Plurabelle Books Limited
Registered number: 06683582
Balance Sheet
at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 98 329
Current assets
Stocks 4,213 3,600
Debtors 4 11,746 12,407
Cash at bank and in hand 18,069 23,164
34,028 39,171
Creditors: amounts falling due within one year 5 (23,624) (26,796)
Net current assets 10,404 12,375
Net assets 10,502 12,704
Capital and reserves
Called up share capital 100 100
Profit and loss account 10,402 12,604
Shareholders' funds 10,502 12,704
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Dr Peter Michael Cahn
Director
Approved by the board on 12 May 2025
Plurabelle Books Limited
Notes to the Financial statements
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 – The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' ('FRS 102'), and with the Companies Act 2006. The financial statements have been prepared on the historical cost basis and are presented in Sterling (£).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services and is recognised by reference to the stage of completion of the contract.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets over their expected useful lives, using the straight-line method.
Plant and machinery 25% per year
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
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.
Creditors
Short term trade 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.
Taxation
Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that that have been enacted or substantively enacted by the reporting date.
Deferred tax is calculated using the tax rates and laws that that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference and is recognised in respect of all timing differences at the reporting date, except as otherwise indicated. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
Rentals payable under operating leases are charged to the profit and loss account as incurred
Employee benefits
Short-term employee benefits and contributions to defined contribution pension plans are recognised as an expense in the period in which they are incurred.
The company operates stakeholder defined contribution pension schemes for the benefit of the employees and directors. The assets of the pension schemes are administered by an independent pensions provider.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery
£
Cost
At 1 September 2023 11,157
Additions 130
At 31 August 2024 11,287
Depreciation
At 1 September 2023 10,828
Charge for the year 361
At 31 August 2024 11,189
Net book value
At 31 August 2024 98
At 31 August 2023 329
4 Debtors 2024 2023
£ £
Prepayments and accrued income 11,746 12,407
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 968 3,977
Other creditors 20,801 20,801
Accruals and deferred income 1,855 2,018
23,624 26,796
6 Other financial commitments 2024 2023
£ £
Total future minimum payments under non-cancellable operating leases 25,000 50,000
7 Other information
Plurabelle Books Limited is a private company limited by shares and incorporated in England. Its registered office is:
Unit 8 Restwell House
Coldhams Lane
Cambridge
CB1 3EW
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