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Company Registration No. 15729793 (England and Wales)
Pmg Homes Ltd Unaudited accounts for the period from 20 May 2024 to 31 May 2025
Pmg Homes Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Pmg Homes Ltd Company Information for the period from 20 May 2024 to 31 May 2025
Directors
Mr Michael Kelly Mrs Joanne Kelly
Company Number
15729793 (England and Wales)
Registered Office
West Clayton Business Centre ,Berry Lane Chorleywood Hertfordshire WD3 5EX United Kingdom
Accountants
GIA Foley & Co West Clayton Business Centre Berry Lane Chorleywood Hertfordshire WD3 5EX
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Pmg Homes Ltd Statement of financial position as at 31 May 2025
2025
Notes
£
Fixed assets
Tangible assets
4
1,075,873
Current assets
Cash at bank and in hand
10,887
Creditors: amounts falling due within one year
5
(1,124,656)
Net current liabilities
(1,113,769)
Net liabilities
(37,896)
Capital and reserves
Called up share capital
2
Profit and loss account
(37,898)
Shareholders' funds
(37,896)
For the period ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 15 February 2026 and were signed on its behalf by
Mr Michael Kelly Director Company Registration No. 15729793
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Pmg Homes Ltd Notes to the Accounts for the period from 20 May 2024 to 31 May 2025
1
Statutory information
Pmg Homes Ltd is a private company, limited by shares, registered in England and Wales, registration number 15729793. The registered office is West Clayton Business Centre ,Berry Lane, Chorleywood, Hertfordshire, WD3 5EX, United Kingdom.
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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets 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:
Land & buildings
No Depreciation
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 20 May 2024
-
Additions
1,075,873
At 31 May 2025
1,075,873
Depreciation
At 31 May 2025
-
Net book value
At 31 May 2025
1,075,873
5
Creditors: amounts falling due within one year
2025
£
Loans from directors
1,124,656
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Pmg Homes Ltd Notes to the Accounts for the period from 20 May 2024 to 31 May 2025
6
Average number of employees
During the period the average number of employees was 2.
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