PMR Developments Limited,Ltd - AccountsLtd - Accounts

PMR Developments Limited,Ltd - AccountsLtd - Accounts

PMR DEVELOPMENTS LIMITED - Company Information

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2020-03-01 NI636763 2021-02-28 NI636763 2020-03-01 2021-02-28 NI636763 2020-02-29 NI636763 2019-03-01 2020-02-29 NI636763 uk-core:WithinOneYear 2020-02-29 NI636763 uk-core:WithinOneYear 2021-02-28 NI636763 uk-core:ShareCapital 2021-02-28 NI636763 uk-core:ShareCapital 2020-02-29 NI636763 uk-core:SharePremium 2021-02-28 NI636763 uk-core:SharePremium 2020-02-29 NI636763 uk-core:RevaluationReserve 2021-02-28 NI636763 uk-core:RevaluationReserve 2020-02-29 NI636763 uk-core:RetainedEarningsAccumulatedLosses 2021-02-28 NI636763 uk-core:RetainedEarningsAccumulatedLosses 2020-02-29 NI636763 uk-bus:Director1 2020-03-01 2021-02-28 NI636763 uk-core:CostValuation 2020-02-29 NI636763 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2020-02-29 NI636763 uk-core:AdditionsToInvestments 2021-02-28 NI636763 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2021-02-28 NI636763 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2021-02-28 NI636763 uk-core:CostValuation 2021-02-28 NI636763 uk-core:Non-currentFinancialInstruments 2021-02-28 NI636763 uk-core:Non-currentFinancialInstruments 2020-02-29 NI636763 uk-core:WithinOneYear uk-core:Secured 2021-02-28 NI636763 uk-core:WithinOneYear uk-core:Secured 2020-02-29 iso4217:GBP xbrli:pure NI636763 uk-bus:AuditExemptWithAccountantsReport 2020-03-01 2021-02-28 NI636763 uk-bus:FRS102 2020-03-01 2021-02-28 NI636763 uk-bus:FullAccounts 2020-03-01 2021-02-28 NI636763 uk-bus:PrivateLimitedCompanyLtd 2020-03-01 2021-02-28
PMR Developments Limited
Registered Number:NI636763
For the year ended 28 February 2021
Northern Ireland
Unaudited Financial Statements
2
For the year ended 28 February 2021
PMR Developments Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
NI636763
As at 28 February 2021
PMR Developments Limited
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
85,000
85,000
2
Financial assets
17,500
17,700
3
102,700
102,500
Current assets
Inventories
454,605
537,541
4
Trade and other receivables
75,000
-
5
5,411
Cash and cash equivalents
810
538,351
535,016
Trade and other payables: amounts falling due within one
year
(647,781)
(653,981)
6
(112,765)
(115,630)
Net current liabilities
Total assets less current liabilities
(12,930)
(10,265)
(12,930)
Net liabilities
(10,265)
Capital and reserves
Called up share capital
30
30
Share premium account
2,000
2,000
Revaluation reserve
-
(5,950)
7
Retained earnings
(14,960)
(6,345)
(12,930)
(10,265)
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2021 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Matthew Nicholson Director
These financial statements were approved and authorised for issue by the Board on 02 June 2021 and were signed by:
1 of 4
4
Registered Number :
NI636763
For the year ended 28 February 2021
PMR Developments Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 4
5
For the year ended 28 February 2021
PMR Developments Limited
Notes to the Financial Statements
Statutory Information
PMR Developments Limited is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI636763.
Registered address:
6 Ballynagalliagh Road
Armagh
Armagh
BT60 2LU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Land and
Buildings
£
Cost or
valuation
At 01 March 2020
85,000
At 28 February 2021
85,000
At 28 February 2021
Net book value
85,000
At 29 February 2020
85,000
3. Investments held as fixed assets
Other investments
Total
At 01 March 2020
17,500
17,500
Cost
£
£
200
200
Additions
At 28 February 2021
17,700
17,700
At 28 February 2021
Net book value
17,700
17,700
At 01 March 2020
17,500
17,500
3 of 4
6
For the year ended 28 February 2021
PMR Developments Limited
Notes to the Financial Statements Continued
4. Inventories
2020
2021
£
£
Stocks
537,541
454,605
5. Trade and other receivables
2020
2021
£
£
Other debtors
-
75,000
6. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Bank loans and overdraft (secured)
156,531
156,531
Other creditors
497,450
491,250
653,981
647,781
7. Reserves
Total
£
Revaluation reserve at 01 March 2020
(5,950)
Transfer to profit and loss account
5,950
-
Revaluation reserve at 28 February 2021
8. Average number of persons employed
During the year the average number of employees was 0
4 of 4