1 1 PBM Professional Services Ltd 08386995 false 2024-03-01 2025-02-28 2025-02-28 The principal activity of the company is management consultancy activities. Digita Accounts Production Advanced 6.30.9574.0 true true 08386995 2024-03-01 2025-02-28 08386995 2025-02-28 08386995 bus:Director1 1 2025-02-28 08386995 bus:OrdinaryShareClass1 2025-02-28 08386995 core:CurrentFinancialInstruments 2025-02-28 08386995 core:CurrentFinancialInstruments core:WithinOneYear 2025-02-28 08386995 core:FurnitureFittingsToolsEquipment 2025-02-28 08386995 bus:SmallEntities 2024-03-01 2025-02-28 08386995 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 08386995 bus:FilletedAccounts 2024-03-01 2025-02-28 08386995 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 08386995 bus:RegisteredOffice 2024-03-01 2025-02-28 08386995 bus:Director1 2024-03-01 2025-02-28 08386995 bus:Director1 1 2024-03-01 2025-02-28 08386995 bus:OrdinaryShareClass1 2024-03-01 2025-02-28 08386995 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 08386995 bus:Agent1 2024-03-01 2025-02-28 08386995 core:FurnitureFittingsToolsEquipment 2024-03-01 2025-02-28 08386995 core:OfficeEquipment 2024-03-01 2025-02-28 08386995 countries:EnglandWales 2024-03-01 2025-02-28 08386995 2024-02-29 08386995 bus:Director1 1 2024-02-29 08386995 core:FurnitureFittingsToolsEquipment 2024-02-29 08386995 2023-03-01 2024-02-29 08386995 2024-02-29 08386995 bus:Director1 1 2024-02-29 08386995 bus:OrdinaryShareClass1 2024-02-29 08386995 core:CurrentFinancialInstruments 2024-02-29 08386995 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 08386995 core:FurnitureFittingsToolsEquipment 2024-02-29 08386995 bus:Director1 1 2023-03-01 2024-02-29 08386995 bus:Director1 1 2023-02-28 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 08386995

PBM Professional Services Ltd
Unaudited Filleted Financial Statements
for the Year Ended 28 February 2025

PBM Professional Services Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

PBM Professional Services Ltd

Company Information

Director | Mr Alan Proctor

Registered office | 18 Angelica Way Thornhill Cardiff Glamorgan CF14 9FJ

Accountants | Michaelides Warner & Co 102 Fulham Palace Road London W6 9PL

PBM Professional Services Ltd

(Registration number: 08386995)
Balance Sheet as at 28 February 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,342 | 1,542
Current assets |  |  |
Debtors | 5 | 21,554 | 17,496
Cash at bank and in hand |  | 170,543 | 146,081
|  | 192,097 | 163,577
Creditors: Amounts falling due within one year | 6 | (32,093) | (30,867)
Net current assets |  | 160,004 | 132,710
Net assets |  | 161,346 | 134,252
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 161,246 | 134,152
Shareholders' funds |  | 161,346 | 134,252

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 November 2025

......................................... Mr Alan Proctor Director

PBM Professional Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
18 Angelica Way
Thornhill
Cardiff
Glamorgan
CF14 9FJ
Wales

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements

The directors consider that there are no key judgements that management have made in the process of applying the company’s accounting policies and that may have had a significant effect on the amounts recognised in the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

PBM Professional Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office equipment | 25% Straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like investments, trade and other receivables, cash and bank balances, trade and other creditors.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or cash consolidation expected to be paid or received.

PBM Professional Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 March 2024 | 3,486 | 3,486
At 28 February 2025 | 3,486 | 3,486
Depreciation
At 1 March 2024 | 1,944 | 1,944
Charge for the year | 200 | 200
At 28 February 2025 | 2,144 | 2,144
Carrying amount
At 28 February 2025 | 1,342 | 1,342
At 29 February 2024 | 1,542 | 1,542

5 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 21,554 | 17,496

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | - | 97
Taxation and social security | 31,133 | 20,462
Accruals and deferred income | 960 | 960
Other creditors | - | 9,348
| 32,093 | 30,867

PBM Professional Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

8 | Related party transactions

Included within other debtors are amounts owed from the Director of £332 (2024 - £9,347). The loan is repayable on demand.

Transactions with the director

2025 | At 1 March 2024 £ | Advances to director £ | At 28 February 2025 £
Mr Alan Proctor
Amounts owed to/( from) the director | 9,347 | (9,679) | (332)

2024 | At 1 March 2023 £ | Repayments by director £ | At 29 February 2024 £
Mr Alan Proctor
Amounts owed to/( from) the director | 7,286 | 2,061 | 9,347