Company Registration No. 08547576 (England and Wales)
Pam Mundy Associates Limited
Unaudited accounts
for the year ended 31 May 2021
Pam Mundy Associates Limited
Unaudited accounts
Contents
Pam Mundy Associates Limited
Company Information
for the year ended 31 May 2021
Directors
Pamela Mundy
Peter Mundy
Company Number
08547576 (England and Wales)
Registered Office
43A THE YEWS
HORNDEAN
WATERLOOVILLE
PO8 0BH
ENGLAND
Accountants
B4Bookkeeping Ltd
1 Lincoln House
Tangmere
Chichester
West Sussex
PO20 2FS
Pam Mundy Associates Limited
Statement of financial position
as at 31 May 2021
Cash at bank and in hand
141,769
45,661
Creditors: amounts falling due within one year
(51,098)
(21,341)
Net current assets
140,545
34,488
Called up share capital
125
125
Profit and loss account
141,050
34,363
Shareholders' funds
141,175
34,488
For the year ending 31 May 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 3 September 2021 and were signed on its behalf by
Pamela Mundy
Director
Company Registration No. 08547576
Pam Mundy Associates Limited
Notes to the Accounts
for the year ended 31 May 2021
Pam Mundy Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 08547576. The registered office is 43A THE YEWS, HORNDEAN, WATERLOOVILLE, PO8 0BH, ENGLAND.
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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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:
Fixtures & fittings
25% on cost
Computer equipment
50% on cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2020
-
3,339
3,339
At 31 May 2021
840
3,339
4,179
At 1 June 2020
-
3,339
3,339
Charge for the year
210
-
210
At 31 May 2021
210
3,339
3,549
Pam Mundy Associates Limited
Notes to the Accounts
for the year ended 31 May 2021
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
108
127
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
30,657
3,193
Loans from directors
18,259
15,975
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).
