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REGISTERED NUMBER: 05366058 (England and Wales)










Unaudited Financial Statements

for the Year Ended 28 February 2025

for

P.A.M.(GB) Limited

P.A.M.(GB) Limited (Registered number: 05366058)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P.A.M.(GB) Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: C Harding
B Harding





SECRETARY: C Harding





REGISTERED OFFICE: C/O. 12 St. Mary's Court
Horden
Peterlee
Co. Durham
SR8 4DQ





REGISTERED NUMBER: 05366058 (England and Wales)





ACCOUNTANTS: SKS Bailey Group Limited
Wynyard Business Park
Wynyard Avenue
Billingham
Cleveland
TS22 5TB

P.A.M.(GB) Limited (Registered number: 05366058)

Balance Sheet
28 February 2025

2025 2024
Notes £    £   
Fixed assets
Tangible assets 3 115,500 115,500

Current assets
Debtors 4 22,022 10,022
Investments 5 48,407 27,179
Prepayments and accrued income 2,291 -
Cash at bank 63,221 75,008
135,941 112,209
Creditors
Amounts falling due within one year 6 (251,608 ) (251,749 )
Net current liabilities (115,667 ) (139,540 )
Total assets less current liabilities (167 ) (24,040 )

Capital and reserves
Called up share capital 2 2
Retained earnings (169 ) (24,042 )
(167 ) (24,040 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 18 July 2025 and were signed on its behalf by:





C Harding - Director


P.A.M.(GB) Limited (Registered number: 05366058)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. 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.

TANGIBLE FIXED ASSETS
No depreciation provided on Freehold property.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

GOING CONCERN
The financial statements have been prepared on a going concern basis, the directors believe this assumption to be appropriate based on the continuing financial support of the company's directors.

If the going concern basis was not appropriate, adjustments would have to be made to restate the value of the assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

P.A.M.(GB) Limited (Registered number: 05366058)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

3. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 March 2024
and 28 February 2025 115,500
NET BOOK VALUE
At 28 February 2025 115,500
At 29 February 2024 115,500

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 22,022 10,022

5. CURRENT ASSET INVESTMENTS
2025 2024
£    £   
Unlisted investments 48,407 27,179

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 100 -
Directors' current accounts 250,638 250,945
Accrued expenses 870 804
251,608 251,749