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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
Page
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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
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P R M Builders Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
201 
523 
Current assets
Inventories
23,250 
25,975 
Debtors
- 
2,058 
Cash at bank and in hand
5,285 
5,891 
28,535 
33,924 
Creditors: amounts falling due within one year
(33,547)
(39,578)
Net current liabilities
(5,012)
(5,654)
Net liabilities
(4,811)
(5,131)
Capital and reserves
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
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P R M Builders Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
10%
Motor vehicles
10%
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 
Depreciation
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 
Net book value
At 31 August 2024
1 
200 
201 
At 31 August 2023
123 
400 
523 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
- 
2,058 
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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 
Accruals
1,194 
1,194 
Deferred income
9,575 
17,275 
33,547 
39,578 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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