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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
Page
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PMV Commercials Limited Company Information for the year ended 31 March 2025
Director
Patrick Mcveigh
Company Number
08489483 (England and Wales)
Registered Office
46 Roxeth Hill Harrow HA2 0JW England
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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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
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PMV Commercials Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
430,568 
446,610 
Current assets
Debtors
148,728 
95,797 
Cash at bank and in hand
407,157 
439,278 
555,885 
535,075 
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 
Capital and reserves
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
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PMV Commercials Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
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.
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
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 
Depreciation
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 
Net book value
At 31 March 2025
60,667 
369,901 
- 
430,568 
At 31 March 2024
41,939 
404,671 
- 
446,610 
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PMV Commercials Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
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 
148,728 
95,797 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
10,002 
9,472 
VAT
6,168 
1,883 
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 
Other creditors
503 
503 
Loans from directors
341 
708 
Accruals
1,181 
1,452 
87,850 
109,563 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
1,651 
12,184 
Obligations under finance leases and hire purchase contracts
2,778 
21,384 
4,429 
33,568 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Patrick Mcveigh
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).
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