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REGISTERED NUMBER: 05529140 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

P3M PARTNERS LIMITED

P3M PARTNERS LIMITED (REGISTERED NUMBER: 05529140)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P3M PARTNERS LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTORS: M R G Lowman
Mrs S Lowman
D C Selway
S Goseberg





SECRETARY: M R G Lowman





REGISTERED OFFICE: 222 Upper Richmond Road West
London
SW14 8AH





REGISTERED NUMBER: 05529140 (England and Wales)





ACCOUNTANTS: K S Goring & Co Chartered Accountants
222 Upper Richmond Road West
London
SW14 8AH

P3M PARTNERS LIMITED (REGISTERED NUMBER: 05529140)

BALANCE SHEET
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 779 1,746

CURRENT ASSETS
Debtors 5 22,639 47,396
Cash at bank 187,661 272,779
210,300 320,175
CREDITORS
Amounts falling due within one year 6 147,328 197,680
NET CURRENT ASSETS 62,972 122,495
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,751

124,241

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 62,751 123,241
SHAREHOLDERS' FUNDS 63,751 124,241

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

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

The directors acknowledge their 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.

P3M PARTNERS LIMITED (REGISTERED NUMBER: 05529140)

BALANCE SHEET - continued
31 December 2024


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 Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:




M R G Lowman - Director



Mrs S Lowman - Director


P3M PARTNERS LIMITED (REGISTERED NUMBER: 05529140)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

P3M PARTNERS 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.33% on cost and 25% on cost

Pension costs and other post-retirement benefits
The company contributes towards the director personal pension plan. Contribution paid for the year are charged to the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 60,984
Additions 1,049
At 31 December 2024 62,033
DEPRECIATION
At 1 January 2024 59,238
Charge for year 2,016
At 31 December 2024 61,254
NET BOOK VALUE
At 31 December 2024 779
At 31 December 2023 1,746

P3M PARTNERS LIMITED (REGISTERED NUMBER: 05529140)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 22,639 47,396

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 119,894 132,868
Taxation and social security 21,274 29,779
Other creditors 6,160 35,033
147,328 197,680

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
M R G Lowman
Balance outstanding at start of year (140 ) (140 )
Amounts advanced 63 -
Amounts repaid (1,204 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,281 ) (140 )

8. RELATED PARTY DISCLOSURES

Mr D C Selway a director of the company did consultancy work for the company. Fees amounting to
£nil (2023 £800) net of Vat was charged to the company through his personal company Metis Professional Services Limited. All the transactions were conducted at arms length.

Mr S Goseberg a director of the company did consultancy work for the company. Fees amounting to £93,387 (2023 £99,718) was charged to the company. All the transactions were conducted at arms length.

During the period, the following dividends were paid to the directors of the company in respect of ordinary shares:

Mr M R G Lowman £Nil (2023 £58,000)
Mrs S Lowman £Nil (2023 £23,000)

During the period the company made contributions of £112,000 (2023 - £60,000) towards the personal pension plan of Mr M Lowman, a director.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M R G Lowman.