PML Construction Ltd

PML Construction Ltd

PML CONSTRUCTION LTD - Company Information

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1 February 2020 false No description of principal activity Taxfiler 2021.14 07897273business:PrivateLimitedCompanyLtd2020-02-012021-01-31 078972732020-01-31 078972732020-02-012021-01-31 07897273business:AuditExempt-NoAccountantsReport2020-02-012021-01-31 07897273business:FullAccounts2020-02-012021-01-31 078972732021-01-31 07897273business:Director12020-02-012021-01-31 07897273business:RegisteredOffice2020-02-012021-01-31 078972732020-01-31 07897273core:WithinOneYear2021-01-31 07897273core:WithinOneYear2020-01-31 07897273core:AfterOneYear2021-01-31 07897273core:AfterOneYear2020-01-31 07897273core:ShareCapital2021-01-31 07897273core:ShareCapital2020-01-31 07897273core:RetainedEarningsAccumulatedLosses2021-01-31 07897273core:RetainedEarningsAccumulatedLosses2020-01-31 07897273business:SmallEntities2020-02-012021-01-31 07897273countries:EnglandWales2020-02-012021-01-31 07897273core:PlantMachinery2020-02-012021-01-31 07897273core:MotorVehicles2020-02-012021-01-31 07897273core:PlantMachinery2020-01-31 07897273core:MotorVehicles2020-01-31 07897273core:FurnitureFittings2020-01-31 07897273core:ComputerEquipment2020-01-31 07897273core:FurnitureFittings2020-02-012021-01-31 07897273core:ComputerEquipment2020-02-012021-01-31 07897273core:PlantMachinery2021-01-31 07897273core:MotorVehicles2021-01-31 07897273core:FurnitureFittings2021-01-31 07897273core:ComputerEquipment2021-01-31 078972732019-02-012020-01-31 iso4217:GBP xbrli:pure
Company Registration No. 07897273 (England and Wales)
PML Construction Ltd Unaudited accounts for the year ended 31 January 2021
PML Construction Ltd Unaudited accounts Contents
Page
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PML Construction Ltd Company Information for the year ended 31 January 2021
Director
P Steppel
Company Number
07897273 (England and Wales)
Registered Office
Unit A1 Peills Courtyard Bourne Road Bromley Kent BR2 9NS England
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PML Construction Ltd Statement of financial position as at 31 January 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
19,242 
7,080 
Current assets
Inventories
45,000 
34,864 
Debtors
5
82,806 
98,649 
Cash at bank and in hand
63,620 
- 
191,426 
133,513 
Creditors: amounts falling due within one year
6
(53,604)
(94,536)
Net current assets
137,822 
38,977 
Total assets less current liabilities
157,064 
46,057 
Creditors: amounts falling due after more than one year
7
(214,965)
(79,965)
Net liabilities
(57,901)
(33,908)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(58,001)
(34,008)
Shareholders' funds
(57,901)
(33,908)
For the year ending 31 January 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 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 13 October 2021 and were signed on its behalf by
P Steppel Director Company Registration No. 07897273
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PML Construction Ltd Notes to the Accounts for the year ended 31 January 2021
1
Statutory information
PML Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 07897273. The registered office is Unit A1 Peills Courtyard, Bourne Road, Bromley, Kent, BR2 9NS, 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.
3
Accounting policies
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.
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:
Plant & machinery
25% on reducing balance basis
Motor vehicles
25% reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 February 2020
- 
24,853 
105 
4,104 
29,062 
Additions
1,624 
16,950 
- 
- 
18,574 
At 31 January 2021
1,624 
41,803 
105 
4,104 
47,636 
Depreciation
At 1 February 2020
- 
17,773 
105 
4,104 
21,982 
Charge for the year
405 
6,007 
- 
- 
6,412 
At 31 January 2021
405 
23,780 
105 
4,104 
28,394 
Net book value
At 31 January 2021
1,219 
18,023 
- 
- 
19,242 
At 31 January 2020
- 
7,080 
- 
- 
7,080 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
3,496 
64,836 
Other debtors
79,310 
33,813 
82,806 
98,649 
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PML Construction Ltd Notes to the Accounts for the year ended 31 January 2021
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
- 
7,017 
Trade creditors
- 
24,431 
Taxes and social security
25,305 
27,400 
Other creditors
28,299 
35,688 
53,604 
94,536 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Other creditors
214,965 
79,965 
8
Average number of employees
During the year the average number of employees was 4 (2020: 4).
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