Plan B Technical Solutions Limited 12619143 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is specialised construction activites not elsewhere classified. Digita Accounts Production Advanced 6.30.9574.0 true 12619143 2023-06-01 2024-05-31 12619143 2024-05-31 12619143 core:RetainedEarningsAccumulatedLosses 2024-05-31 12619143 core:ShareCapital 2024-05-31 12619143 core:CurrentFinancialInstruments 2024-05-31 12619143 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 12619143 core:FurnitureFittingsToolsEquipment 2024-05-31 12619143 1 2024-05-31 12619143 bus:SmallEntities 2023-06-01 2024-05-31 12619143 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 12619143 bus:FullAccounts 2023-06-01 2024-05-31 12619143 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12619143 bus:RegisteredOffice 2023-06-01 2024-05-31 12619143 bus:Director1 2023-06-01 2024-05-31 12619143 bus:Director2 2023-06-01 2024-05-31 12619143 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12619143 core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 12619143 core:OfficeEquipment 2023-06-01 2024-05-31 12619143 countries:AllCountries 2023-06-01 2024-05-31 12619143 1 2023-06-01 2024-05-31 12619143 2023-05-31 12619143 core:FurnitureFittingsToolsEquipment 2023-05-31 12619143 1 2023-05-31 12619143 2022-06-01 2023-05-31 12619143 2023-05-31 12619143 core:RetainedEarningsAccumulatedLosses 2023-05-31 12619143 core:ShareCapital 2023-05-31 12619143 core:CurrentFinancialInstruments 2023-05-31 12619143 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 12619143 core:FurnitureFittingsToolsEquipment 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 12619143

Plan B Technical Solutions Limited

Filleted Unaudited Financial Statements

for the Year Ended 31 May 2024

 

Plan B Technical Solutions Limited
(Registration number: 12619143)

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

Plan B Technical Solutions Limited
(Registration number: 12619143)

Company Information

Directors

Mr A N Britnell

Mr L R Hewitt

Registered office

Bystock Hayes
Old Bystock Drive
Bystock
Exmouth
Devon
EX8 5EQ

Accountants

Thompson Jenner LLP
Chartered Accountants
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

 

Plan B Technical Solutions Limited
(Registration number: 12619143)

Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

183

275

Current assets

 

Debtors

5

44,216

9,205

Cash at bank and in hand

 

4,683

1,863

 

48,899

11,068

Creditors: Amounts falling due within one year

6

(17,168)

(8,334)

Net current assets

 

31,731

2,734

Total assets less current liabilities

 

31,914

3,009

Provisions for liabilities

(36)

(53)

Net assets

 

31,878

2,956

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

31,778

2,856

Total equity

 

31,878

2,956

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Plan B Technical Solutions Limited
(Registration number: 12619143)

Balance Sheet as at 31 May 2024

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 26 February 2025 and signed on its behalf by:
 

.........................................
Mr A N Britnell
Director

 

Plan B Technical Solutions Limited
(Registration number: 12619143)

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

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Bystock Hayes
Old Bystock Drive
Bystock
Exmouth
Devon
EX8 5EQ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

 

Plan B Technical Solutions Limited
(Registration number: 12619143)

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

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Plan B Technical Solutions Limited
(Registration number: 12619143)

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

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Plan B Technical Solutions Limited
(Registration number: 12619143)

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

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 June 2023

458

458

At 31 May 2024

458

458

Depreciation

At 1 June 2023

183

183

Charge for the year

92

92

At 31 May 2024

275

275

Carrying amount

At 31 May 2024

183

183

At 31 May 2023

275

275

5

Debtors

2024
£

2023
£

Trade debtors

16,920

8,418

Other debtors

27,052

527

Prepayments and accrued income

244

260

Total current trade and other debtors

44,216

9,205

6

Creditors

2024
£

2023
£

Due within one year

Trade creditors

4,040

-

Taxation and social security

9,499

586

Other creditors

2,529

6,548

Accrued expenses

1,100

1,200

17,168

8,334

 

Plan B Technical Solutions Limited
(Registration number: 12619143)

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

7

Related party transactions

2024

At 1 June 2023
£

Advances to director
£

Repayments by director
£

At 31 May 2024
£

Interest free loan

-

34,431

(7,379)

27,052