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REGISTERED NUMBER: 08797776 (England and Wales)















PLUM CONSTRUCTION LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






PLUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08797776)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


PLUM CONSTRUCTION LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: S A Mellor





REGISTERED OFFICE: 125b Shelford Road
Radcliffe-On-Trent
Nottinghamshire
NG12 1AZ





REGISTERED NUMBER: 08797776 (England and Wales)





ACCOUNTANTS: Duncan & Toplis Limited
14 London Road
Newark
Nottinghamshire
NG24 1TW

PLUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08797776)

STATEMENT OF FINANCIAL POSITION
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 113 141
Investment property 5 255,000 255,000
255,113 255,141

CURRENT ASSETS
Debtors 6 690,000 -
Cash at bank 7,303 83,966
697,303 83,966
CREDITORS
Amounts falling due within one year 7 814,797 195,737
NET CURRENT LIABILITIES (117,494 ) (111,771 )
TOTAL ASSETS LESS CURRENT LIABILITIES 137,619 143,370

PROVISIONS FOR LIABILITIES 25,200 25,200
NET ASSETS 112,419 118,170

CAPITAL AND RESERVES
Called up share capital 8 2 2
Fair value reserve 9 75,598 75,598
Retained earnings 36,819 42,570
SHAREHOLDERS' FUNDS 112,419 118,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 March 2025 and were signed by:





S A Mellor - Director


PLUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08797776)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Plum Construction Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates. Revenue is recognised when the significant risks and rewards have passed to the customer, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and that the costs incurred, or to be incurred, in respect of the transaction, can be measured reliably

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The aggregate surplus or deficit net of deferred tax is transferred to a separate Fair Value reserve to identify distributable profits.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

PLUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08797776)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 453
DEPRECIATION
At 1 July 2023 312
Charge for year 28
At 30 June 2024 340
NET BOOK VALUE
At 30 June 2024 113
At 30 June 2023 141

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 255,000
NET BOOK VALUE
At 30 June 2024 255,000
At 30 June 2023 255,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2018 60,328
Valuation in 2021 5,470
Valuation in 2023 35,000
Cost 154,202
255,000

Investment properties were valued on an open market basis on 30 June 2023 by a third party .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 690,000 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 642,750 193,750
Directors' current accounts 170,000 -
Accrued expenses 2,047 1,987
814,797 195,737

PLUM CONSTRUCTION LIMITED (REGISTERED NUMBER: 08797776)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
2 2

9. RESERVES
Fair
value
reserve
£   
At 1 July 2023
and 30 June 2024 75,598