PLUS200CLUB LIMITED

Company Registration Number:
09737790 (England and Wales)

Unaudited micro entity accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

PLUS200CLUB LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

PLUS200CLUB LIMITED

Company Information

for the Period Ended 31 August 2023




Director: Neil Brett-Richards
Registered office: Broadley Garage
Nazeing Common, Bumbles Green
Nazeing
Essex
England
EN9 2SH
Company Registration Number: 09737790 (England and Wales)

PLUS200CLUB LIMITED

Directors' Report Period Ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Principal Activities

Sale of used cars

Additional information

This has been a very trying year given the starting position where an outstanding sum of in excess of £32k owed by Sterling Car Sales Ltd had to be written-of (in last year's accounts) as it was finally determined that there was NIL chance of recovering any amount of the debt. In addition, two accounting errors were discovered as follows: 1. Long-term loans, reflected in previous accounts,, of £17,250 in December 2019 and £13,300 in September 2022 were both converted to Gifts. They were not correctly accounted for after that period. 2. In addition, it was identified sums due back from a separate (an non-related loan) to Jump City Ltd from funds out with the Plus 200 Club Ltd accounts were received as follow: £5,000 October 2021 £5,000 November 2021 £5,000 January 2022 and £5,000 March 2022 Introduction of any of these sums was not correctly reflected when they were added as Capital Funds to the Plus 200 Club Ltd accounts at the time of their receipt. When identified they were added as Capital Funds in the May 2023 accounts going forward but NO retrospective adjustments have been made to earlier accounts.

Directors

The directors shown below have held office during the whole of the period from 01 September 2022 to 31 August 2023
Neil Brett-Richards

This report was approved by the board of directors on 5 April 2024
And Signed On Behalf Of The Board By:

Name: Neil Brett-Richards
Status: Director

PLUS200CLUB LIMITED

Profit and Loss Account

for the Period Ended 31 August 2023


2023
£

2022
£
Turnover 981,374 819,699
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 0
Cost of Materials ( 870,037 ) ( 738,779 )
Staff Costs ( 38,811 ) ( 29,441 )
Depreciation and Writeoffs ( 3,032 ) ( 3,219 )
Other charges ( 90,715 ) ( 87,671 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 21,221 ) ( 39,411 )

PLUS200CLUB LIMITED

Balance sheet

As at 31 August 2023


2023
£

2022
£
Called up share capital not paid: 5,713 8,556
Fixed Assets: 124,173 111,883
Prepayments and accrued income: 1,690 1,914
Creditors: amounts falling due within one year: ( 155,883 ) ( 144,648 )
Net current assets (liabilities): ( 154,193 ) ( 142,734 )
Total assets less current liabilities: ( 24,307 ) ( 22,295 )
Creditors: amounts falling due after more than one year: ( 64,000 ) ( 96,496 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 88,307 ) ( 118,791 )
Capital and reserves: ( 88,307 ) ( 118,791 )

PLUS200CLUB LIMITED

Balance sheet continued

For the year ending 31 August 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 5 April 2024
And Signed On Behalf Of The Board By:

Name: Neil Brett-Richards
Status: Director

The notes form part of these financial statements

PLUS200CLUB LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Employee Information

    Average number of employees: 1

PLUS200CLUB LIMITED

Footnotes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Off balance sheet disclosure

    No