Pemco Capital Limited

	Registered number
	10606733

	Pemco Capital Limited
	Report and Unaudited Accounts
	for the period
	7 February 2017 to 31 March 2018

Directors
Mr P Irwin
Mrs E Mcgee
Mrs L Mcgee

Registered Office
11 Bingham Place
London
W1U 5AY
United Kingdom

Registered Number
10606733 (a Private Company Limited by Shares registered in England and Wales)

The directors submit the report and financial statements for the period 7 February 2017 to 31 March 2018.

Directors
No directors have held office for the whole of the accounting period.

The directors shown below were appointed to the company during the period:

Mr P Irwin (appointed 7 February 2017)

Mrs E Mcgee (appointed 7 February 2017)

Mrs L Mcgee (appointed 7 February 2018)

The report of the directors has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

This report was approved by the board on 6 November 2018.

..........................

Mr P Irwin

Director

	Notes		2018 £
Turnover			505,752
Cost of sales			(8,863)
Gross profit			496,889

Distribution costs			(2,212)
Administrative expenses			(40,703)
Operating profit/(loss)			453,974

Profit/(loss) on ordinary activities before taxation			453,974

Tax on ordinary activities			(88,260)
Profit/(loss) on ordinary activities after taxation			365,714

Retained earnings brought forward			0
Dividends declared and payable for the period			(113,155)
Retained earnings carried forward			252,559

Pemco Capital Limited Balance Sheet as at 31 March 2018
	Notes		2018 £
Fixed assets
Tangible assets			37,115
			37,115

Current assets
Investments		97,280
Cash at bank and in hand		206,624
		303,904

Creditors: amounts falling due within one year		(88,260)

Net current assets / (liabilities)			215,644

Total assets less current liabilities			252,759

Total net assets (liabilities)			252,759

Capital and reserves
Called up share capital			200
Profit and loss account			252,559
Shareholders' funds			252,759

These accounts have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

For the year ending 31 March 2018 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.

Signed on behalf of the board of directors

...............................

Mr P Irwin

Director

Approved by the board on 6 November 2018

Company Number: 10606733 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

11 Bingham Place
London
W1U 5AY
United Kingdom

Pemco Capital Limited
Notes to the Accounts
for the period 7 February 2017 to 31 March 2018

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Vehicles	8% Reducing Balance
Office equipment	100% Reducing Balance

2.	Dividends
		2018
		£
	Total dividend payment	113,155

Pemco Capital Limited Trading and Profit & Loss Account For the period 7 February 2017 to 31 March 2018 for the information of the Directors only
.	.	2018 £
Sales
Continuing Operations
Turnover		505,752
		505,752
Cost of Sales
Purchases		8,863
		8,863
Selling & Distribution Costs
Vehicle running costs		2,212
		2,212
Administrative Expenses
Staff Costs
Directors' remuneration		17,467
Staff travel and subsistence expenses		6,510
Entertainment expenses incurred by staff		7,478
		31,455
Premise Costs
Use of home		4,820
		4,820
General
Computer software, IT consumables		27
Depreciation of tangible fixed assets		3,996
		4,023
Legal & Professional
Legal fees		405
		405
		40,703
.
Operating Profit		453,974