2022-03-012023-02-282023-02-28false09462860PLACE PROPERTY GROUP LTD2023-11-2662012iso4217:GBPxbrli:pure094628602022-03-01094628602023-02-28094628602022-03-012023-02-28094628602021-03-01094628602022-02-28094628602021-03-012022-02-2809462860bus:SmallEntities2022-03-012023-02-2809462860bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2809462860bus:FullAccounts2022-03-012023-02-2809462860bus:PrivateLimitedCompanyLtd2022-03-012023-02-2809462860core:WithinOneYear2023-02-2809462860core:AfterOneYear2023-02-2809462860core:WithinOneYear2022-02-2809462860core:AfterOneYear2022-02-2809462860core:ShareCapital2023-02-2809462860core:SharePremium2023-02-2809462860core:RevaluationReserve2023-02-2809462860core:OtherReservesSubtotal2023-02-2809462860core:RetainedEarningsAccumulatedLosses2023-02-2809462860core:ShareCapital2022-02-2809462860core:SharePremium2022-02-2809462860core:RevaluationReserve2022-02-2809462860core:OtherReservesSubtotal2022-02-2809462860core:RetainedEarningsAccumulatedLosses2022-02-2809462860core:LandBuildings2023-02-2809462860core:PlantMachinery2023-02-2809462860core:Vehicles2023-02-2809462860core:FurnitureFittings2023-02-2809462860core:OfficeEquipment2023-02-2809462860core:NetGoodwill2023-02-2809462860core:IntangibleAssetsOtherThanGoodwill2023-02-2809462860core:ListedExchangeTraded2023-02-2809462860core:UnlistedNon-exchangeTraded2023-02-2809462860core:LandBuildings2022-02-2809462860core:PlantMachinery2022-02-2809462860core:Vehicles2022-02-2809462860core:FurnitureFittings2022-02-2809462860core:OfficeEquipment2022-02-2809462860core:NetGoodwill2022-02-2809462860core:IntangibleAssetsOtherThanGoodwill2022-02-2809462860core:ListedExchangeTraded2022-02-2809462860core:UnlistedNon-exchangeTraded2022-02-2809462860core:LandBuildings2022-03-012023-02-2809462860core:PlantMachinery2022-03-012023-02-2809462860core:Vehicles2022-03-012023-02-2809462860core:FurnitureFittings2022-03-012023-02-2809462860core:OfficeEquipment2022-03-012023-02-2809462860core:NetGoodwill2022-03-012023-02-2809462860core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809462860core:ListedExchangeTraded2022-03-012023-02-2809462860core:UnlistedNon-exchangeTraded2022-03-012023-02-2809462860core:MoreThanFiveYears2022-03-012023-02-2809462860core:Non-currentFinancialInstruments2023-02-2809462860core:Non-currentFinancialInstruments2022-02-2809462860dpl:CostSales2022-03-012023-02-2809462860dpl:DistributionCosts2022-03-012023-02-2809462860core:LandBuildings2022-03-012023-02-2809462860core:PlantMachinery2022-03-012023-02-2809462860core:Vehicles2022-03-012023-02-2809462860core:FurnitureFittings2022-03-012023-02-2809462860core:OfficeEquipment2022-03-012023-02-2809462860dpl:AdministrativeExpenses2022-03-012023-02-2809462860core:NetGoodwill2022-03-012023-02-2809462860core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809462860dpl:GroupUndertakings2022-03-012023-02-2809462860dpl:ParticipatingInterests2022-03-012023-02-2809462860dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2809462860core:ListedExchangeTraded2022-03-012023-02-2809462860dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2809462860core:UnlistedNon-exchangeTraded2022-03-012023-02-2809462860dpl:CostSales2021-03-012022-02-2809462860dpl:DistributionCosts2021-03-012022-02-2809462860core:LandBuildings2021-03-012022-02-2809462860core:PlantMachinery2021-03-012022-02-2809462860core:Vehicles2021-03-012022-02-2809462860core:FurnitureFittings2021-03-012022-02-2809462860core:OfficeEquipment2021-03-012022-02-2809462860dpl:AdministrativeExpenses2021-03-012022-02-2809462860core:NetGoodwill2021-03-012022-02-2809462860core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2809462860dpl:GroupUndertakings2021-03-012022-02-2809462860dpl:ParticipatingInterests2021-03-012022-02-2809462860dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2809462860core:ListedExchangeTraded2021-03-012022-02-2809462860dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2809462860core:UnlistedNon-exchangeTraded2021-03-012022-02-2809462860core:NetGoodwill2023-02-2809462860core:IntangibleAssetsOtherThanGoodwill2023-02-2809462860core:LandBuildings2023-02-2809462860core:PlantMachinery2023-02-2809462860core:Vehicles2023-02-2809462860core:FurnitureFittings2023-02-2809462860core:OfficeEquipment2023-02-2809462860core:AfterOneYear2023-02-2809462860core:WithinOneYear2023-02-2809462860core:ListedExchangeTraded2023-02-2809462860core:UnlistedNon-exchangeTraded2023-02-2809462860core:ShareCapital2023-02-2809462860core:SharePremium2023-02-2809462860core:RevaluationReserve2023-02-2809462860core:OtherReservesSubtotal2023-02-2809462860core:RetainedEarningsAccumulatedLosses2023-02-2809462860core:NetGoodwill2022-02-2809462860core:IntangibleAssetsOtherThanGoodwill2022-02-2809462860core:LandBuildings2022-02-2809462860core:PlantMachinery2022-02-2809462860core:Vehicles2022-02-2809462860core:FurnitureFittings2022-02-2809462860core:OfficeEquipment2022-02-2809462860core:AfterOneYear2022-02-2809462860core:WithinOneYear2022-02-2809462860core:ListedExchangeTraded2022-02-2809462860core:UnlistedNon-exchangeTraded2022-02-2809462860core:ShareCapital2022-02-2809462860core:SharePremium2022-02-2809462860core:RevaluationReserve2022-02-2809462860core:OtherReservesSubtotal2022-02-2809462860core:RetainedEarningsAccumulatedLosses2022-02-2809462860core:NetGoodwill2021-03-0109462860core:IntangibleAssetsOtherThanGoodwill2021-03-0109462860core:LandBuildings2021-03-0109462860core:PlantMachinery2021-03-0109462860core:Vehicles2021-03-0109462860core:FurnitureFittings2021-03-0109462860core:OfficeEquipment2021-03-0109462860core:AfterOneYear2021-03-0109462860core:WithinOneYear2021-03-0109462860core:ListedExchangeTraded2021-03-0109462860core:UnlistedNon-exchangeTraded2021-03-0109462860core:ShareCapital2021-03-0109462860core:SharePremium2021-03-0109462860core:RevaluationReserve2021-03-0109462860core:OtherReservesSubtotal2021-03-0109462860core:RetainedEarningsAccumulatedLosses2021-03-0109462860core:AfterOneYear2022-03-012023-02-2809462860core:WithinOneYear2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:CostValuation2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-012023-02-2809462860core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2809462860core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2809462860core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2809462860core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2809462860core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2809462860core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2809462860core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2809462860core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2809462860core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2809462860core:Non-currentFinancialInstrumentscore:CostValuation2022-02-2809462860core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-2809462860core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-2809462860core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-2809462860core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-2809462860core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-2809462860core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-2809462860core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-2809462860core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-2809462860bus:Director12022-03-012023-02-28

