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Company Registration No. 07313967 (England and Wales)
Plan IT Support Limited Unaudited accounts for the year ended 31 July 2024
Plan IT Support Limited Unaudited accounts Contents
Page
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Plan IT Support Limited Company Information for the year ended 31 July 2024
Director
Andrew Argyle
Company Number
07313967 (England and Wales)
Registered Office
Office 4, Brook House 399 Rayleigh Road Leigh-on-Sea Essex SS9 5JG England
Accountants
SilverstoneBKS Limited 127 Raphael Drive Shoeburyness Southend On Sea Essex SS3 9UR
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Plan IT Support Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
30,000 
30,000 
Tangible assets
24,418 
2,691 
54,418 
32,691 
Current assets
Inventories
2,000 
2,000 
Debtors
43,045 
41,645 
Cash at bank and in hand
56,475 
76,363 
101,520 
120,008 
Creditors: amounts falling due within one year
(73,266)
(55,951)
Net current assets
28,254 
64,057 
Total assets less current liabilities
82,672 
96,748 
Creditors: amounts falling due after more than one year
(9,924)
(19,616)
Net assets
72,748 
77,132 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
72,746 
77,130 
Shareholders' funds
72,748 
77,132 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 24 February 2025 and were signed on its behalf by
Andrew Argyle Director Company Registration No. 07313967
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Plan IT Support Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Plan IT Support Limited is a private company, limited by shares, registered in England and Wales, registration number 07313967. The registered office is Office 4, Brook House, 399 Rayleigh Road, Leigh-on-Sea, Essex, SS9 5JG, England.
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
20% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Plan IT Support Limited Notes to the Accounts for the year ended 31 July 2024
Prior Year Adjustment
During the current financial year, the company identified an error in the Trade Debtors for the year ended 31st July 2023. As per FRS 102 / IFRS, this has been corrected retrospectively by adjusting the retained earnings as of 31st July 2023. The impact of the adjustment is summarized as follows: Effect on Financial Statements As Previously Stated (£) Retained Earnings (Opening) 73,313 Profit for the Year 35,012 Net Assets 60,242 Adjustment (£) Retained Earnings (Opening) 3,815 Profit for the Year 0 Net Assets 3,815 Restated (£) Retained Earnings (Opening) 77,130 Profit for the Year 35 012 Net Assets 64,057 This adjustment has not affected the current year’s profit and loss account, and the figures presented for the previous year have been restated accordingly.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2023
30,000 
At 31 July 2024
30,000 
Amortisation
At 1 August 2023
- 
At 31 July 2024
- 
Net book value
At 31 July 2024
30,000 
At 31 July 2023
30,000 
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Plan IT Support Limited Notes to the Accounts for the year ended 31 July 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
6,068 
- 
6,068 
Additions
- 
22,353 
22,353 
At 31 July 2024
6,068 
22,353 
28,421 
Depreciation
At 1 August 2023
3,377 
- 
3,377 
Charge for the year
626 
- 
626 
At 31 July 2024
4,003 
- 
4,003 
Net book value
At 31 July 2024
2,065 
22,353 
24,418 
At 31 July 2023
2,691 
- 
2,691 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
42,347 
40,104 
Accrued income and prepayments
698 
946 
Other debtors
- 
595 
43,045 
41,645 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,588 
10,835 
VAT
13,338 
11,207 
Trade creditors
16,439 
18,426 
Taxes and social security
11,486 
8,218 
Proposed dividends
20,000 
- 
Other creditors
259 
6,165 
Accruals
1,156 
1,100 
73,266 
55,951 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
9,924 
19,616 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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