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Company Registration No. 11923875 (England and Wales)
PM AUTOTECH LIMITED Unaudited accounts for the year ended 31 March 2025
PM AUTOTECH LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PM AUTOTECH LIMITED Company Information for the year ended 31 March 2025
Director
Paul Mitchell
Company Number
11923875 (England and Wales)
Registered Office
44 FOREST CLOSE CRAWLEY DOWN CRAWLEY RH10 4LU ENGLAND
Accountants
Balancing the Books TB3 Little Tapnage Titchfield Lane Fareham Hampshire PO17 5PQ
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PM AUTOTECH LIMITED Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
9,411
12,359
Current assets
Debtors
5
473
706
Cash at bank and in hand
19,107
13,445
19,580
14,151
Creditors: amounts falling due within one year
6
(11,015)
(11,753)
Net current assets
8,565
2,398
Total assets less current liabilities
17,976
14,757
Creditors: amounts falling due after more than one year
7
(12,741)
(15,241)
Net assets/(liabilities)
5,235
(484)
Capital and reserves
Called up share capital
10
10
Profit and loss account
5,225
(494)
Shareholders' funds
5,235
(484)
For the year ending 31 March 2025 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 director acknowledges his 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 and authorised for issue on 2 September 2025 and were signed on its behalf by
Paul Mitchell Director Company Registration No. 11923875
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PM AUTOTECH LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
PM AUTOTECH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11923875. The registered office is 44 FOREST CLOSE, CRAWLEY DOWN, CRAWLEY, RH10 4LU, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
20% Reducing Balance
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
5,133
23,005
874
29,012
At 31 March 2025
5,133
23,005
874
29,012
Depreciation
At 1 April 2024
3,020
13,063
570
16,653
Charge for the year
865
1,989
94
2,948
At 31 March 2025
3,885
15,052
664
19,601
Net book value
At 31 March 2025
1,248
7,953
210
9,411
At 31 March 2024
2,113
9,942
304
12,359
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PM AUTOTECH LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
473
-
Amounts falling due after more than one year
Trade debtors
-
706
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
2,500
2,500
VAT
2,682
2,774
Trade creditors
3,718
5,743
Taxes and social security
6,480
5,328
Loans from directors
(4,865)
(5,067)
Accruals
500
475
11,015
11,753
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
12,741
15,241
8
Loans to directors
Unsecured, interest-free and, repayable on demand
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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