Company Registration No. 07370832 (England and Wales)
PM Car Sales Limited
Unaudited accounts
for the year ended 31 March 2026
PM Car Sales Limited
Unaudited accounts
Contents
PM Car Sales Limited
Company Information
for the year ended 31 March 2026
Director
Paul William Morris
Company Number
07370832 (England and Wales)
Registered Office
49 Mainwaring Drive
Wilmslow
Cheshire
SK9 2QU
England
PM Car Sales Limited
Statement of financial position
as at 31 March 2026
Tangible assets
2,471
4,361
Inventories
248,774
240,000
Cash at bank and in hand
14,125
-
Creditors: amounts falling due within one year
(153,044)
(164,986)
Net current assets
109,855
75,014
Total assets less current liabilities
112,326
79,375
Creditors: amounts falling due after more than one year
(89,239)
(42,051)
Called up share capital
1
1
Profit and loss account
23,086
37,323
Shareholders' funds
23,087
37,324
For the year ending 31 March 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 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 August 2026 and were signed on its behalf by
Paul William Morris
Director
Company Registration No. 07370832
PM Car Sales Limited
Notes to the Accounts
for the year ended 31 March 2026
PM Car Sales Limited is a private company, limited by shares, registered in England and Wales, registration number 07370832. The registered office is 49 Mainwaring Drive, Wilmslow, Cheshire, SK9 2QU, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2025
1,451
8,000
9,451
At 31 March 2026
1,451
8,000
9,451
At 1 April 2025
290
4,800
5,090
Charge for the year
290
1,600
1,890
At 31 March 2026
580
6,400
6,980
At 31 March 2026
871
1,600
2,471
At 31 March 2025
1,161
3,200
4,361
5
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
8,763
Obligations under finance leases and hire purchase contracts
138,648
138,648
Taxes and social security
8,950
14,870
Loans from directors
2,636
-
PM Car Sales Limited
Notes to the Accounts
for the year ended 31 March 2026
6
Creditors: amounts falling due after more than one year
2026
2025
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).