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REGISTERED NUMBER: 00504452 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2023

for

P L G (Yorkshire) Ltd

P L G (Yorkshire) Ltd (Registered number: 00504452)






Contents of the Financial Statements
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

P L G (Yorkshire) Ltd

Company Information
for the year ended 31 March 2023







DIRECTORS: M P Breeze
Miss N Breeze
Mrs L J Breeze





REGISTERED OFFICE: Sherman House
5 Waterloo Way
Bramley
Leeds
West Yorkshire
LS13 2EF





REGISTERED NUMBER: 00504452 (England and Wales)





ACCOUNTANTS: Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ

P L G (Yorkshire) Ltd (Registered number: 00504452)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 321,027 322,264
321,027 322,264

CURRENT ASSETS
Stocks 49,750 36,000
Debtors 6 209,293 276,598
Cash at bank 32 26,989
259,075 339,587
CREDITORS
Amounts falling due within one year 7 366,661 427,132
NET CURRENT LIABILITIES (107,586 ) (87,545 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

213,441

234,719

CREDITORS
Amounts falling due after more than one
year

8

(90,408

)

(106,263

)

PROVISIONS FOR LIABILITIES (66,108 ) (46,081 )
NET ASSETS 56,925 82,375

CAPITAL AND RESERVES
Called up share capital 9,000 9,000
Capital redemption reserve 27,000 27,000
Retained earnings 20,925 46,375
SHAREHOLDERS' FUNDS 56,925 82,375

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

P L G (Yorkshire) Ltd (Registered number: 00504452)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 13 November 2023 and were signed on its behalf by:





M P Breeze - Director


P L G (Yorkshire) Ltd (Registered number: 00504452)

Notes to the Financial Statements
for the year ended 31 March 2023

1. STATUTORY INFORMATION

P L G (Yorkshire) Ltd is a private company, limited by shares , registered in England and Wales. 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 is measured at the fair value of the consideration received or receivable excluding discounts, rebates and value added tax in respect of process engraving.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006 is being amortised evenly over its remaining useful life of 5 years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - 4% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% 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.

Government grants
Government grants of a revenue nature which do not have performance conditions attached are recognised as income in full in the period in which entitlement has been satisfied.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

P L G (Yorkshire) Ltd (Registered number: 00504452)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 76,438
AMORTISATION
At 1 April 2022
and 31 March 2023 76,438
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2022 174,599 541,209 67,825 131,259 914,892
Additions - 55,568 1,208 - 56,776
At 31 March 2023 174,599 596,777 69,033 131,259 971,668
DEPRECIATION
At 1 April 2022 111,679 381,673 58,022 41,254 592,628
Charge for year 6,984 26,649 1,879 22,501 58,013
At 31 March 2023 118,663 408,322 59,901 63,755 650,641
NET BOOK VALUE
At 31 March 2023 55,936 188,455 9,132 67,504 321,027
At 31 March 2022 62,920 159,536 9,803 90,005 322,264

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 204,821 261,462
Other debtors 4,472 15,136
209,293 276,598

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 184,066 225,715
Hire purchase contracts 51,322 44,955
Trade creditors 78,070 106,631
Taxation and social security 35,075 45,498
Other creditors 18,128 4,333
366,661 427,132

P L G (Yorkshire) Ltd (Registered number: 00504452)

Notes to the Financial Statements - continued
for the year ended 31 March 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 18,136 25,948
Hire purchase contracts 72,272 80,315
90,408 106,263

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank overdrafts 176,291 200,861
Hire purchase contracts 123,594 125,270
299,885 326,131

10. OTHER FINANCIAL COMMITMENTS

The total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £53,579 (2022 - £10,159).

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
M P Breeze
Balance outstanding at start of year 3,101 12,386
Amounts advanced 38,672 4,715
Amounts repaid (54,162 ) (14,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (12,389 ) 3,101

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
P L G (Yorkshire) Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of P L G (Yorkshire) Ltd for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of P L G (Yorkshire) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P L G (Yorkshire) Ltd and state those matters that we have agreed to state to the Board of Directors of P L G (Yorkshire) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than P L G (Yorkshire) Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that P L G (Yorkshire) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of P L G (Yorkshire) Ltd. You consider that P L G (Yorkshire) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of P L G (Yorkshire) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ


13 November 2023