Company Registration No. 11929295 (England and Wales)
PL LONDON LTD
Unaudited accounts
for the year ended 30 April 2024
PL LONDON LTD
Unaudited accounts
Contents
PL LONDON LTD
Company Information
for the year ended 30 April 2024
Director
Phillip James HILBECK
Company Number
11929295 (England and Wales)
Registered Office
124 CITY ROAD
LONDON
EC1V 2NX.
PL LONDON LTD
Statement of financial position
as at 30 April 2024
Tangible assets
605,473
507,545
Investments
146,000
146,000
Debtors
2,864,809
2,241,355
Cash at bank and in hand
88,657
25,288
Creditors: amounts falling due within one year
(2,717,239)
(1,982,675)
Net current assets
236,227
283,968
Total assets less current liabilities
987,700
937,513
Creditors: amounts falling due after more than one year
(631,018)
(706,896)
Net assets
356,682
230,617
Called up share capital
100
100
Profit and loss account
356,582
230,517
Shareholders' funds
356,682
230,617
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 15 October 2024 and were signed on its behalf by
Phillip James HILBECK
Director
Company Registration No. 11929295
PL LONDON LTD
Notes to the Accounts
for the year ended 30 April 2024
PL LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 11929295. The registered office is 124 CITY ROAD, LONDON, EC1V 2NX..
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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.
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:
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
19,604
554,705
28,221
602,530
Additions
5,333
165,740
7,594
178,667
Disposals
-
(36,700)
-
(36,700)
At 30 April 2024
24,937
683,745
35,815
744,497
At 1 May 2023
7,886
76,465
10,634
94,985
Charge for the year
3,069
36,437
4,533
44,039
At 30 April 2024
10,955
112,902
15,167
139,024
At 30 April 2024
13,982
570,843
20,648
605,473
At 30 April 2023
11,718
478,240
17,587
507,545
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Investments
Other investments
Valuation at 1 May 2023
146,000
Valuation at 30 April 2024
146,000
PL LONDON LTD
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
1,653,495
1,414,808
Accrued income and prepayments
34,334
32,334
Other debtors
1,095,749
744,768
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
239,362
268,043
Trade creditors
1,036,805
940,096
Taxes and social security
205,201
89,511
Other creditors
1,043,228
552,849
Loans from directors
187,366
132,176
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Creditors: amounts falling due after more than one year
2024
2023
Bank loans
280,834
350,834
Obligations under finance leases and hire purchase contracts
350,184
356,062
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Average number of employees
During the year the average number of employees was 28 (2023: 21).