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
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
Planit Design (North East) Limited
Statement of financial position
as at 31 March 2023
Tangible assets
849,325
931,262
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
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
Planit Design (North East) Limited
Notes to the Accounts
for the year ended 31 March 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
Disposals
(65,954)
-
-
(65,954)
At 31 March 2023
809,396
87,585
115,431
1,012,412
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
At 31 March 2023
809,396
10,202
29,727
849,325
At 31 March 2022
875,350
11,605
44,307
931,262
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
Trade creditors
11,915
16,020
Taxes and social security
(455,842)
47,610
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)
7
Average number of employees
During the year the average number of employees was 28 (2022: 21).