PMi Global Holdings Limited
PMi Global Holdings Limited
Registered number: 06440104
Unaudited Financial Statements
For The Year Ended 31 March 2019
PMi Global Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 March 2019
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
PMi Global Holdings Limited
Balance Sheet
As at
31 March 2019
Balance Sheet
Registered number:
06440104
For the year ending 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2019 | 2018 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments | 4 |
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| CURRENT ASSETS | |||||
| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (21,270) | (21,175) | |||
Page 1
PMi Global Holdings Limited
Balance Sheet (continued)
As at
31 March 2019
Director's responsibilities
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The member has 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. - 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 Profit and Loss Account.
On behalf of the board
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
PMi Global Holdings Limited
Notes to the Financial Statements
For The Year Ended 31 March 2019
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The accounts have been prepared on a going concern basis as the directors have pledged their ongoing support to the company.
1.3.
Consolidation
The company and its subsidiaries comprise a small group. The company has therefore taken advantage of the exemption provided in section 398 of the Companies Act 2006 not to prepare group financial statements and accordingly these financial statements present information about the company as a single undertaking.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows:
2019 -0
2018 - 0
Page 3
PMi Global Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2019
4.
Investments
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at |
1,000 |
| As at |
1,000 |
| Provision | |
| As at |
- |
| As at |
- |
| Net Book Value | |
| As at |
1,000 |
| As at |
1,000 |
Investments are held at cost less any provisions for permanent diminution in value.
The Company's investment, at the balance sheet date, in the share capital of companies including the following:
PMi Consult Limited
Registered in England and Wales
Nature of business: The provision of independent strategic advisory services.
Class of Shares: Ordinary
Holding: 100%
2019
Aggregated Capital and reserves £10,516
Profit for the Year £7,319
2018
Aggregated Capital and reserves £3,197
Profit for the Year £483
5.
Creditors: Amounts Falling Due Within One Year
| 2019 | 2018 | ||
|---|---|---|---|
| £ | £ | ||
| Amounts owed to group undertakings |
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Page 4
PMi Global Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2019
6.
Share Capital
| 2019 | 2018 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
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| Value | Number | 2019 | 2018 | ||
|---|---|---|---|---|---|
| Allotted, called up and fully paid | £ | £ | £ | ||
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1,000 | 1,000 | |
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250 | 250 | |
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1,250 | 1,250 | |||
The Ordinary shares may at the directors' discretion, have preferential rights to any dividend as declared by the directors, but shall rank pari passu with the Ordinary 'A' shares with reagrds to all other rights.
7.
Dividends
No dividend was declared on 2019 profits
8.
Related Party Transactions
Throughout the current and prior year the company was jointly controlled by the director D J W Lewis and his wife P C Lewis by virtue of the fact that between them they own 100% of the voting rights.
Included in creditors are the following balances:
2019
PMi Consult Ltd £22,313
2018
PMi Consult Limited £22,213
All amounts are interest free and repayable on demand.
All companies are related by way of being directly controlled subsidiaries or subsidiaries of PMi Consult Limited. No dividend income (2018: £0) was received from PMi Consult Limited in the year.
9.
General Information
PMi Global Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06440104 . The registered office is 1 Moat Close, Prestwood, Great Missenden, Buckinghamshire, HP16 9BX.
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