PM SIXTY SIXTY LTD


Directors	BEAUMONT, Ian
	BEAUMONT, Paula Elizabeth


Company Secretary	BEAUMONT, Ian


Registered Address	Hangerfield Cottage Church Lane
	Witley
	Godalming
	GU8 5PR


Registered Number	06495075 (England and Wales)

Statement of Financial Position
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		17,075		23,081
			17,075		23,081
Current assets
Stocks	4	140,524		179,949
Debtors		26,058		39,175
Cash at bank and on hand		25,006		8,202
		191,588		227,326
Creditors amounts falling due within one year	5	(54,795)		(57,508)
Net current assets (liabilities)			136,793		169,818
Total assets less current liabilities			153,868		192,899
Net assets			153,868		192,899
Capital and reserves
Called up share capital			3		3
Profit and loss account			153,865		192,896
Shareholders' funds			153,868		192,899

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 14 August 2025, and are signed on its behalf by:

BEAUMONT, Ian
Director

BEAUMONT, Paula Elizabeth
Director

Registered Company No. 06495075

PM SIXTY SIXTY LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The company continues to adopt the going concern basis in preparing its financial statements.

	Revenue from sale of goods
	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.

Revenue from sale of goods

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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Vehicles	5
	Office Equipment	3

	Stocks and work in progress
	Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	5		6

3.	Tangible fixed assets

	Vehicles	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 February 24	26,448	9,681	36,129
At 31 January 25	26,448	9,681	36,129
Depreciation and impairment
At 01 February 24	5,730	7,318	13,048
Charge for year	5,290	716	6,006
At 31 January 25	11,020	8,034	19,054
Net book value
At 31 January 25	15,428	1,647	17,075
At 31 January 24	20,718	2,363	23,081

4.	Stocks

	2025	2024
	£	£
Other stocks	140,524	179,949
Total	140,524	179,949

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	46,799	29,580
Taxation and social security	30	21,859
Other creditors	7,067	5,169
Accrued liabilities and deferred income	899	900
Total	54,795	57,508


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.