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REGISTERED NUMBER: 10119115 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 April 2024

for

PLUM TREE COTTAGES (NE) LTD

PLUM TREE COTTAGES (NE) LTD (REGISTERED NUMBER: 10119115)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 6

PLUM TREE COTTAGES (NE) LTD

Company Information
for the Year Ended 30 April 2024







Directors: M Craggs
B Craggs





Registered office: Beechbarn
Hillhouse Farm
Witton le Wear
Co. Durham
DL14 0BQ





Registered number: 10119115 (England and Wales)





Accountants: Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH

PLUM TREE COTTAGES (NE) LTD (REGISTERED NUMBER: 10119115)

Abridged Balance Sheet
30 April 2024

30/4/24 30/4/23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 10,542 4,197
Investments 5 101,540 81,000
112,082 85,197

Current assets
Debtors - 1,500
Cash at bank 39,512 23,373
39,512 24,873
Creditors
Amounts falling due within one year 41,649 23,416
Net current (liabilities)/assets (2,137 ) 1,457
Total assets less current liabilities 109,945 86,654

Provisions for liabilities 6,181 797
Net assets 103,764 85,857

Capital and reserves
Called up share capital 100 100
Revaluation reserve 6 17,810 -
Retained earnings 85,854 85,757
103,764 85,857

PLUM TREE COTTAGES (NE) LTD (REGISTERED NUMBER: 10119115)

Abridged Balance Sheet - continued
30 April 2024


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

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 January 2025 and were signed on its behalf by:





M Craggs - Director


PLUM TREE COTTAGES (NE) LTD (REGISTERED NUMBER: 10119115)

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

1. STATUTORY INFORMATION

Plum Tree Cottages (NE) Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

The financial statements have been prepared under the going concern basis of accounting.

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 - 15% on reducing balance
Computer equipment - 20% 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.

Investments
Investments are valued at fair value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

PLUM TREE COTTAGES (NE) LTD (REGISTERED NUMBER: 10119115)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 9,212
Additions 7,469
Disposals (140 )
At 30 April 2024 16,541
DEPRECIATION
At 1 May 2023 5,015
Charge for year 1,063
Eliminated on disposal (79 )
At 30 April 2024 5,999
NET BOOK VALUE
At 30 April 2024 10,542
At 30 April 2023 4,197

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST OR VALUATION
At 1 May 2023 81,000
Disposals (1,447 )
Revaluations 21,987
At 30 April 2024 101,540
NET BOOK VALUE
At 30 April 2024 101,540
At 30 April 2023 81,000

Cost or valuation at 30 April 2024 is represented by:
Totals
£   
Valuation in 2024 101,540

6. RESERVES
Revaluation
reserve
£   
Investment revaluation 17,810

At 30 April 2024 17,810

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Plum Tree Cottages (NE) Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Plum Tree Cottages (NE) Ltd for the year ended 30 April 2024 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Plum Tree Cottages (NE) Ltd, as a body, in accordance with the terms of our engagement letter dated 2 February 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Plum Tree Cottages (NE) Ltd and state those matters that we have agreed to state to the Board of Directors of Plum Tree Cottages (NE) Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Plum Tree Cottages (NE) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Plum Tree Cottages (NE) Ltd. You consider that Plum Tree Cottages (NE) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Plum Tree Cottages (NE) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH


30 January 2025