Company Registration No. 11289313 (England and Wales)
PLUTUS PARTNERS LIMITED
Unaudited accounts
for the year ended 31 July 2024
PLUTUS PARTNERS LIMITED
Unaudited accounts
Contents
PLUTUS PARTNERS LIMITED
Company Information
for the year ended 31 July 2024
Director
Sanjeev Shah Tolia
Company Number
11289313 (England and Wales)
Registered Office
120 NEW CAVENDISH STREET
LONDON
W1W 6XX
ENGLAND
PLUTUS PARTNERS LIMITED
Statement of financial position
as at 31 July 2024
Debtors
1,831,007
2,162,719
Cash at bank and in hand
23,371
5,758
Creditors: amounts falling due within one year
(1,706,338)
(2,019,217)
Net current assets
148,040
149,260
Net assets
148,655
150,182
Called up share capital
108
108
Profit and loss account
148,547
150,074
Shareholders' funds
148,655
150,182
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 25 April 2025 and were signed on its behalf by
Sanjeev Shah Tolia
Director
Company Registration No. 11289313
PLUTUS PARTNERS LIMITED
Notes to the Accounts
for the year ended 31 July 2024
PLUTUS PARTNERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11289313. The registered office is 120 NEW CAVENDISH STREET, LONDON, W1W 6XX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
25% straight-line basis
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Tangible fixed assets
Computer equipment
Amounts falling due within one year
Amounts due from group undertakings etc.
1,202,266
1,512,991
Accrued income and prepayments
45
15,417
Other debtors
628,696
634,311
PLUTUS PARTNERS LIMITED
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,302,680
1,403,085
Trade creditors
995
70,489
Taxes and social security
5,564
15,176
Other creditors
374,398
453,395
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Average number of employees
During the year the average number of employees was 2 (2023: 2).