PLACE PROPERTY GROUP LTD

Registered Number
09462860
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2023

PLACE PROPERTY GROUP LTD
Company Information
for the year from 1 March 2022 to 28 February 2023

Director

JAGGARD, Daniel Andrew William

Registered Address

8-10 Millgate
Thirsk
YO7 1AA

Place of Business

The Old Mill

Ixworth

Norton

Bury St Edmonds

IP31 3LJ


Registered Number

09462860 (England and Wales)
PLACE PROPERTY GROUP LTD
Balance Sheet as at
28 February 2023

Notes

2023

2022

£

£

£

£

Current assets
Cash at bank and on hand11
11
Creditors amounts falling due within one year7(98,696)(98,558)
Net current assets (liabilities)(98,695)(98,557)
Total assets less current liabilities(98,695)(98,557)
Net assets(98,695)(98,557)
Capital and reserves
Profit and loss account(98,695)(98,557)
Shareholders' funds(98,695)(98,557)
The financial statements were approved and authorised for issue by the Director on 26 November 2023, and are signed on its behalf by:
JAGGARD, Daniel Andrew William
Director
Registered Company No. 09462860
PLACE PROPERTY GROUP LTD
Notes to the Financial Statements
for the year ended 28 February 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery5
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Research and development policy
Expenditure on research and development is charged to the profit and loss account in the year in which it is incurred.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Going concern
There were net liabilities of £98,695 at the balance sheet date. The accounts have been prepared on a going concern basis as the director has confirmed continued support for the company for at least 12 months from the date of signing the accounts.
4.Employee information

20232022
Average number of employees during the year00
5.Property, plant and equipment

Plant & machinery

Total

££
Cost or valuation
At 01 March 22726726
At 28 February 23726726
Depreciation and impairment
At 01 March 22726726
At 28 February 23726726
Net book value
At 28 February 23--
At 28 February 22--
6.Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Creditors within one year

2023

2022

££
Other creditors98,39598,238
Accrued liabilities and deferred income301320
Total98,69698,558
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.