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REGISTERED NUMBER: 08293246 (England and Wales)















Financial Statements for the Year Ended 30 November 2024

for

PDM Motor Spares Ltd

PDM Motor Spares Ltd (Registered number: 08293246)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Report of the Accountants 7

PDM Motor Spares Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Mrs Wendy Marie Beaver-Ivins
Mr Stephen Thomas Ivins





REGISTERED OFFICE: 143 Eastfield Road
Peterborough
Cambridgeshire
United Kingdom
PE1 4AU





REGISTERED NUMBER: 08293246 (England and Wales)





ACCOUNTANTS: Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU

PDM Motor Spares Ltd (Registered number: 08293246)

Statement of Financial Position
30 November 2024

30.11.24 30.11.23
Notes £    £    £   
FIXED ASSETS
Property, plant and equipment 4 3,929 1,745

CURRENT ASSETS
Inventories 5 85,260 82,450
Debtors 6 1,425 1,790
Cash at bank and in hand 65,766 55,863
152,451 140,103
CREDITORS
Amounts falling due within one year 7 78,077 61,662
NET CURRENT ASSETS 74,374 78,441
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,303

80,186

CREDITORS
Amounts falling due after more than
one year

8

15,884

25,751
NET ASSETS 62,419 54,435

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 62,319 54,335
SHAREHOLDERS' FUNDS 62,419 54,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

PDM Motor Spares Ltd (Registered number: 08293246)

Statement of Financial Position - continued
30 November 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2025 and were signed on its behalf by:





Mr Stephen Thomas Ivins - Director


PDM Motor Spares Ltd (Registered number: 08293246)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

PDM Motor Spares Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 40% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

PDM Motor Spares Ltd (Registered number: 08293246)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 December 2023 - 9,248 1,775 11,023
Additions 252 2,700 - 2,952
At 30 November 2024 252 11,948 1,775 13,975
DEPRECIATION
At 1 December 2023 - 8,454 824 9,278
Charge for year 4 384 380 768
At 30 November 2024 4 8,838 1,204 10,046
NET BOOK VALUE
At 30 November 2024 248 3,110 571 3,929
At 30 November 2023 - 794 951 1,745

5. INVENTORIES
30.11.24 30.11.23
£    £   
Stocks 85,260 82,450

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Prepayments 1,425 1,790

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade Creditors 692 4,461
Corporation Tax 7,579 11,980
Social security and other taxes (142 ) (54 )
Pension 47 -
Value Added Tax 7,289 5,571
Directors' current accounts 62,612 39,547
Accrued Expenses - 157
78,077 61,662

PDM Motor Spares Ltd (Registered number: 08293246)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.11.24 30.11.23
£    £   
Other loans - 1-2 years 15,884 25,751

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.24 30.11.23
value: £    £   
100 Ordinary 1 100 100

10. RESERVES
Retained
earnings
£   

At 1 December 2023 54,335
Profit for the year 32,984
Dividends (25,000 )
At 30 November 2024 62,319

PDM Motor Spares Ltd

Report of the Accountants to the Directors of
PDM Motor Spares Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 30 November 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Accountancy Solutions
143 Eastfield Road
Peterborough
Cambridgeshire
PE1 4AU


Date: .............................................