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Registered number: 04664534
PMC International Logistics Limited
Financial Statements
For The Year Ended 29 March 2025
Affinity Associates (AU) Limited
Suite A, First Floor, Unit 1
Eurogate Business Park, Trinity Road
Ashford
Kent
TN24 8XW
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 04664534
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 71,812 140,882
71,812 140,882
CURRENT ASSETS
Debtors 6 311,274 282,802
Cash at bank and in hand 132 45,695
311,406 328,497
Creditors: Amounts Falling Due Within One Year 7 (245,401 ) (271,866 )
NET CURRENT ASSETS (LIABILITIES) 66,005 56,631
TOTAL ASSETS LESS CURRENT LIABILITIES 137,817 197,513
Creditors: Amounts Falling Due After More Than One Year 8 (37,500 ) (95,632 )
NET ASSETS 100,317 101,881
CAPITAL AND RESERVES
Called up share capital 10 14,100 14,100
Income Statement 86,217 87,781
SHAREHOLDERS' FUNDS 100,317 101,881
Page 1
Page 2
For the year ending 29 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr P McConville
Director
6 October 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
PMC International Logistics Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04664534 . The registered office is C/O Affinity Associates (Au), Eurogate Business Park, Unit 1, Ashford, Kent, TN24 8XW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to income statement over its estimated economic life of 5 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Fixtures & Fittings 33% straight line
2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2024: 6)
8 6
4. Intangible Assets
Goodwill
£
Cost
As at 30 March 2024 50,000
As at 29 March 2025 50,000
Amortisation
As at 30 March 2024 50,000
As at 29 March 2025 50,000
Net Book Value
As at 29 March 2025 -
As at 30 March 2024 -
5. Tangible Assets
Plant & Machinery Fixtures & Fittings Total
£ £ £
Cost
As at 30 March 2024 389,117 12,355 401,472
Additions - 1,438 1,438
Disposals (51,000 ) - (51,000 )
As at 29 March 2025 338,117 13,793 351,910
Depreciation
As at 30 March 2024 250,770 9,820 260,590
Provided during the period 29,827 1,656 31,483
Disposals (11,975 ) - (11,975 )
As at 29 March 2025 268,622 11,476 280,098
Net Book Value
As at 29 March 2025 69,495 2,317 71,812
As at 30 March 2024 138,347 2,535 140,882
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 90,917 106,107
Amounts owed by participating interests 166,625 141,983
Other debtors 53,732 34,712
311,274 282,802
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 6,665 31,206
Trade creditors 9,162 27,800
Bank loans and overdrafts 25,449 23,736
Other creditors 76,753 91,463
Taxation and social security 127,372 97,661
245,401 271,866
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 14,996 53,536
Bank loans 22,504 42,096
37,500 95,632
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,665 31,206
Later than one year and not later than five years 14,996 53,536
21,661 84,742
21,661 84,742
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 14,100 14,100
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