PMC (2011) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07834074 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

PMC (2011) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr M Stimpson

Ms F M Campbell

Mr M A Richman

Mr C George

Mrs S K George

REGISTERED OFFICE:

Unit 24 Park Farm Industrial Estate

Ermine Street

Buntingford

Hertfordshire

SG9 9AZ

REGISTERED NUMBER:

07834074 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Investments

4

240,660

CURRENT ASSETS

Debtors

5

513,612

-

Cash at bank and in hand

501,266

201,738

1,014,878

201,738

CREDITORS

Amounts falling due within one year

6

244,025

241,563

NET CURRENT ASSETS/(LIABILITIES)

770,853

(39,825

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,011,513

200,835

CAPITAL AND RESERVES

Called up share capital

7

760

Retained earnings

1,010,753

200,075

SHAREHOLDERS' FUNDS

1,011,513

200,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 5 October 2026 and were signed on its behalf by:

Mr C George - Director

1.	STATUTORY INFORMATION

PMC (2011) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Preparation of consolidated financial statements

The financial statements contain information about PMC (2011) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Investment income

Interest income is recognised using the effective interest method and Investment income is recognised as the company's right to receive payment is established.

Fixed asset investments

Fixed asset investments are measured at cost. Any impairment is written off to the profit and loss account

when identified. Fixed asset investments are measured annually for impairment by the directors.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 5 ) .

4.	FIXED ASSET INVESTMENTS

Unlisted

investments

£

COST

At 1 April 2025

and 31 March 2026

240,660

NET BOOK VALUE

At 31 March 2026

240,660

At 31 March 2025

240,660

.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Shareholders loan

51,361

-

Directors' current accounts

462,251

-

513,612

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Amounts owed to group undertakings

240,260

240,362

Tax

2,505

-

Accrued expenses

1,260

1,201

244,025

241,563

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

760

Ordinary

£1

760

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

Ms F M Campbell

Balance outstanding at start of year

-

Amounts advanced

128,403

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

128,403

-

Mr M Stimpson

Balance outstanding at start of year

-

Amounts advanced

128,403

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

128,403

-

Mr C George

Balance outstanding at start of year

-

Amounts advanced

102,723

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

102,723

-

Mrs S K George

Balance outstanding at start of year

-

Amounts advanced

102,722

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

102,722

-

9.	RELATED PARTY DISCLOSURES

At the year end the company is owed the following balances from related parties:

i) 25,681 (2025: NIL) due from Mr S George, a shareholder of the company. This amount is repayable within one year and bears interest at a rate of 3.75% per annum.

ii) 25,681 (2025: NIL) due from Ms L West, a shareholder of the company. This amount is repayable within one year and bears interest at a rate of 3.75% per annum.

10.	POST BALANCE SHEET EVENTS

On 9 April 2026, 100% of the issued share capital of the company was transferred to PMC Polythene Trustee Limited. Accordingly, PMC Polythene Trustee Limited became the immediate parent undertaking and controlling party of the company from that date.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors acting in concert.