PSM New Builds Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 15255797

		31 January 2026		30 November 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		134,212		134,212

			134,212		134,212
CURRENT ASSETS
Debtors	5	2,307		-
Cash at bank and in hand		2,853		44

		5,160		44
Creditors: Amounts Falling Due Within One Year	6	(32,599 )		(55,314 )

NET CURRENT ASSETS (LIABILITIES)			(27,439 )		(55,270 )

TOTAL ASSETS LESS CURRENT LIABILITIES			106,773		78,942

Creditors: Amounts Falling Due After More Than One Year	7		(119,000 )		(84,000 )

NET LIABILITIES			(12,227 )		(5,058 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Income Statement			(12,327 )		(5,158 )

SHAREHOLDERS' FUNDS			(12,227)		(5,058)

Page 1

Page 2

PSM New Builds Ltd

Statement of Financial Position (continued)

As At 31 January 2026

For the period ending 31 January 2026 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

The financial statements were approved by the board of directors on 25 March 2026 and were signed on its behalf by:

Mr J G Mullen

Director

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

PSM New Builds Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15255797 . The registered office is Calf Barn, Shopland Road, Rochford, Essex, SS4 1LT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

No depreciation

3. Average Number of Employees

Average number of employees, including directors, during the period was: NIL (2024: NIL)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 December 2024	134,212

As at 31 January 2026	134,212

Net Book Value
As at 31 January 2026	134,212

As at 1 December 2024	134,212

5. Debtors

	31 January 2026	30 November 2024
	£	£
Due within one year
Other debtors	2,307	-

Page 3

Page 4

PSM New Builds Ltd

Notes to the Financial Statements (continued)

For the Period 1 December 2024 to 31 January 2026

6. Creditors: Amounts Falling Due Within One Year

	31 January 2026	30 November 2024
	£	£
Amounts owed to participating interests	2,022	48,914
Other creditors	30,577	6,400

	32,599	55,314

7. Creditors: Amounts Falling Due After More Than One Year

	31 January 2026	30 November 2024
	£	£
Other loans	119,000	84,000

8. Share Capital

	31 January 2026	30 November 2024
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

As at 31 January 2026 the company owed £2,022 to Precise Steel and Mechanical Limited in respect of a loan, this company is under the control of common directors.

This loan is interest free and repayable on demand.

Page 4