Plantdrive Development Limited |
Registered Number:11325659 |
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2024
Plantdrive Development Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Plantdrive Development Limited
Statement of Financial Position
2023
2024
1,200,000
1,200,000
2
Trade and other receivables |
6,000
6,000
3
996,214
Cash and cash equivalents |
1,059,111
2,265,111
2,202,214
Trade and other payables: amounts falling due within one |
year |
(44,107)
(52,500)
4
2,158,107
2,212,611
Net current assets
Total assets less current liabilities |
2,212,611
2,158,107
(160,500)
(160,500)
Provisions for liabilities |
2,052,111
Net assets
1,997,607
1,006,000
1,006,000
1,090,860
1,090,860
(44,749)
(99,253)
2,052,111
1,997,607
Shareholders' funds
For the year ended 31 March 2024 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 of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 04 June 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2024
Plantdrive Development Limited
Notes to the Financial Statements
Statutory Information
Plantdrive Development Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 11325659. |
3 Preston Parade
Whitstable
Kent
CT5 4AA
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Inventories
The stock is land gifted to the company. It has been included at its market value on transfer from a group company.The original Cost was £558,000. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
2023
2024
1,200,000
1,200,000
3. Trade and other receivables |
2023
2024
6,000
6,000
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For the year ended 31 March 2024
Plantdrive Development Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2023
2024
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
49,662
41,210
Taxation and social security |
1,518
497
1,320
2,400
52,500
44,107
5. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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