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REGISTERED NUMBER: 13988798 (England and Wales)















PL HOLDINGS EASTERN LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






PL HOLDINGS EASTERN LTD (REGISTERED NUMBER: 13988798)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PL HOLDINGS EASTERN LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: S J Last
M R Porter





REGISTERED OFFICE: Eastern House
Priors Way
Coggeshall
Essex
CO6 1TW





REGISTERED NUMBER: 13988798 (England and Wales)






PL HOLDINGS EASTERN LTD (REGISTERED NUMBER: 13988798)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,200,000 -

CURRENT ASSETS
Debtors 5 66,958 -
Cash at bank and in hand 300 300
67,258 300
CREDITORS
Amounts falling due within one year 6 190,000 9,500
NET CURRENT LIABILITIES (122,742 ) (9,200 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,077,258

(9,200

)

CREDITORS
Amounts falling due after more than one
year

7

270,000

-
NET ASSETS/(LIABILITIES) 807,258 (9,200 )

CAPITAL AND RESERVES
Called up share capital 8 300 300
Retained earnings 806,958 (9,500 )
SHAREHOLDERS' FUNDS 807,258 (9,200 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PL HOLDINGS EASTERN LTD (REGISTERED NUMBER: 13988798)

BALANCE SHEET - continued
29 FEBRUARY 2024


The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2024 and were signed on its behalf by:




S J Last - Director



M R Porter - Director


PL HOLDINGS EASTERN LTD (REGISTERED NUMBER: 13988798)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

PL Holdings Eastern Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about PL Holdings Eastern Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are initially recognised at cost. After initial recognition, investments in subsidiary undertakings are measured at cost less any accumulated impairment losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 2,520,540
At 29 February 2024 2,520,540
PROVISIONS

Impairments 1,320,540
At 29 February 2024 1,320,540
NET BOOK VALUE
At 29 February 2024 1,200,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 66,958 -

PL HOLDINGS EASTERN LTD (REGISTERED NUMBER: 13988798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 90,000 9,500
Directors' current accounts 100,000 -
190,000 9,500

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 270,000 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
300 Ordinary £1 300 300

9. CONTINGENT LIABILITIES

The company has entered into an indemnity, guaranteeing performance bonds issued to a subsidiary, amounting to £1,441,811 (2023 - £nil) at the year end.