10819251 2023-09-01 2024-08-31 10819251 2024-08-31 10819251 bus:OrdinaryShareClass1 2024-08-31 10819251 bus:SmallEntities 2023-09-01 2024-08-31 10819251 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 10819251 bus:FilletedAccounts 2023-09-01 2024-08-31 10819251 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 10819251 bus:RegisteredOffice 2023-09-01 2024-08-31 10819251 bus:Director1 2023-09-01 2024-08-31 10819251 bus:Director2 2023-09-01 2024-08-31 10819251 bus:Director3 2023-09-01 2024-08-31 10819251 bus:Director4 2023-09-01 2024-08-31 10819251 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 10819251 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10819251 bus:Agent1 2023-09-01 2024-08-31 10819251 core:AllSubsidiaries 2023-09-01 2024-08-31 10819251 core:Subsidiary1 2023-09-01 2024-08-31 10819251 core:Subsidiary1 1 2023-09-01 2024-08-31 10819251 countries:AllCountries 2023-09-01 2024-08-31 10819251 core:CostValuation 2023-08-31 10819251 2022-09-01 2023-08-31 10819251 2023-08-31 10819251 bus:OrdinaryShareClass1 2023-08-31 10819251 core:Subsidiary1 1 2022-09-01 2023-08-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 10819251

Pumps & Motors (Holdings) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Pumps & Motors (Holdings) Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Pumps & Motors (Holdings) Limited

Company Information

Directors

Mr Keith Scull

Mrs Sharon Dunn

Mr David Dunn

Mrs Theresa Scull

Registered office

590 Green Lanes
Palmers Green
London
N13 5RY

Accountants

Thomas Alexander & Co Ltd 590 Green Lanes
Palmers Green
London
N13 5RY

 

Pumps & Motors (Holdings) Limited

(Registration number: 10819251)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

200

200

Capital and reserves

 

Called up share capital

5

200

200

Shareholders' funds

 

200

200

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 March 2025 and signed on its behalf by:
 

.........................................
Mr Keith Scull
Director

.........................................
Mr David Dunn
Director

 

Pumps & Motors (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England..

The address of its registered office is:
590 Green Lanes
Palmers Green
London
N13 5RY

These financial statements were authorised for issue by the Board on 18 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The company is exempt from preparing group accounts as it is a member of a small group..

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

 

Pumps & Motors (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

4

Investments

2024
£

2023
£

Investments in subsidiaries

200

200

Subsidiaries

£

Cost or valuation

At 1 September 2023

200

Provision

Carrying amount

At 31 August 2024

200

At 31 August 2023

200

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

2023

Subsidiary undertakings

Pumps & Motors (UK) Ltd

England & Wales

Ordinary

100%

100%

 

Pumps & Motors (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Subsidiary undertakings

Pumps & Motors (UK) Ltd

The principal activity of Pumps & Motors (UK) Ltd is Mechanical engineers. The profit for the financial period of Pumps & Motors (UK) Ltd was £1,027,738 and the aggregate amount of Capital and reserves at the end of the period was £2,196,235.

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

200

200

200

200

       

6

Dividends

2024

2023

£

£

Interim dividend of £2,828.40 (2023 - £3,585.00) per ordinary share

565,679

716,958

 

 

7

Related party transactions

Summary of transactions with subsidiaries

Pumps & Motors (UK) Ltd At the year end the company was owed an amount of £0 (2023: £0) by its subsidiary company. During the period the company received dividends of £565,679 (2023: £716,958) from its subsidiary.