IRIS Accounts Production v25.1.0.734 01404201 director 1.1.24 31.12.24 31.12.24 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh014042012023-12-31014042012024-12-31014042012024-01-012024-12-31014042012022-12-31014042012023-01-012023-12-31014042012023-12-3101404201ns15:EnglandWales2024-01-012024-12-3101404201ns14:PoundSterling2024-01-012024-12-3101404201ns10:Director12024-01-012024-12-3101404201ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3101404201ns10:SmallEntities2024-01-012024-12-3101404201ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3101404201ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101404201ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101404201ns10:FullAccounts2024-01-012024-12-3101404201ns10:OrdinaryShareClass12024-01-012024-12-3101404201ns10:RegisteredOffice2024-01-012024-12-3101404201ns5:CurrentFinancialInstruments2024-12-3101404201ns5:CurrentFinancialInstruments2023-12-3101404201ns5:Non-currentFinancialInstruments2024-12-3101404201ns5:Non-currentFinancialInstruments2023-12-3101404201ns5:ShareCapital2024-12-3101404201ns5:ShareCapital2023-12-3101404201ns5:RevaluationReserve2024-12-3101404201ns5:RevaluationReserve2023-12-3101404201ns5:RetainedEarningsAccumulatedLosses2024-12-3101404201ns5:RetainedEarningsAccumulatedLosses2023-12-3101404201ns5:FurnitureFittings2024-01-012024-12-3101404201ns5:MotorVehicles2024-01-012024-12-3101404201ns5:FurnitureFittings2023-12-3101404201ns5:MotorVehicles2023-12-3101404201ns5:FurnitureFittings2024-12-3101404201ns5:MotorVehicles2024-12-3101404201ns5:FurnitureFittings2023-12-3101404201ns5:MotorVehicles2023-12-3101404201ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3101404201ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3101404201ns10:OrdinaryShareClass12024-12-3101404201ns5:RevaluationReserve2023-12-31
REGISTERED NUMBER: 01404201 (England and Wales)















PLANPOINT LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024






PLANPOINT LIMITED (REGISTERED NUMBER: 01404201)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PLANPOINT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTOR: P Maddock





REGISTERED OFFICE: Blue Door Primrose Green
Raglan
Usk
Monmouthshire
NP15 2DU





REGISTERED NUMBER: 01404201 (England and Wales)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

PLANPOINT LIMITED (REGISTERED NUMBER: 01404201)

BALANCE SHEET
31ST DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 113,612 71,625
Investment property 5 2,055,365 2,536,789
2,168,977 2,608,414

CURRENT ASSETS
Debtors 6 30,383 37,435
Cash at bank 101,273 78,331
131,656 115,766
CREDITORS
Amounts falling due within one year 7 691,185 770,230
NET CURRENT LIABILITIES (559,529 ) (654,464 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,609,448

1,953,950

CREDITORS
Amounts falling due after more than one
year

8

(532,002

)

(881,090

)

PROVISIONS FOR LIABILITIES (59,645 ) (39,344 )
NET ASSETS 1,017,801 1,033,516

PLANPOINT LIMITED (REGISTERED NUMBER: 01404201)

BALANCE SHEET - continued
31ST DECEMBER 2024

2024 2023
Notes £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 108,528 108,528
Retained earnings 909,173 924,888
SHAREHOLDERS' FUNDS 1,017,801 1,033,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 9th April 2025 and were signed by:





P Maddock - Director


PLANPOINT LIMITED (REGISTERED NUMBER: 01404201)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Planpoint 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & machinery etc - 15% on reducing balance
Motor vehicles - 20% on reducing balance

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

PLANPOINT LIMITED (REGISTERED NUMBER: 01404201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant &
machinery Motor
etc vehicles Totals
£    £    £   
COST
At 1st January 2024 149,327 7,137 156,464
Additions 54,106 - 54,106
At 31st December 2024 203,433 7,137 210,570
DEPRECIATION
At 1st January 2024 79,318 5,521 84,839
Charge for year 11,796 323 12,119
At 31st December 2024 91,114 5,844 96,958
NET BOOK VALUE
At 31st December 2024 112,319 1,293 113,612
At 31st December 2023 70,009 1,616 71,625

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st January 2024 2,536,789
Disposals (481,424 )
At 31st December 2024 2,055,365
NET BOOK VALUE
At 31st December 2024 2,055,365
At 31st December 2023 2,536,789

PLANPOINT LIMITED (REGISTERED NUMBER: 01404201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 8,542 32,167
Other debtors - 3,741
VAT 18,060 1,527
Prepayments 3,781 -
30,383 37,435

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,600 6,600
Trade creditors 12,359 681
Amounts owed to group undertakings 593,452 593,452
Corporation Tax - 49,681
Social security and other taxes (105 ) 396
Other creditors 1,000 6,700
Directors' current accounts 62,490 95,505
Accruals and deferred income 15,389 17,215
691,185 770,230

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank Loans - > 1 Year 532,002 881,090

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Revaluation
reserve
£   
At 1st January 2024
and 31st December 2024 108,528

PLANPOINT LIMITED (REGISTERED NUMBER: 01404201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

11. RELATED PARTY DISCLOSURES

The company had an outstanding directors loan account at the year end due to Mr P Maddock of £62,489 (2023 - £95,505).