IRIS Accounts Production v24.1.9.2 11698308 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116983082022-11-30116983082023-11-30116983082022-12-012023-11-30116983082021-11-30116983082021-12-012022-11-30116983082022-11-3011698308ns15:EnglandWales2022-12-012023-11-3011698308ns14:PoundSterling2022-12-012023-11-3011698308ns10:Director12022-12-012023-11-3011698308ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011698308ns10:SmallEntities2022-12-012023-11-3011698308ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3011698308ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011698308ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011698308ns10:FullAccounts2022-12-012023-11-3011698308ns10:CompanySecretary12022-12-012023-11-3011698308ns10:RegisteredOffice2022-12-012023-11-3011698308ns5:CurrentFinancialInstruments2023-11-3011698308ns5:CurrentFinancialInstruments2022-11-3011698308ns5:Non-currentFinancialInstruments2023-11-3011698308ns5:Non-currentFinancialInstruments2022-11-3011698308ns5:ShareCapital2023-11-3011698308ns5:ShareCapital2022-11-3011698308ns5:RetainedEarningsAccumulatedLosses2023-11-3011698308ns5:RetainedEarningsAccumulatedLosses2022-11-3011698308ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3011698308ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30116983081ns10:Director12022-11-30116983081ns10:Director12021-11-30116983081ns10:Director12022-12-012023-11-30116983081ns10:Director12021-12-012022-11-30116983081ns10:Director12023-11-30116983081ns10:Director12022-11-30
REGISTERED NUMBER: 11698308 (England and Wales)

























Unaudited Financial Statements for the Year Ended 30 November 2023

for

Plus Networks Ltd

Plus Networks Ltd (Registered number: 11698308)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Plus Networks Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: D Read





SECRETARY: D Read





REGISTERED OFFICE: 4 Ducie Close
Cromhall
Bristol
GL12 8BG





REGISTERED NUMBER: 11698308 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

Plus Networks Ltd (Registered number: 11698308)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 35,502 32,137
Cash at bank 18 1
35,520 32,138
CREDITORS
Amounts falling due within one year 5 16,998 11,349
NET CURRENT ASSETS 18,522 20,789
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,522

20,789

CREDITORS
Amounts falling due after more than one year 6 18,053 20,251
NET ASSETS 469 538

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 468 537
SHAREHOLDERS' FUNDS 469 538

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Plus Networks Ltd (Registered number: 11698308)

Balance Sheet - continued
30 November 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 August 2024 and were signed by:





D Read - Director


Plus Networks Ltd (Registered number: 11698308)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Plus Networks Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 6,895
Directors' current accounts 35,502 25,242
35,502 32,137

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans 4,200 4,200
Tax 6,205 2,339
Social security and other taxes 36 -
VAT 5,717 3,970
Accrued expenses 840 840
16,998 11,349

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans - 1-2 years 4,200 4,200
Other loans - 2-5 years 13,853 16,051
18,053 20,251

Plus Networks Ltd (Registered number: 11698308)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
D Read
Balance outstanding at start of year 25,242 10,631
Amounts advanced 35,521 22,733
Amounts repaid (25,261 ) (8,122 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 35,502 25,242

The Directors Loan Account was overdrawn at the year end but will be repaid within 9 months and 1 day of the year end date