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REGISTERED NUMBER: 08084588 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE PENSION PLANNER LIMITED

THE PENSION PLANNER LIMITED (REGISTERED NUMBER: 08084588)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


THE PENSION PLANNER LIMITED (REGISTERED NUMBER: 08084588)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 79,673 92,926
79,673 92,926

CURRENT ASSETS
Debtors 6 40,500 48,090
Cash at bank and in hand 580,428 529,403
620,928 577,493
CREDITORS
Amounts falling due within one year 7 140,092 117,345
NET CURRENT ASSETS 480,836 460,148
TOTAL ASSETS LESS CURRENT
LIABILITIES

560,509

553,074

CREDITORS
Amounts falling due after more than one
year

8

(177,688

)

(277,354

)

PROVISIONS FOR LIABILITIES 9 (15,138 ) (17,656 )
NET ASSETS 367,683 258,064

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 367,583 257,964
SHAREHOLDERS' FUNDS 367,683 258,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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 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.

THE PENSION PLANNER LIMITED (REGISTERED NUMBER: 08084588)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 17 April 2024 and were signed on its behalf by:




A Hursthouse - Director



N A Pratt - Director


THE PENSION PLANNER LIMITED (REGISTERED NUMBER: 08084588)

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


1. STATUTORY INFORMATION

The Pension Planner Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08084588

Registered office: Courtwood House
Silver Street Head
Sheffield
South Yorkshire
S1 2DD

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


THE PENSION PLANNER LIMITED (REGISTERED NUMBER: 08084588)

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


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 39,000
AMORTISATION
At 1 April 2023
and 31 March 2024 39,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

THE PENSION PLANNER LIMITED (REGISTERED NUMBER: 08084588)

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


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 101,923
DEPRECIATION
At 1 April 2023 8,997
Charge for year 13,253
At 31 March 2024 22,250
NET BOOK VALUE
At 31 March 2024 79,673
At 31 March 2023 92,926

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 96,274
DEPRECIATION
At 1 April 2023 4,069
Charge for year 13,060
At 31 March 2024 17,129
NET BOOK VALUE
At 31 March 2024 79,145
At 31 March 2023 92,205

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 40,500 39,500
Other debtors - 8,590
40,500 48,090

THE PENSION PLANNER LIMITED (REGISTERED NUMBER: 08084588)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 90,079 81,593
Hire purchase contracts 9,587 8,910
Trade creditors 4,177 8,247
Taxation and social security 33,269 15,707
Other creditors 2,980 2,888
140,092 117,345

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 113,463 203,542
Hire purchase contracts 64,225 73,812
177,688 277,354

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 15,138 17,656

Deferred
tax
£   
Balance at 1 April 2023 17,656
Utilised during year (2,518 )
Balance at 31 March 2024 15,138

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary shares 1 100 100

11. ULTIMATE CONTROLLING PARTY

The company was under the control of Mr A Hursthouse and Mr N Pratt throughout the current and previous period.