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Company Registration No. 06054041 (England and Wales)
Planrite Properties Limited Unaudited accounts for the year ended 31 January 2024
Planrite Properties Limited Unaudited accounts Contents
Page
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Planrite Properties Limited Company Information for the year ended 31 January 2024
Director
Brian Patrick D'Brass
Secretary
Jamie D'Brass
Company Number
06054041 (England and Wales)
Registered Office
17 GAINSBORO GARDENS SUDBURY HILL GREENFORD MIDDLESEX UB6 0JG
Accountants
Pearsons Accountants 24 Alicia Avenue Kenton Middlesex HA3 8HR
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Planrite Properties Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
248 
248 
Tangible assets
562,142 
573,262 
562,390 
573,510 
Current assets
Debtors
8,642 
18,647 
Cash at bank and in hand
6,506 
4,098 
15,148 
22,745 
Creditors: amounts falling due within one year
- 
(1,674)
Net current assets
15,148 
21,071 
Total assets less current liabilities
577,538 
594,581 
Creditors: amounts falling due after more than one year
(536,380)
(553,128)
Net assets
41,158 
41,453 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
41,058 
41,353 
Shareholders' funds
41,158 
41,453 
For the year ending 31 January 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 21 September 2024 and were signed on its behalf by
Brian Patrick D'Brass Director Company Registration No. 06054041
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Planrite Properties Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Planrite Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 06054041. The registered office is 17 GAINSBORO GARDENS, SUDBURY HILL, GREENFORD, MIDDLESEX, UB6 0JG.
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
10% on a reducing balance
Motor vehicles
20% on a reducing balance
Fixtures & fittings
10% on a reducing balance
Computer equipment
20% on a reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 February 2023
248 
At 31 January 2024
248 
Amortisation
At 1 February 2023
- 
At 31 January 2024
- 
Net book value
At 31 January 2024
248 
At 31 January 2023
248 
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Planrite Properties Limited Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 February 2023
502,020 
4,468 
97,000 
68,255 
2,220 
673,963 
At 31 January 2024
502,020 
4,468 
97,000 
68,255 
2,220 
673,963 
Depreciation
At 1 February 2023
- 
3,120 
57,260 
38,309 
2,012 
100,701 
Charge for the year
- 
135 
7,948 
2,995 
42 
11,120 
At 31 January 2024
- 
3,255 
65,208 
41,304 
2,054 
111,821 
Net book value
At 31 January 2024
502,020 
1,213 
31,792 
26,951 
166 
562,142 
At 31 January 2023
502,020 
1,348 
39,740 
29,946 
208 
573,262 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,642 
18,647 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
1,674 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
450,842 
450,898 
Trade creditors
32,507 
51,199 
Loans from directors
53,031 
51,031 
536,380 
553,128 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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