Company Registration No. 05529731 (England and Wales)
Ploughley Estates Limited
Unaudited accounts
for the year ended 31 August 2024
Ploughley Estates Limited
Unaudited accounts
Contents
Ploughley Estates Limited
Company Information
for the year ended 31 August 2024
Directors
Kathryn Mary BOYES
Michael John LEWIS
Graham John RADFORD
Company Number
05529731 (England and Wales)
Registered Office
WINTON HOUSE
WINTON SQUARE
BASINGSTOKE
RG21 8EN
United Kingdom
Accountants
Cranleys Chartered Accountants
Winton House
Winton Square
Basingstoke
Hampshire
RG21 8EN
Ploughley Estates Limited
Statement of financial position
as at 31 August 2024
Inventories
940,657
791,341
Cash at bank and in hand
9,555
10,692
Creditors: amounts falling due within one year
(508,231)
(543,144)
Net current assets
441,981
258,889
Total assets less current liabilities
441,981
258,889
Creditors: amounts falling due after more than one year
(359,184)
(183,695)
Called up share capital
100
100
Profit and loss account
82,697
75,094
Shareholders' funds
82,797
75,194
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 19 May 2025 and were signed on its behalf by
Graham John RADFORD
Director
Company Registration No. 05529731
Ploughley Estates Limited
Notes to the Accounts
for the year ended 31 August 2024
Ploughley Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 05529731. The registered office is WINTON HOUSE, WINTON SQUARE, BASINGSTOKE, RG21 8EN, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,783
1,398
Loans from directors
406,378
541,733
5
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
359,184
183,695
6
Average number of employees
During the year the average number of employees was 3 (2023: 3).