Company registration number 15080357 (England and Wales)
PLANKS STORAGE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
PLANKS STORAGE LTD
BALANCE SHEET
AS AT
31 DECEMBER 2024
31 December 2024
- 1 -
2024
£
£
Fixed assets
5,948
Current assets
2,985
Prepayments and accrued income
3,423
Creditors: amounts falling due within one year
(66,968)
Net current liabilities
(60,560)
Total assets less current liabilities
(54,612)
Accruals and deferred income
(2,381)
Net liabilities
(56,993)
Capital and reserves
(56,993)
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

The company made the following loans and advances to directors:

Advances to Directors

During the year £152,756 was advanced to a director, £153,286 was subsequently repaid and interest of £530 was charged. The balance owed by the director as the beginning of the year was £0 and at the end of the year was £0. Interest was charges at 2.25% on loans over £10,000, the loan is unsecured and has no repayment terms.

2
Employees

The average number of persons, including directors, employed by the company during the Period was as follows:

2024
Number
Employees
1
3
Reporting period

The company incorporated on 18 August 2023 and subsequently its adjusted accounting period is 31 December 2024. The company commenced trading on 1 September 2023. Due to this being the first period, there are no comparative amounts presented in the financial statements.

4
Operating Lease Commitments

At the reporting date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £60,011.

PLANKS STORAGE LTD
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2024
31 December 2024
- 2 -

Planks Storage Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Manor Farmhouse, Lydeway, DEVIZES, Wiltshire, SN10 3PU.

For the Period ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 26 March 2025
Mr N D Plank
Director
Company registration number 15080357 (England and Wales)
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