1 October 2023 v2024.52.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP104058392023-10-012024-09-30104058392024-09-30104058392023-09-3010405839core:WithinOneYear2024-09-3010405839core:WithinOneYear2023-09-3010405839core:AfterOneYear2024-09-3010405839core:AfterOneYear2023-09-3010405839core:ShareCapital2024-09-3010405839core:ShareCapital2023-09-3010405839core:RetainedEarningsAccumulatedLosses2024-09-3010405839core:RetainedEarningsAccumulatedLosses2023-09-3010405839bus:Director12023-10-012024-09-3010405839bus:RegisteredOffice2023-10-012024-09-30104058392022-10-012023-09-301040583912023-10-012024-09-3010405839countries:EnglandWales2023-10-012024-09-3010405839bus:AuditExemptWithAccountantsReport2023-10-012024-09-3010405839bus:PrivateLimitedCompanyLtd2023-10-012024-09-3010405839bus:SmallEntities2023-10-012024-09-3010405839bus:FullAccounts2023-10-012024-09-30
Company registration number:
10405839
London Plains Limited
Unaudited Filleted Financial Statements for the year ended
30 September 2024
Laura Cusick Chartered Accountant
29 Lewes Road, LONDON, N12 9NH, United Kingdom
London Plains Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of London Plains Limited
Year ended
30 September 2024
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
London Plains Limited
for the year ended
30 September 2024
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
London Plains Limited
, as a body. My work has been undertaken solely to prepare for your approval the
financial statements
of
London Plains Limited
and state those matters that I have agreed to state to the Board of Directors of
London Plains Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
London Plains Limited
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
London Plains Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
London Plains Limited
. You consider that
London Plains Limited
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of London Plains Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Laura Cusick Chartered Accountant
29 Lewes Road
LONDON
N12 9NH
United Kingdom
Date:
19 October 2024
London Plains Limited
Statement of Financial Position
30 September 2024
20242023
Note££
Current assets    
Cash at bank and in hand
34,944
 
25,727
 
Creditors: amounts falling due within one year 5
(24,620
)
(5,678
)
Net current assets
10,324
 
20,049
 
Total assets less current liabilities 10,324   20,049  
Creditors: amounts falling due after more than one year 6
(1,137
)
(1,717
)
Net assets
9,187
 
18,332
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
9,087
 
18,232
 
Shareholders funds
9,187
 
18,332
 
For the year ending
30 September 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
19 October 2024
, and are signed on behalf of the board by:
D Handforth
Director
Company registration number:
10405839
London Plains Limited
Notes to the Financial Statements
Year ended
30 September 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
37 High Street
,
Easterton
,
Devizes
,
SN10 4PE
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2023:
1.00
).

5 Creditors: amounts falling due within one year

20242023
££
Taxation and social security
24,620
 
5,678
 

6 Creditors: amounts falling due after more than one year

20242023
££
Other creditors
1,137
 
1,717
 

8 Controlling party

The company is controlled by its two Directors and shareholders, Deborah Handforth and Matthew Percy.