Company Registration No. 09717529 (England and Wales)
Playscape Playgrounds Ltd
Unaudited accounts
for the year ended 31 August 2024
Playscape Playgrounds Ltd
Unaudited accounts
Contents
Playscape Playgrounds Ltd
Company Information
for the year ended 31 August 2024
Company Number
09717529 (England and Wales)
Registered Office
Unit D Oaklea House
Enterprise Way
Peterborough
PE3 8YQ
Accountants
Direct Peak Ltd
Eventus Sunderland Road
Market Deeping
Peterborough
PE6 8FD
Playscape Playgrounds Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
195,107
208,404
Inventories
100,000
100,000
Cash at bank and in hand
-
9,242
Creditors: amounts falling due within one year
(449,463)
(371,935)
Net current liabilities
(210,967)
(11,152)
Total assets less current liabilities
(13,899)
197,252
Creditors: amounts falling due after more than one year
(91,729)
(118,209)
Provisions for liabilities
Deferred tax
(24,695)
(14,639)
Net (liabilities)/assets
(130,323)
64,404
Called up share capital
1
1
Profit and loss account
(130,324)
64,403
Shareholders' funds
(130,323)
64,404
For the year ending 31 August 2024 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 20 January 2025 and were signed on its behalf by
Mr Lewis Baines
Director
Company Registration No. 09717529
Playscape Playgrounds Ltd
Notes to the Accounts
for the year ended 31 August 2024
Playscape Playgrounds Ltd is a private company, limited by shares, registered in England and Wales, registration number 09717529. The registered office is Unit D Oaklea House, Enterprise Way, Peterborough, PE3 8YQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Playscape Playgrounds Ltd
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
131,175
211,820
10,250
22,031
375,276
Additions
37,962
26,990
12,709
1,525
79,186
Disposals
-
(54,777)
-
-
(54,777)
At 31 August 2024
169,137
184,033
22,959
23,556
399,685
At 1 September 2023
63,447
88,608
6,200
8,617
166,872
Charge for the year
20,481
27,922
1,796
3,601
53,800
On disposals
-
(16,094)
-
-
(16,094)
At 31 August 2024
83,928
100,436
7,996
12,218
204,578
At 31 August 2024
85,209
83,597
14,963
11,338
195,107
At 31 August 2023
67,728
123,212
4,050
13,414
208,404
Amounts falling due within one year
Trade debtors
94,511
241,668
Accrued income and prepayments
20,141
9,873
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
90,103
22,489
Obligations under finance leases and hire purchase contracts
3,239
61,001
Trade creditors
87,796
104,149
Taxes and social security
107,975
178,963
Other creditors
18,455
5,000
Loans from directors
18,887
181
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
14,928
60,902
Playscape Playgrounds Ltd
Notes to the Accounts
for the year ended 31 August 2024
9
Deferred taxation
2024
2023
Accelerated capital allowances
24,695
14,639
Provision at start of year
14,639
-
Charged to the profit and loss account
10,056
14,639
Provision at end of year
24,695
14,639
10
Operating lease commitments
2024
2023
At 31 August 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
37,939
-
Later than one year and not later than five years
47,424
-
11
Average number of employees
During the year the average number of employees was 11 (2023: 12).