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Company Registration No. 05120046 (England and Wales)
P3 PLANT LIMITED Unaudited accounts for the year ended 31 May 2024
P3 PLANT LIMITED Unaudited accounts Contents
Page
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P3 PLANT LIMITED Company Information for the year ended 31 May 2024
Directors
James Rathbone Belinda Rathbone
Company Number
05120046 (England and Wales)
Registered Office
14 Ben Nevis Drive Little Sutton Ellesmerte Port Cheshire CH66 4YZ
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P3 PLANT LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
199,994 
152,922 
Current assets
Inventories
3,850 
3,000 
Debtors
411,261 
442,378 
Cash at bank and in hand
57,482 
11,236 
472,593 
456,614 
Creditors: amounts falling due within one year
(292,127)
(298,151)
Net current assets
180,466 
158,463 
Total assets less current liabilities
380,460 
311,385 
Creditors: amounts falling due after more than one year
(106,554)
(63,346)
Provisions for liabilities
Deferred tax
- 
(24,140)
Net assets
273,906 
223,899 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
273,904 
223,897 
Shareholders' funds
273,906 
223,899 
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by
James Rathbone Director Company Registration No. 05120046
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P3 PLANT LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
P3 PLANT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05120046. The registered office is 14 Ben Nevis Drive, Little Sutton, Ellesmerte Port, Cheshire, CH66 4YZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
483,725 
42,969 
6,112 
532,806 
Additions
87,750 
25,988 
- 
113,738 
At 31 May 2024
571,475 
68,957 
6,112 
646,544 
Depreciation
At 1 June 2023
358,216 
17,188 
4,480 
379,884 
Charge for the year
53,315 
12,943 
408 
66,666 
At 31 May 2024
411,531 
30,131 
4,888 
446,550 
Net book value
At 31 May 2024
159,944 
38,826 
1,224 
199,994 
At 31 May 2023
125,509 
25,781 
1,632 
152,922 
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P3 PLANT LIMITED Notes to the Accounts for the year ended 31 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
25,309 
15,529 
Trade debtors
280,745 
333,746 
Other debtors
105,207 
93,103 
411,261 
442,378 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,957 
6,614 
Obligations under finance leases and hire purchase contracts
40,237 
26,205 
Trade creditors
139,052 
175,874 
Taxes and social security
95,736 
56,743 
Other creditors
- 
28,443 
Loans from directors
8,945 
2,072 
Accruals
2,200 
2,200 
292,127 
298,151 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,785 
33,567 
Obligations under finance leases and hire purchase contracts
76,769 
29,779 
106,554 
63,346 
8
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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