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REGISTERED NUMBER: 14719738 (England and Wales)
















Unaudited Financial Statements

for the Period 9 March 2023 to 31 August 2024

for

Plumnail Holding Company Limited

Plumnail Holding Company Limited (Registered number: 14719738)






Contents of the Financial Statements
for the Period 9 March 2023 to 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Plumnail Holding Company Limited

Company Information
for the Period 9 March 2023 to 31 August 2024







DIRECTORS: Mr P Hibbitt
Mr J E S Hibbitt





REGISTERED OFFICE: Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN





BUSINESS ADDRESS: 128 Victoria Road
Cambridge
Cambridgeshire
CB4 3DZ





REGISTERED NUMBER: 14719738 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Plumnail Holding Company Limited (Registered number: 14719738)

Balance Sheet
31 August 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,306,116
Investments 5 120
1,306,236

CURRENT ASSETS
Cash at bank 87,447

CREDITORS
Amounts falling due within one year 6 180,551
NET CURRENT LIABILITIES (93,104 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,213,132

CREDITORS
Amounts falling due after more than one
year

7

686,630
NET ASSETS 526,502

CAPITAL AND RESERVES
Called up share capital 9 505,120
Retained earnings 21,382
SHAREHOLDERS' FUNDS 526,502

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Plumnail Holding Company Limited (Registered number: 14719738)

Balance Sheet - continued
31 August 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 3 December 2024 and were signed on its behalf by:





Mr P Hibbitt - Director


Plumnail Holding Company Limited (Registered number: 14719738)

Notes to the Financial Statements
for the Period 9 March 2023 to 31 August 2024

1. STATUTORY INFORMATION

Plumnail Holding Company 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.

Preparation of consolidated financial statements
The financial statements contain information about Plumnail Holding Company Limited 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

No charge has been made for depreciation on freehold buildings. This is due to the residual value of the
buildings being considered to be not less than current net book value having regard to the continued
refurbishment works that have occurred and that are continuing to take place in forthcoming years.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Plumnail Holding Company Limited (Registered number: 14719738)

Notes to the Financial Statements - continued
for the Period 9 March 2023 to 31 August 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company
becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors, are initially measured at transaction price including transaction
costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is
measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

Plumnail Holding Company Limited (Registered number: 14719738)

Notes to the Financial Statements - continued
for the Period 9 March 2023 to 31 August 2024

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
Additions 1,306,116
At 31 August 2024 1,306,116
NET BOOK VALUE
At 31 August 2024 1,306,116

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 120
At 31 August 2024 120
NET BOOK VALUE
At 31 August 2024 120

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 48,298
Amounts owed to group undertakings 124,341
Tax 3,889
Accrued expenses 4,023
180,551

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans - 2-5 years 205,199
Bank loans more 5 yr by instal 481,431
686,630

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 481,431

Plumnail Holding Company Limited (Registered number: 14719738)

Notes to the Financial Statements - continued
for the Period 9 March 2023 to 31 August 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loan 734,928

National Westminster Bank plc has one fixed & floating charge over the assets of the company. The charges are registered at Companies House under charge code 1471 9738 000.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
120 Ordinary £1 120
505,000 Preference £1 505,000
505,120

The preference shares are redeemable non-voting shares in the capital of the company entitling the holders to receive preferential returns in the event of a distribution or a return of capital.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Paul Hibbitt by virtue of his shareholdings.