PI Accountancy Management Services Limited

Registered Number: 08776902 PI Accountancy Management Services Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	389	389
Tangible fixed assets	4	295,866	299,981
		296,255	300,370
Current assets
Stocks		2,831	15,562
Debtors: amounts falling due within one year		186,132	143,868
Cash at bank and in hand		112,777	176,264
		301,740	335,694
Creditors: amount falling due within one year		(119,465)	(156,517)
Net current assets		182,275	179,177

Total assets less current liabilities		478,530	479,547
Creditors: amount falling due after more than one year		(240,066)	(280,658)
Net assets		238,464	198,889

Capital and reserves
Called up share capital	5	75	75
Profit and loss account		238,389	198,814
Shareholders' funds		238,464	198,889

For the year ended 31 March 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

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

The financial statements were approved by the director on 31 December 2025 and were signed by:

-------------------------------
Matthew Marshall
Director

PI Accountancy Management Services Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

PI Accountancy Management Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08776902, registration address 40a London Road, Gloucester, Gloucestershire, GL1 3NU.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	2% Straight Line
Plant and Machinery	33% Straight Line
Fixtures and Fittings	20% Straight Line
Computer Equipment	33% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 14 (2024 : 14).

Intangible fixed assets

Cost	Goodwill	Other	Total
	£	£	£
At 01 April 2024	25,000	3,325	28,325
Additions	-	-	-
Disposals	-	-	-
At 31 March 2025	25,000	3,325	28,325
Amortisation
At 01 April 2024	25,000	2,936	27,936
Charge for year	-	-	-
On disposals	-	-	-
At 31 March 2025	25,000	2,936	27,936
Net book values
At 31 March 2025	-	389	389
At 31 March 2024	-	389	389

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2024	312,106	1,582	26,659	19,813	360,160
Additions	-	-	225	7,077	7,302
Disposals	-	-	-	-	-
At 31 March 2025	312,106	1,582	26,884	26,890	367,462
Depreciation
At 01 April 2024	18,726	784	24,524	16,145	60,179
Charge for year	6,242	399	964	3,812	11,417
On disposals	-	-	-	-	-
At 31 March 2025	24,968	1,183	25,488	19,957	71,596
Net book values
Closing balance as at 31 March 2025	287,138	399	1,396	6,933	295,866
Opening balance as at 01 April 2024	293,380	798	2,135	3,668	299,981

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
25 Class A shares of £1.00 each	25	25
25 Class B shares of £1.00 each	25	25
25 Class C shares of £1.00 each	25	25
	75	75

Registered Number: 08776902
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
PI ACCOUNTANCY MANAGEMENT SERVICES LIMITED