Caseware UK (AP4) 2023.0.135 2023.0.135 2024-09-302024-09-302023-10-01falseDesign engineering22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09240318 2023-10-01 2024-09-30 09240318 2022-10-01 2023-09-30 09240318 2024-09-30 09240318 2023-09-30 09240318 c:Director2 2023-10-01 2024-09-30 09240318 d:FurnitureFittings 2023-10-01 2024-09-30 09240318 d:FurnitureFittings 2024-09-30 09240318 d:FurnitureFittings 2023-09-30 09240318 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 09240318 d:CurrentFinancialInstruments 2024-09-30 09240318 d:CurrentFinancialInstruments 2023-09-30 09240318 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 09240318 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 09240318 d:ShareCapital 2024-09-30 09240318 d:ShareCapital 2023-09-30 09240318 d:RetainedEarningsAccumulatedLosses 2024-09-30 09240318 d:RetainedEarningsAccumulatedLosses 2023-09-30 09240318 c:FRS102 2023-10-01 2024-09-30 09240318 c:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09240318 c:FullAccounts 2023-10-01 2024-09-30 09240318 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09240318 2 2023-10-01 2024-09-30 09240318 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 09240318






PLUNKCO LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










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PLUNKCO LIMITED
REGISTERED NUMBER:09240318

BALANCE SHEET
AS AT 30 SEPTEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,387
2,071

  
1,387
2,071

Current assets
  

Debtors: amounts falling due within one year
 5 
8,009
8,897

Cash at bank and in hand
 6 
16,477
28,997

  
24,486
37,894

Creditors: amounts falling due within one year
 7 
(25,445)
(17,944)

Net current (liabilities)/assets
  
 
 
(959)
 
 
19,950

Total assets less current liabilities
  
428
22,021

  

Net assets
  
428
22,021


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
328
21,921

  
428
22,021


Page 1

 
PLUNKCO LIMITED
REGISTERED NUMBER:09240318
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




K S Moonie
Director

Date: 9 January 2025

Page 2

 
PLUNKCO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1.


General information

PlunkCo Limited is a private company limited by shares, incorporated in England and Wales. Its registered office is Millhouse, 32-38 East Street, Rochford, Essex, SS4 1DB.
The principal activity of the company continued to be that of design engineering.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


Page 3

 
PLUNKCO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures & fittings
-
33%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
PLUNKCO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4.


Tangible fixed assets





Fixtures & fittings

£



Cost or valuation


At 1 October 2023
4,667



At 30 September 2024

4,667



Depreciation


At 1 October 2023
2,596


Charge for the year on owned assets
684



At 30 September 2024

3,280



Net book value



At 30 September 2024
1,387



At 30 September 2023
2,071

Page 5

 
PLUNKCO LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
7,776
8,676

Prepayments and accrued income
233
221

8,009
8,897



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
16,477
28,997

16,477
28,997



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Taxation and social security
16,570
15,994

Other creditors
7,852
741

Accruals and deferred income
1,023
1,209

25,445
17,944


 
Page 6