IRIS Accounts Production v23.2.0.158 SC436692 director 1.1.22 31.12.22 31.12.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4366922021-12-31SC4366922022-12-31SC4366922022-01-012022-12-31SC4366922020-12-31SC4366922021-01-012021-12-31SC4366922021-12-31SC436692ns10:Originalns15:Scotland2022-01-012022-12-31SC436692ns14:PoundSterlingns10:Original2022-01-012022-12-31SC436692ns10:Originalns10:Director12022-01-012022-12-31SC436692ns10:Original2022-01-012022-12-31SC436692ns10:Original2022-12-31SC436692ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-012022-12-31SC436692ns10:Originalns10:SmallEntities2022-01-012022-12-31SC436692ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-012022-12-31SC436692ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-31SC436692ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-012022-12-31SC436692ns10:Originalns10:FullAccounts2022-01-012022-12-31SC436692ns10:Original12022-01-012022-12-31SC436692ns10:Originalns10:RegisteredOffice2022-01-012022-12-31SC436692ns10:Original2021-12-31SC436692ns10:Originalns5:CurrentFinancialInstruments2022-12-31SC436692ns10:Originalns5:CurrentFinancialInstruments2021-12-31SC436692ns10:Originalns5:Non-currentFinancialInstruments2022-12-31SC436692ns10:Originalns5:Non-currentFinancialInstruments2021-12-31SC436692ns5:ShareCapitalns10:Original2022-12-31SC436692ns5:ShareCapitalns10:Original2021-12-31SC436692ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-31SC436692ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-31SC436692ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-01-012022-12-31SC436692ns10:Originalns5:ComputerSoftware2022-01-012022-12-31SC436692ns10:Originalns5:PlantMachinery2022-01-012022-12-31SC436692ns10:Original2021-01-012021-12-31SC436692ns5:IntangibleAssetsOtherThanGoodwillns10:Original2021-12-31SC436692ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-12-31SC436692ns5:IntangibleAssetsOtherThanGoodwillns10:Original2021-12-31SC436692ns10:Originalns5:PlantMachinery2021-12-31SC436692ns10:Originalns5:PlantMachinery2022-12-31SC436692ns10:Originalns5:PlantMachinery2021-12-31SC436692ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31SC436692ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-31SC436692ns10:Original1ns10:Director12021-12-31SC436692ns10:Original1ns10:Director12020-12-31SC436692ns10:Original1ns10:Director12022-01-012022-12-31SC436692ns10:Original1ns10:Director12021-01-012021-12-31SC436692ns10:Original1ns10:Director12022-12-31SC436692ns10:Original1ns10:Director12021-12-31
REGISTERED NUMBER: SC436692 (Scotland)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

PLZ Soccer Limited

PLZ Soccer Limited (Registered number: SC436692)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PLZ Soccer Limited

COMPANY INFORMATION
For The Year Ended 31 December 2022







DIRECTOR: P M McGuire





REGISTERED OFFICE: 3 Snead View
Dalziel Park
Motherwell
ML1 5GL





REGISTERED NUMBER: SC436692 (Scotland)





ACCOUNTANTS: Burgoyne Carey
Chartered Accountants
Pavilion 2
3 Dava Street
Broomloan Road
Glasgow
G51 2JA

PLZ Soccer Limited (Registered number: SC436692)

BALANCE SHEET
31 December 2022

2022 2021
Notes £    £   
FIXED ASSETS
Intangible assets 4 2,220 2,960
Tangible assets 5 157,480 145,143
159,700 148,103

CURRENT ASSETS
Stocks - 10,817
Debtors 6 40,893 31,986
Cash at bank 43,082 57,392
83,975 100,195
CREDITORS
Amounts falling due within one year 7 (101,680 ) (141,309 )
NET CURRENT LIABILITIES (17,705 ) (41,114 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

141,995

106,989

CREDITORS
Amounts falling due after more than one
year

8

(22,987

)

(33,737

)

PROVISIONS FOR LIABILITIES (14,236 ) (13,469 )
NET ASSETS 104,772 59,783

CAPITAL AND RESERVES
Called up share capital 125,100 125,100
Retained earnings (20,328 ) (65,317 )
104,772 59,783

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

PLZ Soccer Limited (Registered number: SC436692)

BALANCE SHEET - continued
31 December 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 13 October 2023 and were signed by:





P M McGuire - Director


PLZ Soccer Limited (Registered number: SC436692)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2022

1. STATUTORY INFORMATION

PLZ Soccer Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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 amounts invoiced during the year net, exclusive of Value Added Tax.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

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 machinery etc - 33% on reducing balance, 25% on reducing balance and 20% on reducing balance

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

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.

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PLZ Soccer Limited (Registered number: SC436692)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2022

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2022
and 31 December 2022 3,700
AMORTISATION
At 1 January 2022 740
Charge for year 740
At 31 December 2022 1,480
NET BOOK VALUE
At 31 December 2022 2,220
At 31 December 2021 2,960

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2022 360,554
Additions 59,272
At 31 December 2022 419,826
DEPRECIATION
At 1 January 2022 215,411
Charge for year 46,935
At 31 December 2022 262,346
NET BOOK VALUE
At 31 December 2022 157,480
At 31 December 2021 145,143

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed by associates 40,893 27,702
Other debtors - 4,284
40,893 31,986

PLZ Soccer Limited (Registered number: SC436692)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 10,800 10,800
Trade creditors 1,575 21,950
Taxation and social security 35,552 36,410
Other creditors 53,753 72,149
101,680 141,309

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 22,987 33,737

9. DIRECTOR'S LOAN

The following loans from a director subsisted during the years ended 31 December 2022 and 31 December 2021:

2022 2021
£    £   
P M McGuire
Balance outstanding at start of year (419 ) (106 )
Amounts advanced 4,000 26,424
Amounts repaid (4,004 ) (26,737 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (423 ) (419 )