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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
Page
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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.
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PL LONDON LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
605,473 
507,545 
Investments
146,000 
146,000 
751,473 
653,545 
Current assets
Debtors
2,864,809 
2,241,355 
Cash at bank and in hand
88,657 
25,288 
2,953,466 
2,266,643 
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 
Capital and reserves
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
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PL LONDON LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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..
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:
4
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 
Depreciation
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 
Net book value
At 30 April 2024
13,982 
570,843 
20,648 
605,473 
At 30 April 2023
11,718 
478,240 
17,587 
507,545 
5
Investments
Other investments 
£ 
Valuation at 1 May 2023
146,000 
Valuation at 30 April 2024
146,000 
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PL LONDON LTD Notes to the Accounts for the year ended 30 April 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
81,231 
49,445 
Trade debtors
1,653,495 
1,414,808 
Accrued income and prepayments
34,334 
32,334 
Other debtors
1,095,749 
744,768 
2,864,809 
2,241,355 
7
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 
Accruals
5,277 
- 
2,717,239 
1,982,675 
8
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 
631,018 
706,896 
9
Average number of employees
During the year the average number of employees was 28 (2023: 21).
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