Planteria Holdings Limited 13907679 false 2022-02-10 2022-12-31 2022-12-31 The principal activity of the company is rental of property Digita Accounts Production Advanced 6.30.9574.0 true true 13907679 2022-02-10 2022-12-31 13907679 2022-12-31 13907679 core:RetainedEarningsAccumulatedLosses 2022-12-31 13907679 core:ShareCapital 2022-12-31 13907679 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 13907679 core:Non-currentFinancialInstruments 2022-12-31 13907679 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 13907679 bus:SmallEntities 2022-02-10 2022-12-31 13907679 bus:AuditExemptWithAccountantsReport 2022-02-10 2022-12-31 13907679 bus:FullAccounts 2022-02-10 2022-12-31 13907679 bus:SmallCompaniesRegimeForAccounts 2022-02-10 2022-12-31 13907679 bus:RegisteredOffice 2022-02-10 2022-12-31 13907679 bus:Director1 2022-02-10 2022-12-31 13907679 bus:Director2 2022-02-10 2022-12-31 13907679 bus:Director3 2022-02-10 2022-12-31 13907679 bus:Director4 2022-02-10 2022-12-31 13907679 bus:Director5 2022-02-10 2022-12-31 13907679 bus:PrivateLimitedCompanyLtd 2022-02-10 2022-12-31 13907679 countries:EnglandWales 2022-02-10 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 13907679

Planteria Holdings Limited

Annual Report and Unaudited Financial Statements

for the Period from 10 February 2022 to 31 December 2022

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Planteria Holdings Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Planteria Holdings Limited

Company Information

Directors

Mr Matthew Anderson

Mr Rolf Anderson

Mr Philip Graham Anderson

Mr Brian William Anderson

Mr Darrell Anderson

Registered office

Old Fire Station
Wheeler Lane
Witley
Godalming
GU8 5QU

Accountants

Lucraft Hodgson & Dawes LLP
2/4 Ash Lane
Rustington
West Sussex
BN16 3BZ

 

Planteria Holdings Limited

(Registration number: 13907679)
Balance Sheet as at 31 December 2022

Note

2022
£

Fixed assets

 

Investment property

4

1,100,000

Current assets

 

Debtors

5

745,004

Cash at bank and in hand

 

175

 

745,179

Creditors: Amounts falling due within one year

6

(600)

Net current assets

 

744,579

Total assets less current liabilities

 

1,844,579

Creditors: Amounts falling due after more than one year

6

(1,820,300)

Net assets

 

24,279

Capital and reserves

 

Called up share capital

25,000

Profit and loss account

(721)

Shareholders' funds

 

24,279

For the financial period ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements 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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 September 2023 and signed on its behalf by:
 

.........................................
Mr Matthew Anderson
Director

 

Planteria Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 February 2022 to 31 December 2022

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Old Fire Station
Wheeler Lane
Witley
Godalming
GU8 5QU
England

These financial statements were authorised for issue by the Board on 13 September 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in Sterling, which is also the company's functional currency. The financial statements are rounded to the nearest £1.

Going concern

The financial statements have been prepared on a going concern basis.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Planteria Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 February 2022 to 31 December 2022

2

Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

 

Planteria Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 February 2022 to 31 December 2022

4

Investment properties

2022
£

Additions

1,100,000

At 31 December

1,100,000

There has been no valuation of investment property by an independent valuer.

5

Debtors

Current

2022
£

Other debtors

745,004

 

Planteria Holdings Limited

Notes to the Unaudited Financial Statements for the Period from 10 February 2022 to 31 December 2022

6

Creditors

Creditors: amounts falling due within one year

2022
£

Due within one year

Accruals and deferred income

600

600

Creditors: amounts falling due after more than one year

Note

2022
£

Due after one year

 

Loans and borrowings

7

500,000

Other non-current financial liabilities

 

1,320,300

 

1,820,300

7

Loans and borrowings

2022
£

Non-current loans and borrowings

Redeemable preference shares

500,000

500,000