1 July 2023 false No description of principal activity Taxfiler 2024.6 true 12065288business:PrivateLimitedCompanyLtd2023-07-012024-06-30 120652882023-06-30 120652882023-07-012024-06-30 12065288business:AuditExemptWithAccountantsReport2023-07-012024-06-30 12065288business:FilletedAccounts2023-07-012024-06-30 120652882024-06-30 12065288business:Director12023-07-012024-06-30 12065288business:Director22023-07-012024-06-30 12065288business:Director32023-07-012024-06-30 12065288business:Director42023-07-012024-06-30 12065288business:RegisteredOffice2023-07-012024-06-30 120652882023-06-30 12065288core:WithinOneYear2024-06-30 12065288core:WithinOneYear2023-06-30 12065288core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 12065288core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 12065288core:SharePremiumcore:PreviouslyStatedAmount2024-06-30 12065288core:SharePremiumcore:PreviouslyStatedAmount2023-06-30 12065288core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 12065288core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 12065288core:PreviouslyStatedAmount2024-06-30 12065288core:PreviouslyStatedAmount2023-06-30 12065288business:SmallEntities2023-07-012024-06-30 12065288countries:EnglandWales2023-07-012024-06-30 12065288core:ComputerEquipment2023-07-012024-06-30 12065288core:ComputerEquipment2023-06-30 12065288core:ComputerEquipment2024-06-30 12065288core:AfterOneYear2024-06-30 12065288core:AfterOneYear2023-06-30 12065288business:OrdinaryShareClass12023-07-012024-06-30 12065288business:OrdinaryShareClass12022-07-012023-06-30 12065288business:OrdinaryShareClass22023-07-012024-06-30 12065288business:OrdinaryShareClass22022-07-012023-06-30 12065288business:AllOrdinaryShares2023-07-012024-06-30 12065288business:AllOrdinaryShares2022-07-012023-06-30 120652882022-07-012023-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12065288 (England and Wales)
PLAN B COMMERCE LTD Unaudited accounts for the year ended 30 June 2024
PLAN B COMMERCE LTD Unaudited accounts Contents
Page
- 2 -
PLAN B COMMERCE LTD Company Information for the year ended 30 June 2024
Directors
L Green M Harding C Anderson I Rabbidge
Company Number
12065288 (England and Wales)
Registered Office
1 UPCOTT AVENUE POTTINGTON BUSINESS PARK BARNSTAPLE EX31 1HN ENGLAND
Accountants
On Cloud 9 Accounting 1a Lincoln House Chichester Fields, Tangmere Chichester West Sussex PO20 2FS
- 3 -
PLAN B COMMERCE LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
29,891 
23,937 
Cash at bank and in hand
605 
22,205 
30,496 
46,142 
Creditors: amounts falling due within one year
(367,693)
(152,290)
Net current liabilities
(337,197)
(106,148)
Net liabilities
(337,197)
(106,148)
Capital and reserves
Called up share capital
4 
13,011 
Share premium
391,288 
358,589 
Profit and loss account
(728,489)
(477,748)
Shareholders' funds
(337,197)
(106,148)
For the year ending 30 June 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 13 March 2025 and were signed on its behalf by
M Harding Director Company Registration No. 12065288
- 4 -
PLAN B COMMERCE LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
PLAN B COMMERCE LTD is a private company, limited by shares, registered in England and Wales, registration number 12065288. The registered office is 1 UPCOTT AVENUE, POTTINGTON BUSINESS PARK, BARNSTAPLE, EX31 1HN, 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:
Computer equipment
50% Straight Line
Going concern
The directors believe that the company will continue to trade and manage its business risks successfully following the Covid-19 pandemic. They continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2023
1,627 
At 30 June 2024
1,627 
Depreciation
At 1 July 2023
1,627 
At 30 June 2024
1,627 
Net book value
At 30 June 2024
- 
- 5 -
PLAN B COMMERCE LTD Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
26,146 
6,494 
Trade debtors
3,745 
3,742 
Accrued income and prepayments
- 
637 
29,891 
10,873 
Amounts falling due after more than one year
Other debtors
- 
13,064 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
3,214 
Trade creditors
270,716 
147,185 
Taxes and social security
3,566 
1,891 
Other creditors
82,932 
- 
Loans from directors
10,479 
- 
367,693 
152,290 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
4 
1 B Class Shares of £1 each
1 
13,007 
4 
13,011 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
- 6 -