Company Registration No. 07439672 (England and Wales)
PM Direct Solutions Ltd
Unaudited accounts
for the year ended 30 November 2020
PM Direct Solutions Ltd
Unaudited accounts
Contents
PM Direct Solutions Ltd
Company Information
for the year ended 30 November 2020
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
PM Direct Solutions Ltd
Statement of financial position
as at 30 November 2020
Cash at bank and in hand
46,993
19,219
Creditors: amounts falling due within one year
(30,064)
(19,955)
Net current assets/(liabilities)
16,929
(230)
Called up share capital
1
1
Profit and loss account
17,136
2
Shareholders' funds
17,137
3
For the year ending 30 November 2020 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 January 2021 and were signed on its behalf by
James Barton
Director
Company Registration No. 07439672
PM Direct Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2020
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.
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:
Computer equipment
33% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2019
-
5,686
5,686
At 30 November 2020
96
5,785
5,881
At 1 December 2019
-
5,453
5,453
Charge for the year
20
200
220
At 30 November 2020
20
5,653
5,673
At 30 November 2020
76
132
208
At 30 November 2019
-
233
233
Accrued income and prepayments
-
506
PM Direct Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
29,827
37,249
Loans from directors
3
(17,528)
7
Average number of employees
During the year the average number of employees was 1 (2019: 1).