Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.12023-12-01falseHolding company1truetruefalse 06634453 2023-12-01 2024-11-30 06634453 2022-12-01 2023-11-30 06634453 2024-11-30 06634453 2023-11-30 06634453 c:Director1 2023-12-01 2024-11-30 06634453 d:ComputerEquipment 2023-12-01 2024-11-30 06634453 d:ComputerEquipment 2024-11-30 06634453 d:ComputerEquipment 2023-11-30 06634453 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 06634453 d:CurrentFinancialInstruments 2024-11-30 06634453 d:CurrentFinancialInstruments 2023-11-30 06634453 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 06634453 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 06634453 d:ShareCapital 2024-11-30 06634453 d:ShareCapital 2023-11-30 06634453 d:RetainedEarningsAccumulatedLosses 2024-11-30 06634453 d:RetainedEarningsAccumulatedLosses 2023-11-30 06634453 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-11-30 06634453 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-11-30 06634453 c:FRS102 2023-12-01 2024-11-30 06634453 c:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 06634453 c:FullAccounts 2023-12-01 2024-11-30 06634453 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 06634453 4 2023-12-01 2024-11-30 06634453 6 2023-12-01 2024-11-30 06634453 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 06634453










PMP OPERATIONS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
PMP OPERATIONS LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OFPMP OPERATIONS LTD
FOR THE YEAR ENDED 30 NOVEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PMP Operations Ltd for the year ended 30 November 2024 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the Board of Directors of PMP Operations Ltd, as a body, in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of PMP Operations Ltd and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PMP Operations Ltd and its  Board of Directors, as a body, for our work or for this report.
 
 
It is your duty to ensure that PMP Operations Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit. You consider that PMP Operations Ltd is exempt from the statutory audit requirement for the .
 
 
We have not been instructed to carry out an audit or review of the financial statements of PMP Operations Ltd. 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 financial statements.





Shipleys Tax Planning

12 August 2025
Page 1

 
PMP OPERATIONS LTD
REGISTERED NUMBER: 06634453

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
397
-

Investments
 5 
-
535,000

  
397
535,000

Current assets
  

Cash at bank and in hand
 6 
526,854
-

  
526,854
-

Creditors: amounts falling due within one year
 7 
(42,285)
(336,635)

Net current assets/(liabilities)
  
 
 
484,569
 
 
(336,635)

Total assets less current liabilities
  
484,966
198,365

  

Net assets
  
484,966
198,365


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
483,966
197,365

  
484,966
198,365


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 August 2025.




P Patel
Director
Page 2

 
PMP OPERATIONS LTD
REGISTERED NUMBER: 06634453

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024


The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
PMP OPERATIONS LTD
 

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

1.


General information

PMP Operations Ltd is a company domiciled in England & Wales, registration number 06634453. The registered office is 20 Cavendish Avenue, Woodford Green, IG8 9DA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.4

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
PMP OPERATIONS LTD
 

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

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 5

 
PMP OPERATIONS LTD
 

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

4.


Tangible fixed assets





Computer equipment

£



Cost or valuation


Additions
595



At 30 November 2024

595



Depreciation


Charge for the year on owned assets
198



At 30 November 2024

198



Net book value



At 30 November 2024
397



At 30 November 2023
-


5.


Fixed asset investments





Investments in subsidiary companies

£





At 1 December 2023
535,000


Disposals
(535,000)



At 30 November 2024
-





6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
526,854
-

526,854
-


Page 6

 
PMP OPERATIONS LTD
 

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

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
-
240,471

Corporation tax
12,473
12,370

Other creditors
24,412
77,794

Accruals and deferred income
5,400
6,000

42,285
336,635



8.


Financial instruments

2024
2023
£
£

Financial assets


Financial assets measured at fair value through profit or loss
526,854
-




Financial assets measured at fair value through profit or loss comprise of cash at bank and in hand.


9.


Related party transactions

During the year the company repaid it's subsidiary company A R Parmar Ltd £240,471. At the balance sheet date other creditors included £NIL (2023: £240,471) as amounts owed to A R Parmar Ltd.
During the year the company repaid the director Purav Patel £53,382 
(2023: £81,579). At the balance sheet date other creditors included £24,412 (2023: £77,794) as amounts owed to the director.


10.


Controlling party

The company is controlled by the directors Purav Patel and Sukhjinder Patel.


Page 7