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Company Registration No. 12438729 (England and Wales)
PEM BUILDERS LIMITED Unaudited accounts for the year ended 28 February 2025
PEM BUILDERS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PEM BUILDERS LIMITED Company Information for the year ended 28 February 2025
Director
Atanas Nikolov
Company Number
12438729 (England and Wales)
Registered Office
8 SUTTON COURT BRIGHTON ROAD SUTTON SM2 5BP ENGLAND
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PEM BUILDERS LIMITED Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,144
6,217
Current assets
Debtors
5
-
2,375
Cash at bank and in hand
1,643
1,163
1,643
3,538
Creditors: amounts falling due within one year
6
(3,176)
(6,189)
Net current liabilities
(1,533)
(2,651)
Total assets less current liabilities
2,611
3,566
Creditors: amounts falling due after more than one year
7
(3,006)
(4,824)
Net liabilities
(395)
(1,258)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(495)
(1,358)
Shareholders' funds
(395)
(1,258)
For the 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. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 November 2025 and were signed on its behalf by
Atanas Nikolov Director Company Registration No. 12438729
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PEM BUILDERS LIMITED Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
PEM BUILDERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12438729. The registered office is 8 SUTTON COURT, BRIGHTON ROAD, SUTTON, SM2 5BP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Motor vehicle and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
SLM 25%
4
Tangible fixed assets
Motor vehicles
£
Cost or valuation
At cost
At 1 March 2024
8,290
At 28 February 2025
8,290
Depreciation
At 1 March 2024
2,073
Charge for the year
2,073
At 28 February 2025
4,146
Net book value
At 28 February 2025
4,144
At 29 February 2024
6,217
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
2,375
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PEM BUILDERS LIMITED Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
1,474
5,674
Loans from directors
1,702
515
3,176
6,189
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
2,667
4,667
Taxes and social security
339
157
3,006
4,824
8
Average number of employees
During the year the average number of employees was 2 (2024: 3).
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