P & M C Investments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09093199 (England and Wales)

Financial Statements for the Year Ended 30 June 2019

for

P & M C Investments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr. P Weston

Mrs. M Charlton

REGISTERED OFFICE:

The Old Doctor's House

74 Grange Road

Dudley

West Midlands

DY1 2AW

REGISTERED NUMBER:

09093199 (England and Wales)

ACCOUNTANTS:

Lewis Smith & Co.

Chartered Certified Accountants

The Old Doctor's House

74 Grange Road

Dudley

West Midlands

DY1 2AW

FIXED ASSETS

Investment property

3

840,008

840,008

CURRENT ASSETS

Debtors

169

300

Cash at bank

72,729

41,213

72,898

41,513

CREDITORS

Amounts falling due within one year

62,923

62,925

NET CURRENT ASSETS/(LIABILITIES)

9,975

(21,412

)

TOTAL ASSETS LESS CURRENT LIABILITIES

849,983

818,596

CREDITORS

Amounts falling due after more than one year

(674,790

)

(680,218

)

PROVISIONS FOR LIABILITIES

4

(4,349

)

(4,349

)

NET ASSETS

170,844

134,029

CAPITAL AND RESERVES

Called up share capital

5

100

100

Fair value reserve

22,893

22,893

Retained earnings

147,851

111,036

SHAREHOLDERS' FUNDS

170,844

134,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 3 October 2019 and were signed on its behalf by:

Dr. P Weston - Director

Mrs. M Charlton - Director

1.	STATUTORY INFORMATION

P & M C Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis.

Investment property

Investment properties are shown at their fair value, which is ascertained by the directors. Any fair value gains or

losses are transferred to the fair value reserve.

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.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2018

and 30 June 2019

840,008

NET BOOK VALUE

At 30 June 2019

840,008

At 30 June 2018

840,008

Fair value at 30 June 2019 is represented by:

£

Valuation in 2018

200,000

Cost

640,008

840,008

4.	PROVISIONS FOR LIABILITIES

30.6.19

30.6.18

£

£

Deferred tax

4,349

4,349

Deferred

tax

£

Balance at 1 July 2018

4,349

Fair value adjustments

Balance at 30 June 2019

4,349

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.19

30.6.18

value:

£

£

100

Ordinary

£1

100

100