PMC Lead Logistics LLP

	Page
Statement of Financial Position	1—2
Reconciliation of Members' Interests	3—4
Notes to the Financial Statements	4—5

Registered number: OC356751

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		50,509		22,833

			50,509		22,833
CURRENT ASSETS
Debtors	5	55,876		47,299
Cash at bank and in hand		659		5,605

		56,535		52,904
Creditors: Amounts Falling Due Within One Year	6	(262,397 )		(238,229 )

NET CURRENT ASSETS (LIABILITIES)			(205,862 )		(185,325 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(155,353 )		(162,492 )

Creditors: Amounts Falling Due After More Than One Year	7		(29,015 )		(9,469 )

NET LIABILITIES ATTRIBUTABLE TO MEMBERS			(184,368 )		(171,961 )

REPRESENTED BY:
Loans and other debts due to members
Members' capital classified as a liability		(184,245)		(171,961)

			(184,245)		(171,961)

Equity
Members' other interests
Other reserves		(123)		-

			(123)		-

			(184,368)		(171,961)

TOTAL MEMBERS' INTEREST
Loans and other debts due to members			(184,245)		(171,961)
Members' other interests			(123)		-

			(184,368)		(171,961)

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PMC Lead Logistics LLP

Statement of Financial Position (continued)

As At 31 March 2025

For the year ending 31 March 2025 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Income Statement.

On behalf of the members

Mr P McConville

Designated Member

6 October 2025

The notes on pages 4 to 5 form part of these financial statements.

	EQUITY	DEBT
	Members' other interests	Loans and other debts due to members less any amounts due from members in debtors
	Other Reserves	Members'Capital classified as Debt	Total members' interest
	£	£	£
Amounts due to members	-	(30,506)	-

Balance at 1 April 2023	-	(30,506)	(30,506)
Profit/(loss) for the financial year available for discretionary division among members	(24,653 )	-	(24,653 )

Members' interests after profit/(loss) for the year	(24,653)	(30,506)	(55,159)
Repayment of Capital	-	(24,653)	(24,653)
Repayment of debt (including members' capital classified as liability)	-	(116,802)	(116,802)
Other Movements	24,653	-	24,653

Amounts due to members	-	(171,961)	-

As at 31 March 2024 and 1 April 2024	-	(171,961)	(171,961)


Profit/(loss) for the financial year available for discretionary division among members	(17,835 )	-	(17,835 )

Members' interests after profit/(loss) for the year	(17,835)	(171,961)	(189,796)
Repayment of Capital	-	(17,712)	(17,712)
Repayment of debt (including members' capital classified as liability)	-	5,428	5,428
Other Movements	17,712	-	17,712

Amounts due to members	-	(184,245)	-

As at 31 March 2025	(123)	(184,245)	(184,368)

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PMC Lead Logistics LLP

Notes to the Financial Statements

For The Year Ended 31 March 2025

1. General Information

PMC Lead Logistics LLP is a limited liability partnership, incorporated in England & Wales, registered number OC356751 . 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 are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in December 2021 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

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. 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:

Motor Vehicles

20% straight line

2.4. 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 LLP. 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.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2024: 2)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 1 April 2024	128,834
Additions	42,893

As at 31 March 2025	171,727

Depreciation
As at 1 April 2024	106,001
Provided during the period	15,217

As at 31 March 2025	121,218

Net Book Value
As at 31 March 2025	50,509

As at 1 April 2024	22,833

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PMC Lead Logistics LLP

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	40,746	37,797
Other debtors	15,130	9,502

	55,876	47,299

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	14,492	12,675
Trade creditors	11,286	15,363
Bank loans and overdrafts	10,929	10,929
Other creditors	203,928	174,857
Taxation and social security	21,762	24,405

	262,397	238,229

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	27,822	1,294
Bank loans	1,193	8,175

	29,015	9,469

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	14,492	12,675
Later than one year and not later than five years	27,822	1,294

	42,314	13,969

	42,314	13,969

9. Related Party Transactions

At 31 March 2025, the company owed £166,625 (2024 - £141,983) to PMC International Logistics Ltd in which Mr P McConville, a member, has a significant interest.

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