PLS Enterprises Limited 09123244 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is Property rental Digita Accounts Production Advanced 6.30.9574.0 true 09123244 2023-10-01 2024-09-30 09123244 2024-09-30 09123244 bus:OrdinaryShareClass1 2024-09-30 09123244 core:OtherReservesSubtotal 2024-09-30 09123244 core:RetainedEarningsAccumulatedLosses 2024-09-30 09123244 core:ShareCapital 2024-09-30 09123244 core:CurrentFinancialInstruments 2024-09-30 09123244 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09123244 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 09123244 bus:SmallEntities 2023-10-01 2024-09-30 09123244 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09123244 bus:FullAccounts 2023-10-01 2024-09-30 09123244 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09123244 bus:RegisteredOffice 2023-10-01 2024-09-30 09123244 bus:Director1 2023-10-01 2024-09-30 09123244 bus:OrdinaryShareClass1 2023-10-01 2024-09-30 09123244 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09123244 countries:England 2023-10-01 2024-09-30 09123244 2023-09-30 09123244 2022-10-01 2023-09-30 09123244 2023-09-30 09123244 bus:OrdinaryShareClass1 2023-09-30 09123244 core:OtherReservesSubtotal 2023-09-30 09123244 core:RetainedEarningsAccumulatedLosses 2023-09-30 09123244 core:ShareCapital 2023-09-30 09123244 core:CurrentFinancialInstruments 2023-09-30 09123244 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09123244 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09123244

PLS Enterprises Limited

Filleted Unaudited Financial Statements

for the Year Ended 30 September 2024

 

PLS Enterprises Limited

(Registration number: 09123244)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

300,000

300,000

Current assets

 

Debtors

5

23,638

140,130

Cash at bank and in hand

 

76,395

1,486

 

100,033

141,616

Creditors: Amounts falling due within one year

6

(5,434)

(13,044)

Net current assets

 

94,599

128,572

Total assets less current liabilities

 

394,599

428,572

Creditors: Amounts falling due after more than one year

6

(150,490)

(200,490)

Provisions for liabilities

(26,250)

(26,250)

Net assets

 

217,859

201,832

Capital and reserves

 

Called up share capital

7

10

10

Other reserves

78,766

78,766

Retained earnings

139,083

123,056

Shareholders' funds

 

217,859

201,832

 

PLS Enterprises Limited

(Registration number: 09123244)
Balance Sheet as at 30 September 2024

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 March 2025
 


Mr D Csehi
Director

   
 

PLS Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

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

The address of its registered office is:
50-54 Oswald Road
Scunthorpe
North Lincolnshire
DN15 7PQ

Registration number: 09123244

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 provision of
services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

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 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 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.

 

PLS Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the director. The director uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the profit or loss.

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.

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.

3

Staff numbers

The average number of persons employed by the company during the year was 0 (2023 - 0).

4

Investment properties

2024
£

At 1 October

300,000

At 30 September

300,000

The value of the investment property is reviewed annually by the directors.

There has been no valuation of investment property by an independent valuer.

5

Debtors

Current

2024
£

2023
£

Prepayments

250

-

Other debtors

23,000

140,000

Social security and other taxes

388

130

 

23,638

140,130

 

PLS Enterprises Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

6

Creditors

2024
£

2023
£

Due within one year

Trade payables

156

606

Other creditors

350

7,699

Social security and other taxes

4,928

4,739

5,434

13,044

2024
£

2023
£

Due after one year

Other creditors

150,490

200,490

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

10

10

10

10