PAYROLL MANAGEMENT SOLUTIONS LIMITED

Company Registration Number:
08295239 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Company Information

for the Period Ended 31 March 2025




Director: Stephen Booty
Deborah Booty
Registered office: 51
Colegate
St Georges Works
Norwich
England
NR3 1DD
Company Registration Number: 08295239 (England and Wales)

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Directors' Report Period Ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from 01 April 2024 to 31 March 2025
Stephen Booty
Deborah Booty

This report was approved by the board of directors on 29 November 2025
And Signed On Behalf Of The Board By:

Name: Stephen Booty
Status: Director

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Profit and Loss Account

for the Period Ended 31 March 2025


Notes

2025
£

2024
£
Gross Profit or (Loss) 94,767 101,373
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 66,378 ) ( 64,952 )
Operating Profit or (Loss) 28,389 36,421
Interest Receivable and Similar Income 11,802 9,133
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 40,191 45,554
Tax on Profit ( 7,636 ) ( 8,655 )
Profit or (Loss) for Period 32,555 36,899

The notes form part of these financial statements

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Balance sheet

As at 31 March 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 4 401 472
Total fixed assets: 401 472
Current assets
Debtors: 17,066 19,001
Cash at bank and in hand: 212,645 240,331
Total current assets: 229,711 259,332
Creditors: amounts falling due within one year: ( 13,952 ) ( 16,136 )
Net current assets (liabilities): 215,759 243,196
Total assets less current liabilities: 216,160 243,668
Accruals and deferred income: ( 60 )
Total net assets (liabilities): 216,160 243,608

The notes form part of these financial statements

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Balance sheet continued

As at 31 March 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 216,158 243,606
Shareholders funds: 216,160 243,608

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

This report was approved by the board of directors on 29 November 2025
And Signed On Behalf Of The Board By:

Name: Stephen Booty
Status: Director

The notes form part of these financial statements

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 5 5

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 3. Off balance sheet disclosure

    No

PAYROLL MANAGEMENT SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Tangible Assets

Total
Cost £
At 01 April 2024 472
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2025 472
Depreciation
At 01 April 2024 -
Charge for year 71
On disposals -
Other adjustments -
At 31 March 2025 71
Net book value
At 31 March 2025 401
At 31 March 2024 472