Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 10806883 Jennifer Birch Lynne Cowell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10806883 2023-03-31 10806883 2024-03-31 10806883 2023-04-01 2024-03-31 10806883 frs-core:Non-currentFinancialInstruments 2024-03-31 10806883 frs-core:NetGoodwill 2023-04-01 2024-03-31 10806883 frs-core:PlantMachinery 2023-04-01 2024-03-31 10806883 frs-core:ShareCapital 2024-03-31 10806883 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 10806883 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10806883 frs-bus:AbridgedAccounts 2023-04-01 2024-03-31 10806883 frs-bus:SmallEntities 2023-04-01 2024-03-31 10806883 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 10806883 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10806883 frs-bus:Director1 2023-04-01 2024-03-31 10806883 frs-bus:Director2 2023-04-01 2024-03-31 10806883 frs-countries:EnglandWales 2023-04-01 2024-03-31 10806883 2022-03-31 10806883 2023-03-31 10806883 2022-04-01 2023-03-31 10806883 frs-core:Non-currentFinancialInstruments 2023-03-31 10806883 frs-core:ShareCapital 2023-03-31 10806883 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 10806883
PLS Nurseries Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 10806883
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 19,027 19,027
Tangible Assets 5 8,949 10,914
27,976 29,941
CURRENT ASSETS
Stocks 500 500
Debtors 14,613 37,553
Cash at bank and in hand 52,833 3,450
67,946 41,503
Creditors: Amounts Falling Due Within One Year (49,817 ) (43,846 )
NET CURRENT ASSETS (LIABILITIES) 18,129 (2,343 )
TOTAL ASSETS LESS CURRENT LIABILITIES 46,105 27,598
Creditors: Amounts Falling Due After More Than One Year (23,061 ) (27,987 )
NET ASSETS/(LIABILITIES) 23,044 (389 )
CAPITAL AND RESERVES
Called up share capital 6 2 2
Profit and Loss Account 23,042 (391 )
SHAREHOLDERS' FUNDS 23,044 (389)
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For the year ending 31 March 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 March 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Jennifer Birch
Director
17th June 2024
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Abridged Financial Statements
1. General Information
PLS Nurseries Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10806883 . The registered office is C/O Wainwrights Accountants, Faversham House, Wirral International Business Park, Old Hall Road, Bromborough, Wirral, CH62 3NX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 18%reducing balance
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 51 (2023: 45)
51 45
4. Intangible Assets
Total
£
Cost
As at 1 April 2023 19,027
As at 31 March 2024 19,027
Net Book Value
As at 31 March 2024 19,027
As at 1 April 2023 19,027
5. Tangible Assets
Total
£
Cost
As at 1 April 2023 16,772
As at 31 March 2024 16,772
Depreciation
As at 1 April 2023 5,858
Provided during the period 1,965
As at 31 March 2024 7,823
Net Book Value
As at 31 March 2024 8,949
As at 1 April 2023 10,914
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
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