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REGISTERED NUMBER: 09143716 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JULY 2024

FOR

PLAN2DESIGN LIMITED

PLAN2DESIGN LIMITED (REGISTERED NUMBER: 09143716)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

PLAN2DESIGN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JULY 2024







DIRECTORS: C Ani
D Ani





REGISTERED OFFICE: 20 Havelock Road
Hastings
East Sussex
TN34 1BP





REGISTERED NUMBER: 09143716 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

PLAN2DESIGN LIMITED (REGISTERED NUMBER: 09143716)

BALANCE SHEET
30 JULY 2024

30.7.24 30.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,075 1,509
Investment property 5 740,000 1,000,000
741,075 1,001,509

CURRENT ASSETS
Debtors 6 1,144 225
Cash at bank 13,768 6,432
14,912 6,657
CREDITORS
Amounts falling due within one year 7 119,333 90,654
NET CURRENT LIABILITIES (104,421 ) (83,997 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

636,654

917,512

CREDITORS
Amounts falling due after more than one year 8 (374,521 ) (374,431 )

PROVISIONS FOR LIABILITIES (49,088 ) (49,088 )
NET ASSETS 213,045 493,993

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 211,045 491,993
SHAREHOLDERS' FUNDS 213,045 493,993

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

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

PLAN2DESIGN LIMITED (REGISTERED NUMBER: 09143716)

BALANCE SHEET - continued
30 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2025 and were signed on its behalf by:





D Ani - Director


PLAN2DESIGN LIMITED (REGISTERED NUMBER: 09143716)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JULY 2024

1. STATUTORY INFORMATION

Plan2Design 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 as modified by the revaluation of certain assets.

In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

On the basis of this consideration, the directors are confident that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they are satisfied that no material uncertainty exists. As a result of the above, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements and that no material uncertainty exists in reaching this conclusion.

Turnover
Turnover represents net invoiced rentals.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PLAN2DESIGN LIMITED (REGISTERED NUMBER: 09143716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JULY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 31 July 2023
and 30 July 2024 1,938 983 494 3,415
DEPRECIATION
At 31 July 2023 1,291 197 418 1,906
Charge for year 203 157 74 434
At 30 July 2024 1,494 354 492 2,340
NET BOOK VALUE
At 30 July 2024 444 629 2 1,075
At 30 July 2023 647 786 76 1,509

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 31 July 2023 1,000,000
Revaluations (260,000 )
At 30 July 2024 740,000
NET BOOK VALUE
At 30 July 2024 740,000
At 30 July 2023 1,000,000

Fair value at 30 July 2024 is represented by:
£   
Valuation in 2016 31,549
Valuation in 2020 258,356
Valuation in 2023 236,810
Valuation in 2024 (260,000 )
Cost 473,285
740,000

If investment property had not been revalued it would have been included at the following historical cost:

30.7.24 30.7.23
£    £   
Cost 473,285 473,285

Investment property was valued on an open market basis on 30 July 2024 by the Directors .

PLAN2DESIGN LIMITED (REGISTERED NUMBER: 09143716)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JULY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.24 30.7.23
£    £   
Trade debtors 344 225
Other debtors 800 -
1,144 225

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.7.24 30.7.23
£    £   
Social security and other taxes (80 ) 154
Other creditors 1,400 1,080
Directors' current accounts 116,933 88,343
Accrued expenses 1,080 1,077
119,333 90,654

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.7.24 30.7.23
£    £   
Bank loans more 5 yrs non-inst 374,521 374,431

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 374,521 374,431

9. SECURED DEBTS

The following secured debts are included within creditors:

30.7.24 30.7.23
£    £   
Interbay 124,276 124,276
Shawbrook 250,245 250,154
374,521 374,430

The above are both secured on separate investment properties of the company.

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the directors Mr C Ani and Mrs D Ani £116,933 (2023: £88,343). The loan is interest free and repayable on demand.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
PLAN2DESIGN LIMITED

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 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 Plan2Design Limited for the year ended 30 July 2024 which comprise the Income Statement, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Plan2Design Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Plan2Design Limited and state those matters that we have agreed to state to the Board of Directors of Plan2Design Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Plan2Design Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Plan2Design Limited 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 loss of Plan2Design Limited. You consider that Plan2Design Limited 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 Plan2Design Limited. 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.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


13 February 2025