09298600falsethe sale and installation of shutters. The company was incorporated on 6th November 2014 and commenced to trade 1st January 20162022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2022-02-28http://www.companieshouse.gov.uk/cd:Director12022-03-012023-02-28http://www.companieshouse.gov.uk/pt:ShareCapital2023-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-02-28http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-02-28http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-03-012023-02-28http://www.companieshouse.gov.uk/pt:MotorCars2022-02-28http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-02-28http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:MotorCars2023-02-28http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-03-012023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-02-28http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-02-28http://www.companieshouse.gov.uk/2022-03-012023-02-28http://www.companieshouse.gov.uk/2022-02-28http://www.companieshouse.gov.uk/cd:FRS1022022-03-012023-02-28http://www.companieshouse.gov.uk/2023-02-28http://www.companieshouse.gov.uk/cd:FullAccounts2022-03-012023-02-28http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-03-012023-02-28iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09298600

Absolute Plantation Shutters Ltd

ACCOUNTS
FOR THE YEAR ENDED 28/02/2023

Prepared By:
Montague Kaye
Accountants and Registered Auditors
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU

Absolute Plantation Shutters Ltd

ACCOUNTS
FOR THE YEAR ENDED 28/02/2023
DIRECTORS
Mr P T Beckett
REGISTERED OFFICE
82 Reddish Road
Reddish
Stockport
SK5 7QU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09298600
ACCOUNTANTS
Montague Kaye
Accountants and Registered Auditors
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU

Absolute Plantation Shutters Ltd

ACCOUNTS
FOR THEYEARENDED28/02/2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Absolute Plantation Shutters Ltd

BALANCE SHEET AT 28/02/2023
20232022
Notes££
FIXED ASSETS
Tangible assets351,35851,839
CURRENT ASSETS
Stock82,80452,389
Debtors5135,74070,482
Cash at bank and in hand160,056341,588
378,600464,459
CREDITORS: Amounts falling due within one year6142,761258,766
NET CURRENT ASSETS235,839205,693
TOTAL ASSETS LESS CURRENT LIABILITIES287,197257,532
CREDITORS: Amounts falling due after more than one year725,83335,833
NET ASSETS261,364221,699
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account261,264221,599
SHAREHOLDERS' FUNDS261,364221,699
For the year ending 28/02/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 09/11/2023 and signed on their behalf by
.............................
Mr P T Beckett
Director

Absolute Plantation Shutters Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 28/02/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 15%
Equipmentreducing balance 20%
Motor Carsreducing balance 20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20232022
No.No.
Average number of employees1014

Absolute Plantation Shutters Ltd

3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentMotor CarsTotal
££££
Cost
At 01/03/202230,95817,87638,05186,885
Additions2,2125708,02210,804
At 28/02/202333,17018,44646,07397,689
Depreciation
At 01/03/20228,2797,32219,44535,046
For the year3,7342,2255,32611,285
At 28/02/202312,0139,54724,77146,331
Net Book Amounts
At 28/02/202321,1578,89921,30251,358
At 28/02/202222,67910,55418,60651,839
4. STOCK 20232022
££
Stock comprises:
Work in progress82,80452,389
82,80452,389
5. DEBTORS 20232022
££
Amounts falling due within one year
Wages control-343
Rent deposit4,5504,550
Amounts due from related companies131,19065,589
135,74070,482

Absolute Plantation Shutters Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax17,93927,289
VAT54,82447,196
PAYE control8,66511,290
Pensions control600774
CIS wages control-1,100
Directors loan account 25,91253,755
Bank Loan10,00010,000
Trade creditors10,92110,500
Accruals13,90013,650
Amounts due to related companies-83,212
142,761258,766
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1yr25,83335,833
25,83335,833
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. RELATED PARTY TRANSACTIONS
During the current and previous year, the company was under the control of it's director and shareholder Mr P T Beckett.
At the balance sheet date £65,589 was owed from Thermalite Shutters Limited (Company no. 12728423) and £65,601 from Absolute Trade Shutters Limited (Company no. 12523419) companies also controlled by Mr P T Beckett.