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Company Registration No. 10278910 (England and Wales)
PSM Electrical Limited Unaudited accounts for the year ended 31 March 2025
PSM Electrical Limited Unaudited accounts Contents
Page
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PSM Electrical Limited Company Information for the year ended 31 March 2025
Directors
George Robert Prospere Shirley Ann Prospere
Company Number
10278910 (England and Wales)
Registered Office
352-354 London Road Mitcham Surrey CR4 3ND
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PSM Electrical Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
6,696 
9,337 
Investments
16,000 
16,000 
Cash at bank and in hand
338 
1,063 
23,034 
26,400 
Creditors: amounts falling due within one year
(3,571)
(3,394)
Net current assets
19,463 
23,006 
Total assets less current liabilities
19,463 
23,006 
Creditors: amounts falling due after more than one year
(3,403)
(6,051)
Net assets
16,060 
16,955 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,960 
16,855 
Shareholders' funds
16,060 
16,955 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by
George Robert Prospere Director Company Registration No. 10278910
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PSM Electrical Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
PSM Electrical Limited is a private company, limited by shares, registered in England and Wales, registration number 10278910. The registered office is 352-354 London Road, Mitcham, Surrey, CR4 3ND.
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.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9,337 
Other debtors
6,696 
- 
6,696 
9,337 
5
Investments held as current assets
2025 
2024 
£ 
£ 
Unlisted investments
16,000 
16,000 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
3,271 
3,094 
Accruals
300 
300 
3,571 
3,394 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,403 
6,051 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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