Registered number
07846795
PMUK (London) Limited
Filleted Accounts
30 November 2024
PMUK (London) Limited
Registered number: 07846795
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 26,100 34,800
Current assets
Stocks 1,882 2,030
Debtors 4 185,257 27,038
Cash at bank and in hand 72,661 169,984
259,800 199,052
Creditors: amounts falling due within one year 5 (104,138) (56,405)
Net current assets 155,662 142,647
Net assets 181,762 177,447
Capital and reserves
Called up share capital 100 100
Profit and loss account 181,662 177,347
Shareholders' funds 181,762 177,447
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D R Woolley
Director
Approved by the board on 30 July 2025
PMUK (London) Limited
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 25% reducing balance
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 10 9
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2023 53,140
At 30 November 2024 53,140
Depreciation
At 1 December 2023 18,340
Charge for the year 8,700
At 30 November 2024 27,040
Net book value
At 30 November 2024 26,100
At 30 November 2023 34,800
4 Debtors 2024 2023
£ £
Trade debtors 2,556 1,020
Amounts owed by group undertakings and undertakings in which the company has a participating interest 150,663 -
Other debtors 32,038 26,018
185,257 27,038
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 32,717 23,919
Other creditors 71,421 32,486
104,138 56,405
6 Other information
PMUK (London) Limited is a private company limited by shares and incorporated in England. Its registered office is:
Pennyweights
Kenley
CR8 5HB
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