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REGISTERED NUMBER: 06683140 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

PARAPLAN PLUS LIMITED

PARAPLAN PLUS LIMITED (REGISTERED NUMBER: 06683140)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PARAPLAN PLUS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: R A Allum
Ms C Goodwin





REGISTERED OFFICE: Ground Floor
Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS





REGISTERED NUMBER: 06683140 (England and Wales)





ACCOUNTANTS: Wells Associates
Ground Floor Oakhurst House
77 Mount Ephraim
Tunbridge Wells
Kent
TN4 8BS

PARAPLAN PLUS LIMITED (REGISTERED NUMBER: 06683140)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 3,948 7,648
Investments 5 61,981 52,556
65,929 60,204

CURRENT ASSETS
Debtors 6 90,456 82,959
Cash at bank 108,443 165,754
198,899 248,713
CREDITORS
Amounts falling due within one year 7 (79,455 ) (67,466 )
NET CURRENT ASSETS 119,444 181,247
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,373

241,451

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 185,273 241,351
185,373 241,451

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 3 December 2024 and were signed on its behalf by:





R A Allum - Director


PARAPLAN PLUS LIMITED (REGISTERED NUMBER: 06683140)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Paraplan Plus Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33.33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

PARAPLAN PLUS LIMITED (REGISTERED NUMBER: 06683140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2023 1,433 30,536 31,969
Additions 1,030 2,472 3,502
At 31 August 2024 2,463 33,008 35,471
DEPRECIATION
At 1 September 2023 559 23,762 24,321
Charge for year 476 6,726 7,202
At 31 August 2024 1,035 30,488 31,523
NET BOOK VALUE
At 31 August 2024 1,428 2,520 3,948
At 31 August 2023 874 6,774 7,648

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2023 52,556
Additions 9,425
At 31 August 2024 61,981
NET BOOK VALUE
At 31 August 2024 61,981
At 31 August 2023 52,556

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 33,117 32,509
Other debtors 57,339 50,450
90,456 82,959

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 14,594 5,056
Taxation and social security 64,317 60,980
Other creditors 544 1,430
79,455 67,466

PARAPLAN PLUS LIMITED (REGISTERED NUMBER: 06683140)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
R A Allum
Balance outstanding at start of year 50,450 15,888
Amounts advanced 95,339 50,450
Amounts repaid (88,450 ) (15,888 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 57,339 50,450