Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-312025-05-02truefalse2023-04-01Property Developement55falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11963776 2023-04-01 2024-03-31 11963776 2022-04-01 2023-03-31 11963776 2024-03-31 11963776 2023-03-31 11963776 c:Director1 2023-04-01 2024-03-31 11963776 c:Director3 2023-04-01 2024-03-31 11963776 d:CurrentFinancialInstruments 2024-03-31 11963776 d:CurrentFinancialInstruments 2023-03-31 11963776 d:Non-currentFinancialInstruments 2024-03-31 11963776 d:Non-currentFinancialInstruments 2023-03-31 11963776 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11963776 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11963776 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11963776 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 11963776 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 11963776 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 11963776 d:ShareCapital 2024-03-31 11963776 d:ShareCapital 2023-03-31 11963776 d:RetainedEarningsAccumulatedLosses 2024-03-31 11963776 d:RetainedEarningsAccumulatedLosses 2023-03-31 11963776 c:OrdinaryShareClass1 2023-04-01 2024-03-31 11963776 c:OrdinaryShareClass1 2024-03-31 11963776 c:OrdinaryShareClass1 2023-03-31 11963776 c:OrdinaryShareClass2 2023-04-01 2024-03-31 11963776 c:OrdinaryShareClass2 2024-03-31 11963776 c:OrdinaryShareClass2 2023-03-31 11963776 c:OrdinaryShareClass3 2023-04-01 2024-03-31 11963776 c:OrdinaryShareClass3 2024-03-31 11963776 c:OrdinaryShareClass3 2023-03-31 11963776 c:OrdinaryShareClass4 2023-04-01 2024-03-31 11963776 c:OrdinaryShareClass4 2024-03-31 11963776 c:OrdinaryShareClass4 2023-03-31 11963776 c:FRS102 2023-04-01 2024-03-31 11963776 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11963776 c:FullAccounts 2023-04-01 2024-03-31 11963776 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11963776 2 2023-04-01 2024-03-31 11963776 6 2023-04-01 2024-03-31 11963776 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11963776









PLUTO ONE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
PLUTO ONE LIMITED
REGISTERED NUMBER: 11963776

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
100
100

  
100
100

Current assets
  

Stocks and work in progress
 5 
-
2,739,884

Debtors: amounts falling due after more than one year
 6 
1,740,351
1,639,149

Debtors: amounts falling due within one year
 6 
697,023
1,012,719

Cash at bank and in hand
 7 
2,136,332
105,175

  
4,573,706
5,496,927

Creditors: amounts falling due within one year
 8 
(709,521)
(1,323,004)

Net current assets
  
 
 
3,864,185
 
 
4,173,923

Total assets less current liabilities
  
3,864,285
4,174,023

Creditors: amounts falling due after more than one year
 9 
-
(1,049,425)

  

Net assets
  
3,864,285
3,124,598


Capital and reserves
  

Called up share capital 
 11 
200
200

Profit and loss account
  
3,864,085
3,124,398

  
3,864,285
3,124,598


Page 1

 
PLUTO ONE LIMITED
REGISTERED NUMBER: 11963776
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf                    on 2 May 2025.




................................................
G A Lewis
................................................
J S Rayat
Director
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
PLUTO ONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Pluto One Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Charles Lake House Claire Causeway, Crossways Business Park, Dartford, Kent, England, DA2 6QA. The principal activity of the company during the year has been that of property development.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
PLUTO ONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.


 
2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

  
2.8

Stocks and work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost includes all direct costs.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are
recognised when paid. Final equity dividends are recognised when approved by the shareholders at
an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

Page 4

 
PLUTO ONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2023
100



At 31 March 2024
100





5.


Stocks

2024
2023
£
£

Work in progress
-
2,739,884


Page 5

 
PLUTO ONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
1,740,351
1,639,149


2024
2023
£
£

Due within one year

Trade debtors
616,748
908,068

Other debtors
80,275
104,651



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
2,136,332
105,175



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
73,000
358,912

Amounts owed to group undertakings
4
4

Corporation tax
174,802
660,200

Other creditors
285,473
282,364

Accruals and deferred income
176,242
21,524

709,521
1,323,004



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
-
1,049,425

-
1,049,425


Page 6

 
PLUTO ONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due 1-2 years

Other loans
-
1,049,425

-
1,049,425


Page 7

 
PLUTO ONE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



50 (2023 - 50) "A" Ordinary shares of £1.00 each
50
50
50 (2023 - 50) "B" Ordinary shares of £1.00 each
50
50
50 (2023 - 50) "C" Ordinary shares of £1.00 each
50
50
50 (2023 - 50) "D" Ordinary shares of £1.00 each
50
50

200

200



12.


Related party transactions

Included within other creditors due within one year is an amount of £286,473 owed to the directors 
(
2023 - £250,473).

 
Page 8