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Company Registration No. SC368505 (Scotland)
PM Construction (Glasgow) Limited Unaudited accounts for the year ended 31 December 2024
PM Construction (Glasgow) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PM Construction (Glasgow) Limited Company Information for the year ended 31 December 2024
Directors
Peter McCluskey Stephen McCluskey
Company Number
SC368505 (Scotland)
Registered Office
Red Tree Magenta, 270 Glasgow Road Rutherglen Glasgow G73 1SA Scotland
Accountants
Calculo Ltd Eastworks Gateway Court Glasgow G40 4DS
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PM Construction (Glasgow) Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
32,387 
15,900 
Current assets
Debtors
5
25,104 
102,109 
Cash at bank and in hand
21,832 
29,239 
46,936 
131,348 
Creditors: amounts falling due within one year
6
(29,021)
(79,978)
Net current assets
17,915 
51,370 
Net assets
50,302 
67,270 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
50,202 
67,170 
Shareholders' funds
50,302 
67,270 
For the year ending 31 December 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 22 August 2025 and were signed on its behalf by
Stephen McCluskey Director Company Registration No. SC368505
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PM Construction (Glasgow) Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PM Construction (Glasgow) Limited is a private company, limited by shares, registered in Scotland, registration number SC368505. The registered office is Red Tree Magenta, 270 Glasgow Road, Rutherglen, Glasgow, G73 1SA, Scotland.
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
20% reducing balance
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
26,985 
37,245 
- 
1,538 
65,768 
Additions
- 
- 
20,000 
- 
20,000 
At 31 December 2024
26,985 
37,245 
20,000 
1,538 
85,768 
Depreciation
At 1 January 2024
26,985 
21,345 
- 
1,538 
49,868 
Charge for the year
- 
3,180 
333 
- 
3,513 
At 31 December 2024
26,985 
24,525 
333 
1,538 
53,381 
Net book value
At 31 December 2024
- 
12,720 
19,667 
- 
32,387 
At 31 December 2023
- 
15,900 
- 
- 
15,900 
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PM Construction (Glasgow) Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,104 
72,635 
Other debtors
- 
29,474 
25,104 
102,109 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
15,229 
24,240 
VAT
11,381 
16,772 
Taxes and social security
2,411 
3,228 
Loans from directors
- 
35,738 
29,021 
79,978 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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