Company Registration No. 01406514 (England and Wales)
Plyford Limited
Unaudited accounts
for the year ended 31 March 2024
Plyford Limited
Unaudited accounts
Contents
Plyford Limited
Company Information
for the year ended 31 March 2024
Directors
Dr A. Ozkok
Mr M. Pourghadiri
Ms M. Antonioli
Ms N. Attari
Mr L. Gallone
Dr A. McClelland
Company Number
01406514 (England and Wales)
Registered Office
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Plyford Limited for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Plyford Limited for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Plyford Limited, as a body, in accordance with the terms of our engagement letter dated 3 August 2016. Our work has been undertaken solely to prepare for your approval the accounts of Plyford Limited and state those matters that we have agreed to state to the Board of Directors of Plyford Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Plyford Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Plyford Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Plyford Limited. You consider that Plyford Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Plyford Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd
Chartered Accountants
103 High Street
Waltham Cross
EN8 7AN
19 August 2024
Plyford Limited
Statement of financial position
as at 31 March 2024
Tangible assets
1,347
1,347
Cash at bank and in hand
14,120
10,100
Creditors: amounts falling due within one year
(4,358)
(2,689)
Net current assets
9,762
10,027
Called up share capital
4
4
Profit and loss account
11,105
11,370
Shareholders' funds
11,109
11,374
For the year ending 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 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 applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by
Dr A. Ozkok
Director
Company Registration No. 01406514
Plyford Limited
Notes to the Accounts
for the year ended 31 March 2024
Plyford Limited is a private company, limited by shares, registered in England and Wales, registration number 01406514. The registered office is Brindley Goldstein Ltd, 103 High Street, Waltham Cross, EN8 7AN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents rent receivable.
Tangible fixed assets and depreciation
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation would be immaterial. The directors undertake an annual impairment review of these properties.
4
Tangible fixed assets
Land & buildings
Plyford Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
-
2,616
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
181
181
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
8
Transactions with related parties
The company was under the control of Dr A. Ozkok, Dr A. McClelland, Mr M. Pourghadiri and Ms M. Antonioli throughout the current year. They are all personally interested in 25% of the company's share capital.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).