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REGISTERED NUMBER: 10095100 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Playden Oasts (Sussex) Limited

Playden Oasts (Sussex) Limited (Registered number: 10095100)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Playden Oasts (Sussex) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: C F Bell
Mrs K R Raymond





SECRETARY: Mrs K R Raymond





REGISTERED OFFICE: 36 Cambridge Road
Hastings
East Sussex
TN34 1DU





REGISTERED NUMBER: 10095100 (England and Wales)





ACCOUNTANTS: Deeks Evans Audit Services Limited
Chartered Accountants
36 Cambridge Road
Hastings
East Sussex
TN34 1DU

Playden Oasts (Sussex) Limited (Registered number: 10095100)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,051 9,075
Tangible assets 5 3,292 4,258
9,343 13,333

CURRENT ASSETS
Stocks 14,850 13,500
Debtors 6 440 1,342
Cash at bank and in hand 78,017 87,446
93,307 102,288
CREDITORS
Amounts falling due within one year 7 51,228 53,908
NET CURRENT ASSETS 42,079 48,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,422

61,713

CREDITORS
Amounts falling due after more than one
year

8

(8,036

)

(17,860

)

PROVISIONS FOR LIABILITIES 10 (360 ) (475 )
NET ASSETS 43,026 43,378

CAPITAL & RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 42,026 42,378
SHAREHOLDERS' FUNDS 43,026 43,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Playden Oasts (Sussex) Limited (Registered number: 10095100)

Balance Sheet - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 January 2025 and were signed on its behalf by:




Mrs K R Raymond - Director



C F Bell - Director


Playden Oasts (Sussex) Limited (Registered number: 10095100)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Playden Oasts (Sussex) 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 10 years
Fixtures & fittings - 20% on cost
Computer equipment - 20% on cost

Stocks
Stock are stated at the lower of cost and estimated selling price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 9 (2023 - 11 ) .

Playden Oasts (Sussex) Limited (Registered number: 10095100)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 30,243
AMORTISATION
At 1 October 2023 21,168
Charge for year 3,024
At 30 September 2024 24,192
NET BOOK VALUE
At 30 September 2024 6,051
At 30 September 2023 9,075

5. TANGIBLE FIXED ASSETS
Short Fixtures Computer
leasehold & fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023
and 30 September 2024 5,127 8,237 1,069 14,433
DEPRECIATION
At 1 October 2023 2,783 6,542 850 10,175
Charge for year 487 424 55 966
At 30 September 2024 3,270 6,966 905 11,141
NET BOOK VALUE
At 30 September 2024 1,857 1,271 164 3,292
At 30 September 2023 2,344 1,695 219 4,258

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments 440 1,342

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans & overdrafts 9,600 9,600
Trade creditors 4,654 6,726
Corporation tax 826 2,202
Social security & other taxes 19,428 20,628
Accrued expenses 16,720 14,752
51,228 53,908

Playden Oasts (Sussex) Limited (Registered number: 10095100)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 8,036 9,600
Bank loans - 2-5 years - 8,260
8,036 17,860

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 46,700 46,700
Between one and five years 128,425 175,125
175,125 221,825

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 360 475

Deferred
tax
£   
Balance at 1 October 2023 475
Provided during year (115 )
Balance at 30 September 2024 360

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2,000 Ordinary 50p 1,000 1,000