Company Registration No. 08884430 (England and Wales)
PLANNING AND COSTING SOLUTIONS LIMITED
Unaudited accounts
for the year ended 28 February 2023
PLANNING AND COSTING SOLUTIONS LIMITED
Unaudited accounts
Contents
PLANNING AND COSTING SOLUTIONS LIMITED
Company Information
for the year ended 28 February 2023
Director
William John Moloney
Company Number
08884430 (England and Wales)
Registered Office
4 Sunningdale Gardens
London
NW9 9NB
United Kingdom
Accountants
Genius Accountancy Ltd
27 Old Gloucester Street
London
WC1N 3AX
PLANNING AND COSTING SOLUTIONS LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
13,358
504
Cash at bank and in hand
36,474
49,130
Creditors: amounts falling due within one year
(21,058)
(11,803)
Net current assets
35,632
39,717
Total assets less current liabilities
48,990
40,221
Creditors: amounts falling due after more than one year
(6,399)
(4,315)
Called up share capital
200
200
Profit and loss account
42,391
35,706
Shareholders' funds
42,591
35,906
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 20 November 2023 and were signed on its behalf by
William John Moloney
Director
Company Registration No. 08884430
PLANNING AND COSTING SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 28 February 2023
PLANNING AND COSTING SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08884430. The registered office is 4 Sunningdale Gardens, London, NW9 9NB, United Kingdom.
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.
These financial statements for the year ended 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
2,500
1,493
3,993
Additions
15,985
379
16,364
At 28 February 2023
18,485
1,872
20,357
At 1 March 2022
2,250
1,239
3,489
Charge for the year
3,260
250
3,510
At 28 February 2023
5,510
1,489
6,999
At 28 February 2023
12,975
383
13,358
At 28 February 2022
250
254
504
PLANNING AND COSTING SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,562
3,331
Taxes and social security
5,925
8,159
Loans from directors
4,586
313
7
Creditors: amounts falling due after more than one year
2023
2022
8
Transactions with related parties
As at the year end, the company was owed the following amounts to related companies under the common control of the director.
Company: NIGADA LIMITED : £751
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).