Company Registration No. 11676897 (England and Wales)
PGM FISHMONGERS LIMITED
Unaudited accounts
for the year ended 30 November 2024
PGM FISHMONGERS LIMITED
Statement of financial position
as at 30 November 2024
Tangible assets
23,500
26,200
Cash at bank and in hand
4,065
2,729
Creditors: amounts falling due within one year
(73,767)
(39,452)
Net current assets
4,868
26,741
Total assets less current liabilities
28,368
52,941
Creditors: amounts falling due after more than one year
(5,035)
(20,787)
Called up share capital
1
1
Capital contribution reserve
20,000
30,000
Profit and loss account
3,332
2,153
Shareholders' funds
23,333
32,154
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 28 August 2025 and were signed on its behalf by
ANTONY THOMAS KAREKKATT
Director
Company Registration No. 11676897
PGM FISHMONGERS LIMITED
Notes to the Accounts
for the year ended 30 November 2024
PGM FISHMONGERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11676897. The registered office is 39 STATION ROAD, HARROW, HA1 2UA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible Assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates to write off the assets over their estimated useful lives:
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 the statement of comprehensive income.
Plant & Machinery: Depreciation is charged on straight-line method and allocated the cost of asset less residual value over their estimated useful life. Useful life of the asset is estimated as 5 years and depreciated at 20%
Motor Vehicles: Depreciation is charged on straight-line method and allocated the cost of asset less residual value over their estimated useful life. Useful life of the asset is estimated as 5 years and depreciated at 20%
PGM FISHMONGERS LIMITED
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2023
68,000
-
68,000
At 30 November 2024
68,000
8,500
76,500
At 1 December 2023
41,800
-
41,800
Charge for the year
11,200
-
11,200
At 30 November 2024
53,000
-
53,000
At 30 November 2024
15,000
8,500
23,500
At 30 November 2023
26,200
-
26,200
Amounts falling due within one year
Trade debtors
43,420
30,150
Amounts falling due after more than one year
Accrued income and prepayments
9,900
9,900
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,320
10,560
Obligations under finance leases and hire purchase contracts
-
24,180
Taxes and social security
4,336
3,462
Other creditors
1,495
1,250
Loans from directors
4,900
-
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
6,874
8
Average number of employees
During the year the average number of employees was 8 (2023: 6).