Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01falseNo description of principal activity44truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 00519763 2023-04-01 2024-03-31 00519763 2022-04-01 2023-03-31 00519763 2024-03-31 00519763 2023-03-31 00519763 c:Director1 2023-04-01 2024-03-31 00519763 c:Director2 2023-04-01 2024-03-31 00519763 c:Director3 2023-04-01 2024-03-31 00519763 c:Director4 2023-04-01 2024-03-31 00519763 c:RegisteredOffice 2023-04-01 2024-03-31 00519763 c:Agent1 2023-04-01 2024-03-31 00519763 d:OfficeEquipment 2023-04-01 2024-03-31 00519763 d:OfficeEquipment 2024-03-31 00519763 d:OfficeEquipment 2023-03-31 00519763 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00519763 d:ComputerEquipment 2023-04-01 2024-03-31 00519763 d:ComputerEquipment 2024-03-31 00519763 d:ComputerEquipment 2023-03-31 00519763 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00519763 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 00519763 d:FreeholdInvestmentProperty 2024-03-31 00519763 d:FreeholdInvestmentProperty 2023-03-31 00519763 d:CurrentFinancialInstruments 2024-03-31 00519763 d:CurrentFinancialInstruments 2023-03-31 00519763 d:Non-currentFinancialInstruments 2024-03-31 00519763 d:Non-currentFinancialInstruments 2023-03-31 00519763 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 00519763 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 00519763 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 00519763 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 00519763 d:ShareCapital 2024-03-31 00519763 d:ShareCapital 2023-03-31 00519763 d:RetainedEarningsAccumulatedLosses 2024-03-31 00519763 d:RetainedEarningsAccumulatedLosses 2023-03-31 00519763 c:FRS102 2023-04-01 2024-03-31 00519763 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 00519763 c:FullAccounts 2023-04-01 2024-03-31 00519763 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 00519763 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company registration number: 00519763







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024


PLANER ASSOCIATES LIMITED






































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PLANER ASSOCIATES LIMITED
 


 
COMPANY INFORMATION


Directors
V G Planer 
J R Planer 
R L Planer 
N G Planer 




Registered number
00519763



Registered office
110 Windmill Road
Sunbury On Thames

Middlesex

TW16 7HD




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY









 


PLANER ASSOCIATES LIMITED
 



CONTENTS



Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6

 


PLANER ASSOCIATES LIMITED
REGISTERED NUMBER:00519763



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
6,442
6,012

Investment property
 5 
1,805,535
1,805,535

  
1,811,977
1,811,547

Current assets
  

Debtors: amounts falling due within one year
 6 
2,544
6,427

Cash at bank and in hand
  
148,409
36,720

  
150,953
43,147

Creditors: amounts falling due within one year
 7 
(68,040)
(55,317)

Net current assets/(liabilities)
  
 
 
82,913
 
 
(12,170)

Total assets less current liabilities
  
1,894,890
1,799,377

Creditors: amounts falling due after more than one year
 8 
(531,815)
(531,815)

Provisions for liabilities
  

Deferred tax
  
(22,842)
(7,089)

  
 
 
(22,842)
 
 
(7,089)

Net assets
  
1,340,233
1,260,473


Capital and reserves
  

Allotted, called up and fully paid share capital
  
1,000
1,000

Profit and loss account
  
1,339,233
1,259,473

  
1,340,233
1,260,473


Page 1

 


PLANER ASSOCIATES LIMITED
REGISTERED NUMBER:00519763


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




V G Planer
Director

Date: 12 August 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


PLANER ASSOCIATES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Planer Associates Limited is a private company limited by shares and incorporated in England and Wales. The address of its registered office and principal place of business can be found on the company information page. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is derived from rent receivable and is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Rental income is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Page 3

 


PLANER ASSOCIATES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
33%
Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 4

 


PLANER ASSOCIATES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Office equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 April 2023
4,767
2,000
6,767


Additions
2,557
-
2,557



At 31 March 2024

7,324
2,000
9,324



Depreciation


At 1 April 2023
425
330
755


Charge for the year
1,576
551
2,127



At 31 March 2024

2,001
881
2,882



Net book value



At 31 March 2024
5,323
1,119
6,442



At 31 March 2023
4,342
1,670
6,012


5.


Investment property


Freehold investment property

£



Valuation


At 1 April 2023
1,805,535



At 31 March 2024
1,805,535

The most recent formal valuations were made by Vail Williams in August 2019. The 2024 valuations were made by
the directors, on an open market value for existing use basis.






Page 5

 


PLANER ASSOCIATES LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Debtors

2024
2023
£
£


Other debtors
75
4,259

Prepayments and accrued income
2,469
2,168

2,544
6,427



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
2,047
-

Other taxation and social security
10,283
787

Other creditors
911
911

Accruals and deferred income
54,799
53,619

68,040
55,317



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other creditors
531,815
531,815

531,815
531,815



9.


Transactions with directors

Included within other debtors and other creditors are the following transactions with the directors. 


2024
2023
£
£

Balance outstanding at the start of year
(532,690)
(532,901)
Amounts advanced
39
211
Balance outstanding at end of year
(532,651)
(532,690)

The balances included within other debtors and other creditors due within one year are repayable on demand. Interest is not charged on these balances.
 
Other creditors falling due after more than one year are loan notes payable to the directors. Interest is charged at 6% per annum.

Page 6