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PMI Investments Ltd
Registered Number:09908684
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
PMI Investments Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
09908684
As at 31 December 2024
PMI Investments Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
2
2,001,248
2,001,248
Investment property
2,001,248
2,001,248
Current assets
Trade and other receivables
27,416
34,147
4
26,581
Cash and cash equivalents
30,402
64,549
53,997
Trade and other payables: amounts falling due within one
year
(39,669)
(49,187)
5
14,328
15,362
Net current assets
Total assets less current liabilities
2,016,610
2,015,576
Trade and other payables: amounts falling due after more
than one year
(1,477,712)
(1,485,896)
6
(102,683)
(102,683)
Provisions for liabilities
428,031
Net assets
435,181
Capital and reserves
Called up share capital
100
100
Retained earnings
427,931
435,081
428,031
435,181
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr P S Makkar Director
These financial statements were approved and authorised for issue by the Board on 23 May 2025 and were signed by:
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4
Registered Number :
09908684
For the year ended 31 December 2024
PMI Investments Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 31 December 2024
PMI Investments Ltd
Notes to the Financial Statements
Statutory Information
PMI Investments Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 09908684.
Registered address:
Bridgewater House
866 -868 Uxbridge Road
Hayes
UB4 0RR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings
0% Straight line
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
2. Investment property
Total
£
Fair value
At 01 January 2024
2,001,248
At 31 December 2024
2,001,248
Net book value
At 31 December 2024
2,001,248
At 31 December 2023
2,001,248
3. Investments held as fixed assets
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6
For the year ended 31 December 2024
PMI Investments Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
30,850
21,295
Other debtors
3,297
6,121
27,416
34,147
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
9,259
4,790
Taxation and social security
6,377
5,629
Other creditors
33,551
29,250
49,187
39,669
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
5,388
16,075
Bank loans and overdraft (secured)
1,352,258
1,247,617
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
92,500
170,900
Other creditors
35,750
43,120
1,485,896
1,477,712
7. Average number of persons employed
During the year the average number of employees was 0
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