Company Registration No. 08489483 (England and Wales)
PMV Commercials Limited
Unaudited accounts
for the year ended 31 March 2025
PMV Commercials Limited
Unaudited accounts
Contents
PMV Commercials Limited
Company Information
for the year ended 31 March 2025
Company Number
08489483 (England and Wales)
Registered Office
46 Roxeth Hill
Harrow
HA2 0JW
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
PMV Commercials Limited
Accountants' report
Accountants' report to the director of PMV Commercials Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
PMV Commercials Limited for the year ended
31 March 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PMV Commercials Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of PMV Commercials Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PMV Commercials Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PMV Commercials Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PMV Commercials Limited. You consider that PMV Commercials Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PMV Commercials Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
19 May 2025
PMV Commercials Limited
Statement of financial position
as at 31 March 2025
Tangible assets
430,568
446,610
Cash at bank and in hand
407,157
439,278
Creditors: amounts falling due within one year
(87,850)
(109,563)
Net current assets
468,035
425,512
Total assets less current liabilities
898,603
872,122
Creditors: amounts falling due after more than one year
(4,429)
(33,568)
Net assets
894,174
838,554
Called up share capital
100
100
Profit and loss account
894,074
838,454
Shareholders' funds
894,174
838,554
For the year ending 31 March 2025 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 19 May 2025 and were signed on its behalf by
Patrick Mcveigh
Director
Company Registration No. 08489483
PMV Commercials Limited
Notes to the Accounts
for the year ended 31 March 2025
PMV Commercials Limited is a private company, limited by shares, registered in England and Wales, registration number 08489483. The registered office is 46 Roxeth Hill, Harrow, HA2 0JW, 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:
Plant & machinery
15% Straight Line
Motor vehicles
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
489,299
749,508
3,856
1,242,663
Additions
81,800
108,735
-
190,535
Disposals
(32,500)
-
-
(32,500)
At 31 March 2025
538,599
858,243
3,856
1,400,698
At 1 April 2024
447,360
344,837
3,856
796,053
Charge for the year
31,039
143,505
-
174,544
On disposals
(467)
-
-
(467)
At 31 March 2025
477,932
488,342
3,856
970,130
At 31 March 2025
60,667
369,901
-
430,568
At 31 March 2024
41,939
404,671
-
446,610
PMV Commercials Limited
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
101,673
55,114
Accrued income and prepayments
3,945
3,294
Other debtors
43,110
37,389
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,002
9,472
Obligations under finance leases and hire purchase contracts
18,606
61,216
Trade creditors
21,300
9,162
Taxes and social security
29,749
25,167
Loans from directors
341
708
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
2,778
21,384
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(708)
(48,737)
(49,104)
(341)
(708)
(48,737)
(49,104)
(341)
10
Average number of employees
During the year the average number of employees was 4 (2024: 4).