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Company Registration No. 04897726 (England and Wales)
Planit Design (North East) Limited Unaudited accounts for the year ended 31 March 2023
Planit Design (North East) Limited Unaudited accounts Contents
Page
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Planit Design (North East) Limited Company Information for the year ended 31 March 2023
Directors
Mr David Callan Mrs Clare Stagg
Company Number
04897726 (England and Wales)
Registered Office
40 CLIFF ROAD RYHOPE SUNDERLAND SR2 0NQ ENGLAND
Accountants
The Accounts Dept NE Ltd G21, The Avenues Eleventh Avenue, Team Valley Trading Est Gateshead Tyne & Wear NE11 0NJ
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Planit Design (North East) Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
849,325 
931,262 
Current assets
Cash at bank and in hand
2,784,488 
239,683 
Creditors: amounts falling due within one year
48,903 
(99,024)
Net current assets
2,833,391 
140,659 
Total assets less current liabilities
3,682,716 
1,071,921 
Creditors: amounts falling due after more than one year
218,933 
74,046 
Net assets
3,901,649 
1,145,967 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,901,647 
1,145,965 
Shareholders' funds
3,901,649 
1,145,967 
For the year ending 31 March 2023 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 July 2023 and were signed on its behalf by
Mr David Callan Director Company Registration No. 04897726
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Planit Design (North East) Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Planit Design (North East) Limited is a private company, limited by shares, registered in England and Wales, registration number 04897726. The registered office is 40 CLIFF ROAD, RYHOPE, SUNDERLAND, SR2 0NQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2%
Plant & machinery
20%
Motor vehicles
20%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
875,350 
86,496 
115,431 
1,077,277 
Additions
- 
1,089 
- 
1,089 
Disposals
(65,954)
- 
- 
(65,954)
At 31 March 2023
809,396 
87,585 
115,431 
1,012,412 
Depreciation
At 1 April 2022
- 
74,891 
71,124 
146,015 
Charge for the year
- 
2,492 
14,580 
17,072 
At 31 March 2023
- 
77,383 
85,704 
163,087 
Net book value
At 31 March 2023
809,396 
10,202 
29,727 
849,325 
At 31 March 2022
875,350 
11,605 
44,307 
931,262 
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Planit Design (North East) Limited Notes to the Accounts for the year ended 31 March 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
468,224 
34,494 
Trade creditors
11,915 
16,020 
Taxes and social security
(455,842)
47,610 
Accruals
(73,200)
900 
(48,903)
99,024 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
(220,000)
(61,873)
Taxes and social security
1,067 
316 
Loans from directors
- 
(12,489)
(218,933)
(74,046)
7
Average number of employees
During the year the average number of employees was 28 (2022: 21).
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