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Company Registration No. 11954349 (England and Wales)
Plimmerway Ltd Unaudited accounts for the year ended 30 April 2024
Plimmerway Ltd Unaudited accounts Contents
Page
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Plimmerway Ltd Company Information for the year ended 30 April 2024
Director
Mr D Plimmer
Company Number
11954349 (England and Wales)
Registered Office
11 Geranium Close Billingham Cleveland TS23 2BY
Accountants
Lyons Watson Accountants Business Central 2 Union Square Darlington Co Durham DL1 1GL
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Plimmerway Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,323 
3,100 
Current assets
Debtors
14,218 
20,688 
Cash at bank and in hand
5,116 
2,724 
19,334 
23,412 
Creditors: amounts falling due within one year
(13,875)
(14,578)
Net current assets
5,459 
8,834 
Total assets less current liabilities
7,782 
11,934 
Creditors: amounts falling due after more than one year
(7,333)
(11,333)
Provisions for liabilities
Deferred tax
(442)
(589)
Net assets
7 
12 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
6 
11 
Shareholders' funds
7 
12 
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 2 October 2024 and were signed on its behalf by
Mr D Plimmer Director Company Registration No. 11954349
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Plimmerway Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Plimmerway Ltd is a private company, limited by shares, registered in England and Wales, registration number 11954349. The registered office is 11 Geranium Close, Billingham, Cleveland, TS23 2BY.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Plimmerway Ltd Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
1,583 
4,427 
6,010 
At 30 April 2024
1,583 
4,427 
6,010 
Depreciation
At 1 May 2023
822 
2,088 
2,910 
Charge for the year
190 
587 
777 
At 30 April 2024
1,012 
2,675 
3,687 
Net book value
At 30 April 2024
571 
1,752 
2,323 
At 30 April 2023
761 
2,339 
3,100 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,528 
13,920 
Other debtors
7,690 
6,768 
14,218 
20,688 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,000 
4,000 
VAT
3,504 
3,944 
Taxes and social security
5,171 
6,634 
Accruals
1,200 
- 
13,875 
14,578 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
7,333 
11,333 
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Plimmerway Ltd Notes to the Accounts for the year ended 30 April 2024
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
442 
589 
2024 
2023 
£ 
£ 
Provision at start of year
589 
588 
(Credited)/charged to the profit and loss account
(147)
1 
Provision at end of year
442 
589 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr D Plimmer
Directors Loan
- 
3,420 
- 
3,420 
- 
3,420 
- 
3,420 
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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