Company registration number 08651295 (England and Wales)
PLAIN SPEAKING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
PLAIN SPEAKING LTD
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
37,702
20,000
Current assets
108,834
187,167
Creditors: amounts falling due within one year
(29,327)
(52,105)
Net current assets
79,507
135,062
Total assets less current liabilities
117,209
155,062
Net assets
117,209
155,062
Capital and reserves
117,209
155,062
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
As at the year-end there is a loan owed to the company by the director of £61,998 (2023: £81,145). The loan is unsecured, payable on demand and interest is charged at 2.25%.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
5
Plain Speaking Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 26 Halstead Drive, Menston, Ilkley, United Kingdom, LS29 6NT.
For the year 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 members have not required the company to obtain an audit of its financial statements for the year 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
PLAIN SPEAKING LTD
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
31 December 2024
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 22 May 2025
Mr. K J Milner
Director
Company registration number 08651295 (England and Wales)