Company Registration No. 09190187 (England and Wales)
P R M Builders Limited
Unaudited accounts
for the year ended 31 August 2024
P R M Builders Limited
Unaudited accounts
Contents
P R M Builders Limited
Company Information
for the year ended 31 August 2024
Director
Yaspal Singh Shergill
Company Number
09190187 (England and Wales)
Registered Office
4 Stream Meadow
Shelfield
Walsall
West Midlands
WS4 1TB
England
Accountants
Younis Bhatti & Co Ltd
93 Broad Street
Birmingham
West Midlands
B15 1AU
P R M Builders Limited
Statement of financial position
as at 31 August 2024
Cash at bank and in hand
5,285
5,891
Creditors: amounts falling due within one year
(33,547)
(39,578)
Net current liabilities
(5,012)
(5,654)
Net liabilities
(4,811)
(5,131)
Called up share capital
1
1
Profit and loss account
(4,812)
(5,132)
Shareholders' funds
(4,811)
(5,131)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 22 May 2025 and were signed on its behalf by
Yaspal Singh Shergill
Director
Company Registration No. 09190187
P R M Builders Limited
Notes to the Accounts
for the year ended 31 August 2024
P R M Builders Limited is a private company, limited by shares, registered in England and Wales, registration number 09190187. The registered office is 4 Stream Meadow, Shelfield, Walsall, West Midlands, WS4 1TB, England.
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 remained unchanged from the previous year, and also 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2023
1,248
2,000
3,248
At 31 August 2024
1,248
2,000
3,248
At 1 September 2023
1,125
1,600
2,725
Charge for the year
122
200
322
At 31 August 2024
1,247
1,800
3,047
At 31 August 2024
1
200
201
At 31 August 2023
123
400
523
Amounts falling due after more than one year
P R M Builders Limited
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
697
1,184
Loans from directors
22,081
19,925
Deferred income
9,575
17,275
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).