Abbreviated Company Accounts - PMK INVESTMENTS LTD

PMK INVESTMENTS LTD - Company Information

07962446 PMK INVESTMENTS LTD 2015-07-31 false 2014-08-01 2015-07-31 true 07962446 2014-08-01 2015-07-31 07962446 2015-07-31 07962446 2014-07-31 07962446 uk-gaap-cd-bus:Director1 2014-08-01 2015-07-31 07962446 uk-gaap-cd-bus:Director2 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-01 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-07-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-31 iso4217:GBP shares

Registered Number 07962446

PMK INVESTMENTS LTD

Abbreviated Accounts

31 July 2015

PMK INVESTMENTS LTD Registered Number 07962446

Abbreviated Balance Sheet as at 31 July 2015

	Notes	2015	2014
		£	£
Fixed assets
Investments	2	529,927	541,068
		529,927	541,068
Current assets
Debtors		138	7,050
Cash at bank and in hand		1,612	1,937
		1,750	8,987
Creditors: amounts falling due within one year	3	(151,388)	(179,005)
Net current assets (liabilities)		(149,638)	(170,018)
Total assets less current liabilities		380,289	371,050
Creditors: amounts falling due after more than one year	3	(295,828)	(323,046)
Total net assets (liabilities)		84,461	48,004
Capital and reserves
Called up share capital	4	150	150
Profit and loss account		84,311	47,854
Shareholders' funds		84,461	48,004

For the year ending 31 July 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 22 April 2016

And signed on their behalf by:
M J Keane, Director
P G McElhone, Director

PMK INVESTMENTS LTD Registered Number 07962446

Notes to the Abbreviated Accounts for the period ended 31 July 2015

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Exemption from preparing a cash flow statement
Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a small company.
Turnover
Turnover represents the value of rentals receivable from tenants during the year.
Investment property
Investment property is stated in the Balance Sheet at cost less depreciation.
Depreciation is charged at 2% on a straight line basis.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Fixed assets Investments
Investment Property

Cost as at 1 August 2014 and 31 July 2015 £557062

Depreciation as at 1 August 2014 £15994 Charge for the year £11141 As at 31 July 2015 £27135

Net Book Value as at 31 July 2014 £541068 as at 31 July 2015 £529927

3Creditors

	2015 £	2014 £
Secured Debts	290,953	323,473
Instalment debts due after 5 years	124,361	148,773

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
150 Ordinary shares of £1 each	150	150