IRIS Accounts Production v22.2.0.402 08753770 director 1.4.21 31.3.22 31.3.22 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure087537702021-03-31087537702022-03-31087537702021-04-012022-03-31087537702020-03-31087537702020-04-012021-03-31087537702021-03-3108753770ns16:EnglandWales2021-04-012022-03-3108753770ns15:PoundSterling2021-04-012022-03-3108753770ns11:Director12021-04-012022-03-3108753770ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3108753770ns11:SmallEntities2021-04-012022-03-3108753770ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3108753770ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3108753770ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3108753770ns11:FullAccounts2021-04-012022-03-310875377012021-04-012022-03-3108753770ns11:OrdinaryShareClass12021-04-012022-03-3108753770ns11:OrdinaryShareClass22021-04-012022-03-3108753770ns11:RegisteredOffice2021-04-012022-03-3108753770ns6:CurrentFinancialInstruments2022-03-3108753770ns6:CurrentFinancialInstruments2021-03-3108753770ns6:Non-currentFinancialInstruments2022-03-3108753770ns6:Non-currentFinancialInstruments2021-03-3108753770ns6:ShareCapital2022-03-3108753770ns6:ShareCapital2021-03-3108753770ns6:RetainedEarningsAccumulatedLosses2022-03-3108753770ns6:RetainedEarningsAccumulatedLosses2021-03-3108753770ns6:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3108753770ns6:PlantMachinery2021-04-012022-03-3108753770ns6:MotorVehicles2021-04-012022-03-3108753770ns6:ComputerEquipment2021-04-012022-03-3108753770ns6:NetGoodwill2021-03-3108753770ns6:NetGoodwill2021-04-012022-03-3108753770ns6:NetGoodwill2022-03-3108753770ns6:NetGoodwill2021-03-3108753770ns6:PlantMachinery2021-03-3108753770ns6:MotorVehicles2021-03-3108753770ns6:ComputerEquipment2021-03-3108753770ns6:PlantMachinery2022-03-3108753770ns6:MotorVehicles2022-03-3108753770ns6:ComputerEquipment2022-03-3108753770ns6:PlantMachinery2021-03-3108753770ns6:MotorVehicles2021-03-3108753770ns6:ComputerEquipment2021-03-3108753770ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3108753770ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-3108753770ns11:OrdinaryShareClass12022-03-3108753770ns11:OrdinaryShareClass22022-03-3108753770ns11:Director112021-03-3108753770ns11:Director112020-03-3108753770ns11:Director112021-04-012022-03-3108753770ns11:Director112020-04-012021-03-3108753770ns11:Director112022-03-3108753770ns11:Director112021-03-31
REGISTERED NUMBER: 08753770 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

PL PLANNING LIMITED

PL PLANNING LIMITED (REGISTERED NUMBER: 08753770)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


PL PLANNING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: P A LaNauze





REGISTERED OFFICE: 24 Crockwells Road
Exminster
Exeter
Devon
EX6 8DQ





REGISTERED NUMBER: 08753770 (England and Wales)





ACCOUNTANTS: Sheppard Rockey & Williams Ltd
Sannerville Chase
Exminster
Exeter
Devon
EX6 8AT

PL PLANNING LIMITED (REGISTERED NUMBER: 08753770)

BALANCE SHEET
31 MARCH 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,500 10,400
Tangible assets 5 9,837 13,423
16,337 23,823

CURRENT ASSETS
Stocks 4,086 4,405
Debtors 6 21,523 2,233
Cash at bank 16,782 26,957
42,391 33,595
CREDITORS
Amounts falling due within one year 7 23,749 16,444
NET CURRENT ASSETS 18,642 17,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,979

40,974

CREDITORS
Amounts falling due after more than one year 8 (15,765 ) (30,267 )

PROVISIONS FOR LIABILITIES (1,594 ) (2,215 )
NET ASSETS 17,620 8,492

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 16,620 7,492
SHAREHOLDERS' FUNDS 17,620 8,492

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

PL PLANNING LIMITED (REGISTERED NUMBER: 08753770)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2022 and were signed by:





P A LaNauze - Director


PL PLANNING LIMITED (REGISTERED NUMBER: 08753770)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

PL Planning Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and equipment - 20% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Government grants
Government grants are recognised as income when the grant proceeds are received or receivable.

Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Work in progress is valued by recognising contract revenue and costs by reference to the stage of completion of the contract activity at the end of the accounting period.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


PL PLANNING LIMITED (REGISTERED NUMBER: 08753770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2021
and 31 March 2022 39,000
AMORTISATION
At 1 April 2021 28,600
Amortisation for year 3,900
At 31 March 2022 32,500
NET BOOK VALUE
At 31 March 2022 6,500
At 31 March 2021 10,400

PL PLANNING LIMITED (REGISTERED NUMBER: 08753770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2021 3,160 23,985 500 27,645
Additions - - 958 958
At 31 March 2022 3,160 23,985 1,458 28,603
DEPRECIATION
At 1 April 2021 758 12,964 500 14,222
Charge for year 631 3,674 239 4,544
At 31 March 2022 1,389 16,638 739 18,766
NET BOOK VALUE
At 31 March 2022 1,771 7,347 719 9,837
At 31 March 2021 2,402 11,021 - 13,423

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 2,533 2,233
Other debtors 18,990 -
21,523 2,233

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 2,009 333
Hire purchase contracts 2,827 2,827
Trade creditors 3,580 1,609
Taxation and social security 12,974 3,169
Other creditors 2,359 8,506
23,749 16,444

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Bank loans 7,991 19,667
Hire purchase contracts 7,774 10,600
15,765 30,267

PL PLANNING LIMITED (REGISTERED NUMBER: 08753770)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.22 31.3.21
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 3,667

9. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
500 Ordinary A £1 500 500
500 Ordinary B £1 500 500
1,000 1,000

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

31.3.22 31.3.21
£    £   
P A LaNauze
Balance outstanding at start of year (6,656 ) (3,150 )
Amounts advanced 31,042 19,278
Amounts repaid (15,844 ) (22,784 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,542 (6,656 )

The loan is unsecured, repayable on demand and subject to interest at a commercial rate.

11. RELATED PARTY DISCLOSURES

Included in other debtors falling due within one year is loan amount of £9,600 (2021:£nil) advanced to a related party. The loan is interest free, unsecured and repayable on demand.