IRIS Accounts Production v25.3.0.601 10679097 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Fair value model Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10679097 2024-03-31 10679097 2025-03-31 10679097 2024-04-01 2025-03-31 10679097 2023-03-31 10679097 2023-04-01 2024-03-31 10679097 2024-03-31 10679097 ns15:EnglandWales 2024-04-01 2025-03-31 10679097 ns14:PoundSterling 2024-04-01 2025-03-31 10679097 ns10:Director1 2024-04-01 2025-03-31 10679097 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10679097 ns10:SmallEntities 2024-04-01 2025-03-31 10679097 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 10679097 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 10679097 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10679097 ns10:FullAccounts 2024-04-01 2025-03-31 10679097 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 10679097 ns10:OrdinaryShareClass2 2024-04-01 2025-03-31 10679097 ns10:OrdinaryShareClass3 2024-04-01 2025-03-31 10679097 ns10:OrdinaryShareClass4 2024-04-01 2025-03-31 10679097 ns10:Director2 2024-04-01 2025-03-31 10679097 ns10:RegisteredOffice 2024-04-01 2025-03-31 10679097 ns5:CurrentFinancialInstruments 2025-03-31 10679097 ns5:CurrentFinancialInstruments 2024-03-31 10679097 ns5:Non-currentFinancialInstruments 2025-03-31 10679097 ns5:Non-currentFinancialInstruments 2024-03-31 10679097 ns5:ShareCapital 2025-03-31 10679097 ns5:ShareCapital 2024-03-31 10679097 ns5:RevaluationReserve 2025-03-31 10679097 ns5:RevaluationReserve 2024-03-31 10679097 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 10679097 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 10679097 ns5:PlantMachinery 2024-04-01 2025-03-31 10679097 ns5:PlantMachinery 2024-03-31 10679097 ns5:PlantMachinery 2025-03-31 10679097 ns5:PlantMachinery 2024-03-31 10679097 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 10679097 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 10679097 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-03-31 10679097 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2024-03-31 10679097 ns5:Secured 2025-03-31 10679097 ns5:Secured 2024-03-31 10679097 ns10:OrdinaryShareClass1 2025-03-31 10679097 ns10:OrdinaryShareClass2 2025-03-31 10679097 ns10:OrdinaryShareClass3 2025-03-31 10679097 ns10:OrdinaryShareClass4 2025-03-31 10679097 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 10679097 ns5:RevaluationReserve 2024-03-31 10679097 ns5:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 10679097 ns5:RevaluationReserve 2024-04-01 2025-03-31

REGISTERED NUMBER: 10679097 (England and Wales)

PVM CONSULTING LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

PVM CONSULTING LIMITED (REGISTERED NUMBER: 10679097)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

PVM CONSULTING LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Mrs V H Muir

| P D Muir

| REGISTERED OFFICE: | 2nd Floor, One Hobbs House

| Harrovian Business Village

| Bessborough Road

| Harrow

| HA1 3EX

| REGISTERED NUMBER: | 10679097 (England and Wales)

| ACCOUNTANTS: | Albury Associates Limited

| 2nd Floor, One Hobbs House,

| Harrovian Business Village

| Bessborough Road

| Harrow

| Middlesex

| HA1 3EX

PVM CONSULTING LIMITED (REGISTERED NUMBER: 10679097)

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | 2,215 |  |

Investment property | 5 | 452,681 |  | 471,000 |  |

452,681 |  | 473,215 |  |

CURRENT ASSETS

Debtors | 6 | 32,500 |  | 32,500 |  |

Cash at bank | 7,813 |  | 9,543 |  |

40,313 |  | 42,043 |  |

CREDITORS

Amounts falling due within one year | 7 | 296,099 |  | 306,671 |  |

NET CURRENT LIABILITIES | (255,786 | ) | (264,628 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 196,895 |  | 208,587 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (164,250 | ) | (164,250 | ) |

PROVISIONS FOR LIABILITIES | - |  | (3,481 | ) |

NET ASSETS | 32,645 |  | 40,856 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 400 |  | 400 |  |

