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REGISTERED NUMBER: 01225495 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

P.M.S. (INSTRUMENTS) LIMITED

P.M.S. (INSTRUMENTS) LIMITED (REGISTERED NUMBER: 01225495)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P.M.S. (INSTRUMENTS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: A J Webb





SECRETARY: Mrs R R Webb





REGISTERED OFFICE: Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG





REGISTERED NUMBER: 01225495 (England and Wales)

P.M.S. (INSTRUMENTS) LIMITED (REGISTERED NUMBER: 01225495)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,716 8,295

CURRENT ASSETS
Stocks 68,136 64,361
Debtors 5 31,044 39,223
Cash at bank and in hand 145,902 189,050
245,082 292,634
CREDITORS
Amounts falling due within one year 6 82,126 68,047
NET CURRENT ASSETS 162,956 224,587
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,672

232,882

CAPITAL AND RESERVES
Called up share capital 545 545
Capital redemption reserve 205 205
Retained earnings 169,922 232,132
SHAREHOLDERS' FUNDS 170,672 232,882

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

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

The director acknowledges his 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.

P.M.S. (INSTRUMENTS) LIMITED (REGISTERED NUMBER: 01225495)

BALANCE SHEET - continued
30 SEPTEMBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 June 2025 and were signed by:





A J Webb - Director


P.M.S. (INSTRUMENTS) LIMITED (REGISTERED NUMBER: 01225495)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

P.M.S (Instruments) Limited is a private company, limited by shares, registered in England and Wales. The registered office is 26 Queen Victoria Street, Reading, Berkshire, RG1 1TG.

The principal activity of the company is that of providing repairs and support services for a range of specialist medical instruments, and the distribution, marketing and sales for a range of specialised medical instruments, computer software and hardware.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

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

Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services when the right to consideration is obtained through performance.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and Straight line over the lease term

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

P.M.S. (INSTRUMENTS) LIMITED (REGISTERED NUMBER: 01225495)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at transaction price, less any impairment. Short term creditors are measured at transaction price

Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

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

P.M.S. (INSTRUMENTS) LIMITED (REGISTERED NUMBER: 01225495)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fittings
Improvements and
to Office Computer
property Equipment equipment Totals
£    £    £    £   
COST
At 1 October 2023 13,207 9,872 14,475 37,554
Additions - - 4,831 4,831
At 30 September 2024 13,207 9,872 19,306 42,385
DEPRECIATION
At 1 October 2023 7,784 8,518 12,957 29,259
Charge for year 2,641 1,354 1,415 5,410
At 30 September 2024 10,425 9,872 14,372 34,669
NET BOOK VALUE
At 30 September 2024 2,782 - 4,934 7,716
At 30 September 2023 5,423 1,354 1,518 8,295

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 22,840 33,356
Other debtors 8,204 5,867
31,044 39,223

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 45,409 25,927
Taxation and social security 34,677 40,080
Other creditors 2,040 2,040
82,126 68,047

7. LEASING AGREEMENTS
As at the 30 September 2024, the company had total commitments contracted for but not provided for in these financial statements of £12,333 (2023 - £30,833).