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Company Registration No. 11943812 (England and Wales)
1 The Place Ltd Unaudited accounts for the year ended 31 December 2023
1 The Place Ltd Unaudited accounts Contents
Page
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1 The Place Ltd Company Information for the year ended 31 December 2023
Director
Christopher Andrew Thompson
Company Number
11943812 (England and Wales)
Registered Office
5-9 Upper Brown Street Leicester Leicestershire LE1 5TE
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1 The Place Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
100 
- 
Fixed assets
Tangible assets
1,656,168 
1,656,168 
Current assets
Debtors
532,216 
133,544 
Cash at bank and in hand
- 
58,397 
532,216 
191,941 
Creditors: amounts falling due within one year
(1,710,754)
(977,042)
Net current liabilities
(1,178,538)
(785,101)
Total assets less current liabilities
477,730 
871,067 
Creditors: amounts falling due after more than one year
(5,006,535)
(5,327,838)
Net liabilities
(4,528,805)
(4,456,771)
Capital and reserves
Called up share capital
100 
1 
Profit and loss account
(4,528,905)
(4,456,772)
Shareholders' funds
(4,528,805)
(4,456,771)
For the year ending 31 December 2023 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 19 September 2024 and were signed on its behalf by
Christopher Andrew Thompson Director Company Registration No. 11943812
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1 The Place Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
1 The Place Ltd is a private company, limited by shares, registered in England and Wales, registration number 11943812. The registered office is 5-9 Upper Brown Street, Leicester, Leicestershire, LE1 5TE.
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:
Land & buildings
No depreciation
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
1,350,400 
305,768 
1,656,168 
At 31 December 2023
1,350,400 
305,768 
1,656,168 
Depreciation
At 31 December 2023
- 
- 
- 
Net book value
At 31 December 2023
1,350,400 
305,768 
1,656,168 
At 31 December 2022
1,350,400 
305,768 
1,656,168 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
10,215 
82,031 
Trade debtors
73,837 
47,995 
Accrued income and prepayments
5,765 
- 
Other debtors
442,399 
3,518 
532,216 
133,544 
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1 The Place Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
954,555 
752,162 
VAT
- 
54,268 
Trade creditors
35,375 
56,246 
Amounts owed to group undertakings and other participating interests
- 
28,600 
Taxes and social security
- 
22,244 
Other creditors
142,721 
- 
Accruals
78,103 
63,522 
Deferred income
500,000 
- 
1,710,754 
977,042 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,006,535 
5,327,838 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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