Company Registration No. 14613243 (England and Wales)
Plas Blas Ltd
Unaudited accounts
for the period from 24 January 2023 to 31 January 2024
Plas Blas Ltd
Unaudited accounts
Contents
Plas Blas Ltd
Company Information
for the period from 24 January 2023 to 31 January 2024
Company Number
14613243 (England and Wales)
Registered Office
3 Erw Villa
Conway Old Road
Penmaenmawr
LL34 6YE
United Kingdom
Accountants
Power Accountants, Business and Tax Advisors Limited
Royal House, 14 Upper Northgate Street
Chester
CH1 4EE
Plas Blas Ltd
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
1,030
Creditors: amounts falling due within one year
(12,101)
Net current liabilities
(10,728)
Profit and loss account
(5,529)
Shareholders' funds
(5,528)
For the period ending 31 January 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 her 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 22 January 2025 and were signed on its behalf by
Bethan Wyn Lloyd
Director
Company Registration No. 14613243
Plas Blas Ltd
Notes to the Accounts
for the period from 24 January 2023 to 31 January 2024
Plas Blas Ltd is a private company, limited by shares, registered in England and Wales, registration number 14613243. The registered office is 3 Erw Villa, Conway Old Road , Penmaenmawr, LL34 6YE, United Kingdom.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The financial statements have been prepared on a going concern basis. The Director has assessed the company's ability to continue as a going concern and is satisfied that the company has the necessary funding to meet day-to-day working capital requirements.
The company's ability to continue as a going concern is dependent on the continued support of its director/shareholder, who has provided loans and capital injections to the company.
The Director believes that the going concern assumption is appropriate for the preparation of the financial statements.
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:
Plas Blas Ltd
Notes to the Accounts
for the period from 24 January 2023 to 31 January 2024
4
Tangible fixed assets
Plant & machinery
Charge for the period
1,300
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Taxes and social security
2,355
7
Average number of employees
During the period the average number of employees was 4.