PM Direct Solutions Ltd

PM Direct Solutions Ltd

PM DIRECT SOLUTIONS LTD - Company Information

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1 December 2018 false No description of principal activity Taxfiler 2020.6 07439672business:PrivateLimitedCompanyLtd2018-12-012019-11-30 074396722018-11-30 074396722018-12-012019-11-30 07439672business:AuditExempt-NoAccountantsReport2018-12-012019-11-30 07439672business:FullAccounts2018-12-012019-11-30 074396722019-11-30 07439672business:Director12018-12-012019-11-30 07439672business:RegisteredOffice2018-12-012019-11-30 074396722018-11-30 07439672core:WithinOneYear2019-11-30 07439672core:WithinOneYear2018-11-30 07439672core:ShareCapital2019-11-30 07439672core:ShareCapital2018-11-30 07439672core:RetainedEarningsAccumulatedLosses2019-11-30 07439672core:RetainedEarningsAccumulatedLosses2018-11-30 07439672business:SmallEntities2018-12-012019-11-30 07439672countries:EnglandWales2018-12-012019-11-30 07439672core:ComputerEquipment2018-12-012019-11-30 07439672core:ComputerEquipment2018-11-30 07439672core:ComputerEquipment2019-11-30 074396722017-12-012018-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07439672 (England and Wales)
PM Direct Solutions Ltd Unaudited accounts for the year ended 30 November 2019
PM Direct Solutions Ltd Unaudited accounts Contents
Page
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PM Direct Solutions Ltd Company Information for the year ended 30 November 2019
Director
James Barton
Company Number
07439672 (England and Wales)
Registered Office
20 KING CHARLES ROAD SURBITON SURREY KT5 8PY
Accountants
Illahi & Co Chartered Certified Accountants 7 Ashby Close Birmingham B8 2RB
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PM Direct Solutions Ltd Statement of financial position as at 30 November 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
233 
1,195 
Current assets
Debtors
5
506 
15,840 
Cash at bank and in hand
19,219 
20,472 
19,725 
36,312 
Creditors: amounts falling due within one year
6
(19,955)
(32,401)
Net current (liabilities)/assets
(230)
3,911 
Net assets
3 
5,106 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2 
5,105 
Shareholders' funds
3 
5,106 
For the year ending 30 November 2019 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.
Approved by the Board on 2 May 2020.
James Barton Director Company Registration No. 07439672
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PM Direct Solutions Ltd Notes to the Accounts for the year ended 30 November 2019
1
Statutory information
PM Direct Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 07439672. The registered office is 20 KING CHARLES ROAD, SURBITON, SURREY, KT5 8PY.
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.
3
Accounting policies
These financial statements for the year ended 30 November 2019 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2017. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
33% on cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2018
5,486 
Additions
200 
At 30 November 2019
5,686 
Depreciation
At 1 December 2018
4,291 
Charge for the year
1,162 
At 30 November 2019
5,453 
Net book value
At 30 November 2019
233 
At 30 November 2018
1,195 
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PM Direct Solutions Ltd Notes to the Accounts for the year ended 30 November 2019
5
Debtors
2019 
2018 
£ 
£ 
Trade debtors
- 
15,840 
Accrued income and prepayments
506 
- 
506 
15,840 
6
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Taxes and social security
37,249 
31,985 
Other creditors
- 
32 
Loans from directors
(17,528)
- 
Accruals
234 
384 
19,955 
32,401 
7
Average number of employees
During the year the average number of employees was 1 (2018: 1).
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