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REGISTERED NUMBER: 09075338 (England and Wales)















Pump Design And Services Limited

Financial Statements for the Period 1 March 2024 to 31 December 2024






Pump Design And Services Limited (Registered number: 09075338)






Contents of the Financial Statements
for the Period 1 March 2024 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pump Design And Services Limited

Company Information
for the Period 1 March 2024 to 31 December 2024







Directors: J Attwood-Jones
L Beattie
P J Lewington
P Warner





Registered office: Building 4.6 Hitech
Frimley 4 Business Park
Camberley
GU16 7SG





Registered number: 09075338 (England and Wales)





Auditors: Menzies LLP, Statutory Auditors
5th Floor Hodge House
114-116 St Mary Street
Cardiff
CF10 1DY

Pump Design And Services Limited (Registered number: 09075338)

Balance Sheet
31 December 2024

2024 2024
Notes £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 43,061 58,390
43,061 58,390

Current assets
Debtors 6 2,076,250 888,078
Cash at bank 141,379 236,765
2,217,629 1,124,843
Creditors
Amounts falling due within one year 7 (1,702,811 ) (730,942 )
Net current assets 514,818 393,901
Total assets less current liabilities 557,879 452,291

Provisions for liabilities (2,429 ) (4,881 )
Net assets 555,450 447,410

Capital and reserves
Called up share capital 100 100
Share premium 43,012 43,012
Retained earnings 512,338 404,298
Shareholders' funds 555,450 447,410

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 7 August 2025 and were signed on its behalf by:





P Warner - Director


Pump Design And Services Limited (Registered number: 09075338)

Notes to the Financial Statements
for the Period 1 March 2024 to 31 December 2024

1. Statutory information

Pump Design And Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Short leasehold - over the term of the lease
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the period 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 period 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.

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.

3. Employees and directors

The average number of employees during the period was 12 (2024 - 11 ) .

Pump Design And Services Limited (Registered number: 09075338)

Notes to the Financial Statements - continued
for the Period 1 March 2024 to 31 December 2024

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 March 2024
and 31 December 2024 10,000
Amortisation
At 1 March 2024
and 31 December 2024 10,000
Net book value
At 31 December 2024 -
At 29 February 2024 -

5. Tangible fixed assets
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
Cost
At 1 March 2024 13,500 137,653 80,826 62,038 294,017
Additions - - - 5,111 5,111
At 31 December 2024 13,500 137,653 80,826 67,149 299,128
Depreciation
At 1 March 2024 1,350 134,030 49,460 50,787 235,627
Charge for period 1,125 1,492 11,744 6,079 20,440
At 31 December 2024 2,475 135,522 61,204 56,866 256,067
Net book value
At 31 December 2024 11,025 2,131 19,622 10,283 43,061
At 29 February 2024 12,150 3,623 31,366 11,251 58,390

6. Debtors: amounts falling due within one year
2024 2024
£    £   
Trade debtors 223,422 242,042
Amounts owed by group undertakings 1,728,545 489,818
Other debtors 42,082 42,162
VAT - 5,395
Prepayments 82,201 108,661
2,076,250 888,078

7. Creditors: amounts falling due within one year
2024 2024
£    £   
Trade creditors 89,789 145,975
Amounts owed to group undertakings 1,425,220 338,196
Tax - 44,528
Social security and other taxes 20,201 15,450
VAT 16,640 -
Other creditors - 2,939
Directors' current accounts - 2,187
Accruals and deferred income 150,961 181,667
1,702,811 730,942

Pump Design And Services Limited (Registered number: 09075338)

Notes to the Financial Statements - continued
for the Period 1 March 2024 to 31 December 2024

8. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2024
£    £   
Within one year 9,714 144,285
Between one and five years 19,428 673,377
29,142 817,662

9. Disclosure under Section 444(5B) of the Companies Act 2006

The Report of the Auditors was qualified on the following basis:

Basis for Qualified Opinion
A qualified opinion is necessary as we have been unable to obtain sufficient appropriate audit evidence concerning opening balances. The financial statements for Pump Design and Services Limited for year end 29 February 2024 were not audited and were not required to be audited, but an audit is required for the period ended 31 December 2024, as the company is a material component of the group audit of Vestum AB.

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law.Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the
financial statements section of our report. We are independent of the company in accordance with the ethical
requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Clive Edwards (Senior Statutory Auditor)
on behalf of Haines Watts LLP Menzies LLP, Statutory Auditors

10. Ultimate parent company

The immediate parent company is PDAS Holdings Ltd. The ultimate parent company is Vestum AB (publ), incorporated in Sweden.