POSSESSION PLANNING LIMITED

Company Registration Number:
04522745 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

POSSESSION PLANNING LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

POSSESSION PLANNING LIMITED

Company Information

for the Period Ended 31 August 2024




Director: Gilman Gillott
Louise Nicholls
Registered office: The Cottage
Hight Street
Gringley On The Hill
Doncaster
DN10 4RG
Company Registration Number: 04522745 (England and Wales)

POSSESSION PLANNING LIMITED

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 August 2024
Gilman Gillott
Louise Nicholls

This report was approved by the board of directors on 23 May 2025
And Signed On Behalf Of The Board By:

Name: Gilman Gillott
Status: Director

POSSESSION PLANNING LIMITED

Profit and Loss Account

for the Period Ended 31 August 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 35,191 34,929
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 38,170 ) ( 59,081 )
Operating Profit or (Loss) ( 2,979 ) ( 24,152 )
Interest Receivable and Similar Income 2,867 913
Interest Payable and Similar Charges ( 0 ) ( 407 )
Profit or (Loss) Before Tax ( 112 ) ( 23,646 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 112 ) ( 23,646 )

The notes form part of these financial statements

POSSESSION PLANNING LIMITED

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 174,478 70,254
Total fixed assets: 174,478 70,254
Current assets
Stocks: 0 0
Debtors: 2,286 2,869
Cash at bank and in hand: 139,125 238,525
Total current assets: 141,411 241,394
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 47,777 ) ( 86,706 )
Net current assets (liabilities): 93,634 154,688
Total assets less current liabilities: 268,112 224,942
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 268,112 224,942

The notes form part of these financial statements

POSSESSION PLANNING LIMITED

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 5,000 5,000
Profit and loss account: 263,112 219,942
Shareholders funds: 268,112 224,942

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 23 May 2025
And Signed On Behalf Of The Board By:

Name: Gilman Gillott
Status: Director

The notes form part of these financial statements

POSSESSION PLANNING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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 sale of goods and from the rendering of services. Turnover is
    reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.
    Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value,
    over their expected useful lives on the following bases:
    Freehold Revaluation
    Plant & Machinery 25% on reducing balance
    Motor Vehicles 25% on reducing balance
    Computer Equipment 25% on reducing balance

POSSESSION PLANNING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

POSSESSION PLANNING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

POSSESSION PLANNING LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Tangible Assets

Total
Cost £
At 01 September 2023 70,254
Additions 104,224
Disposals (0)
Revaluations 0
Transfers 0
At 31 August 2024 174,478
Depreciation
At 01 September 2023 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 31 August 2024 0
Net book value
At 31 August 2024 174,478
At 31 August 2023 70,254