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REGISTERED NUMBER: 08038310 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Plaza Civils Limited

Plaza Civils Limited (Registered number: 08038310)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Plaza Civils Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: G Costello
Mrs J Costello
G J Freer





REGISTERED OFFICE: 4 Yorke Street
Hucknall
Nottinghamshire
NG15 7BT





REGISTERED NUMBER: 08038310 (England and Wales)





ACCOUNTANTS: Smith Cookson
Chartered Accountants
4 Yorke Street
Hucknall
Nottinghamshire
NG15 7BT

Plaza Civils Limited (Registered number: 08038310)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 599 599
Tangible assets 5 368,386 268,332
368,985 268,931

CURRENT ASSETS
Debtors 6 333,619 318,463
Cash at bank 452,225 461,077
785,844 779,540
CREDITORS
Amounts falling due within one year 7 630,626 566,063
NET CURRENT ASSETS 155,218 213,477
TOTAL ASSETS LESS CURRENT
LIABILITIES

524,203

482,408

CREDITORS
Amounts falling due after more than one
year

8

(99,644

)

(50,058

)

PROVISIONS FOR LIABILITIES (59,117 ) (67,083 )
NET ASSETS 365,442 365,267

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 365,440 365,265
SHAREHOLDERS' FUNDS 365,442 365,267

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Plaza Civils Limited (Registered number: 08038310)

Balance Sheet - continued
31 May 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 17 February 2025 and were signed on its behalf by:





G Costello - Director


Plaza Civils Limited (Registered number: 08038310)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Plaza Civils 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

Plaza Civils Limited (Registered number: 08038310)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 June 2023
and 31 May 2024 599
NET BOOK VALUE
At 31 May 2024 599
At 31 May 2023 599

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 558,181 332,818 4,845 895,844
Additions 42,174 202,053 - 244,227
Disposals (26,500 ) - - (26,500 )
At 31 May 2024 573,855 534,871 4,845 1,113,571
DEPRECIATION
At 1 June 2023 393,763 230,110 3,639 627,512
Charge for year 44,968 78,390 675 124,033
Eliminated on disposal (6,360 ) - - (6,360 )
At 31 May 2024 432,371 308,500 4,314 745,185
NET BOOK VALUE
At 31 May 2024 141,484 226,371 531 368,386
At 31 May 2023 164,418 102,708 1,206 268,332

Plaza Civils Limited (Registered number: 08038310)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023 111,000 57,945 168,945
Additions - 178,378 178,378
Transfer to ownership (58,000 ) - (58,000 )
At 31 May 2024 53,000 236,323 289,323
DEPRECIATION
At 1 June 2023 46,128 34,767 80,895
Charge for year 6,360 47,665 54,025
Transfer to ownership (33,408 ) - (33,408 )
At 31 May 2024 19,080 82,432 101,512
NET BOOK VALUE
At 31 May 2024 33,920 153,891 187,811
At 31 May 2023 64,872 23,178 88,050

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 45,777 48,121
Amounts owed by group undertakings 287,842 270,342
333,619 318,463

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 10,312 10,185
Hire purchase contracts 51,288 23,295
Trade creditors 5,385 8,216
Amounts owed to group undertakings 517,500 436,500
Corporation tax 35,379 66,472
VAT 9,212 19,900
Accruals and deferred income 1,550 1,495
630,626 566,063

Plaza Civils Limited (Registered number: 08038310)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans - 1-2 years 10,312 10,185
Bank loans to be repaid
between 2 & 5 years by
instalments 5,156 15,277
Hire purchase contracts 84,176 24,596
99,644 50,058

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Hire purchase 135,464 47,891

The hire purchases are secured on the assets to which they relate.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary £1 2 2

11. RELATED PARTY DISCLOSURES

The company invoiced sales to Plaza Builders Limited, a company in the same group, of £266,667.00 (2023: £400,000.00) The sales were for hire of plant & machinery. £40,000.00 was owing at the balance sheet date which is included in trade debtors.

The controlling party is Plaza Group Limited.

The ultimate controlling party is Mr & Mrs G Costello.