Revaluation reserve | 11 | - |  | 14,838 |  |

Retained earnings | 11 | 32,245 |  | 25,618 |  |

SHAREHOLDERS' FUNDS | 32,645 |  | 40,856 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PVM CONSULTING LIMITED (REGISTERED NUMBER: 10679097)

BALANCE SHEET - continued

31 MARCH 2025

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2025 and were signed on its behalf by:

P D Muir - Director

PVM CONSULTING LIMITED (REGISTERED NUMBER: 10679097)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| PVM Consulting 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Revenues are recognised when the rental properties are occupied by tenants.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery etc | - | 33% on cost and 25% on cost

| Investment property

| Although the Companies Act require the systematic annual depreciation of fixed assets, the directors believe the policy of not providing depreciation is necessary in order for the financial statements to give a true and fair view, since the current value of properties, and changes to that value, are of primary importance rather a calculation of systematic annual depreciation. Depreciation is only one of the many factors reflected in the annual valuation and the amount that might otherwise have been included cannot be separately identified or quantified.

| Taxation

| Taxation for the year 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 year 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

PVM CONSULTING LIMITED (REGISTERED NUMBER: 10679097)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 7,450 |  |

| DEPRECIATION

| At 1 April 2024 | 5,235 |  |

| Charge for year | 2,215 |  |

| At 31 March 2025 | 7,450 |  |

| NET BOOK VALUE

| At 31 March 2025 | - |  |

| At 31 March 2024 | 2,215 |  |

5. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 April 2024 | 471,000 |  |

| Impairments | (18,319 | ) |

| At 31 March 2025 | 452,681 |  |

| NET BOOK VALUE

| At 31 March 2025 | 452,681 |  |

| At 31 March 2024 | 471,000 |  |

| Fair value at 31 March 2025 is represented by:

£ |

| Valuation in 2023 | 452,681 |  |

| Valuation in 2024 | 18,319 |  |

| Valuation in 2025 | (18,319 | ) |

452,681 |  |

| The investment properties comprise two separate properties. One of the leasehold properties was revalued by the Directors at the year end to its fair value of £227,681, based on their online research. The fair value is equal to the property’s original cost, and the Directors consider this to be a reasonable reflection of market conditions, given the static nature of the property market in recent periods. The other investment property continues to be stated at cost.

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 32,500 |  | 32,500 |  |

PVM CONSULTING LIMITED (REGISTERED NUMBER: 10679097)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 1,999 |  | 2,258 |  |

| Other creditors | 294,100 |  | 304,413 |  |

296,099 |  | 306,671 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | 164,250 |  | 164,250 |  |

| Amounts falling due in more than five years:

| Repayable otherwise than by instalments

| Other loans more 5yrs non-inst | 164,250 |  | 164,250 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Other loans | 164,250 |  | 164,250 |  |

| Other loan is secured by way of a fixed charge over the company's property Flat 142, 411 Digbeth Square, Birmingham, B12 0QD.

10. | CALLED UP SHARE CAPITAL

| Allotted and issued:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary A | £1 | 100 |  | 100 |  |

| 100 | Ordinary B | £1 | 100 |  | 100 |  |

| 100 | Ordinary C | £1 | 100 |  | 100 |  |

| 100 | Ordinary D | £1 | 100 |  | 100 |  |

400 |  | 400 |  |

| The issued Share Capital rank pari passu in all respects.

11. | RESERVES

| Retained |  | Revaluation |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 April 2024 | 25,618 |  | 14,838 |  | 40,456 |  |

| Profit for the year | 6,627 |  | 6,627 |  |

| Revaluation during the year | - |  | (14,838 | ) | (14,838 | ) |

| At 31 March 2025 | 32,245 |  | - |  | 32,245 |  |

PVM CONSULTING LIMITED (REGISTERED NUMBER: 10679097)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

12. | RELATED PARTY DISCLOSURES

| At the year end, included within creditors, amount falling due within one year, is an amount of £99,461 (2023: £115,317) owed to the director V H Muir.

| At the year end, included within creditors, amount falling due within one year, is an amount of £190,390 (2023: £185,021) owed to the director P D Muir.

| These amounts are unsecured, interest free and repayable on demand.

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling parties are Paul Muir and Victoria Muir.