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REGISTERED NUMBER: 06384719 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

PLANTMASTERS LIMITED

PLANTMASTERS LIMITED (REGISTERED NUMBER: 06384719)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PLANTMASTERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: Mr P C Allsop





REGISTERED OFFICE: Unit 21 Apex Business Centre
Boscombe Road
Dunstable
Bedfordshire
LU5 4SB





REGISTERED NUMBER: 06384719 (England and Wales)





ACCOUNTANTS: Stoten Gillam Limited
Chartered Accountants
Alban House
99 High Street South
Dunstable
Bedfordshire
LU6 3SF

PLANTMASTERS LIMITED (REGISTERED NUMBER: 06384719)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 377,379 289,788

CURRENT ASSETS
Stocks 88,876 85,314
Debtors 5 397,586 282,148
Cash at bank and in hand 3,585 75,321
490,047 442,783
CREDITORS
Amounts falling due within one year 6 182,219 155,679
NET CURRENT ASSETS 307,828 287,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

685,207

576,892

CREDITORS
Amounts falling due after more than one
year

7

(46,254

)

(56,451

)

PROVISIONS FOR LIABILITIES (61,939 ) (39,444 )
NET ASSETS 577,014 480,997

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 576,914 480,897
SHAREHOLDERS' FUNDS 577,014 480,997

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PLANTMASTERS LIMITED (REGISTERED NUMBER: 06384719)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 June 2025 and were signed by:





Mr P C Allsop - Director


PLANTMASTERS LIMITED (REGISTERED NUMBER: 06384719)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Plantmasters Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

PLANTMASTERS LIMITED (REGISTERED NUMBER: 06384719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 674,935
Additions 240,092
Disposals (156,914 )
At 30 September 2024 758,113
DEPRECIATION
At 1 October 2023 385,147
Charge for year 124,214
Eliminated on disposal (128,627 )
At 30 September 2024 380,734
NET BOOK VALUE
At 30 September 2024 377,379
At 30 September 2023 289,788

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 362,112 247,337
Other debtors 35,474 34,811
397,586 282,148

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 23,972 10,000
Hire purchase contracts 24,443 18,861
Trade creditors 90,234 104,317
Taxation and social security 38,109 16,301
Other creditors 5,461 6,200
182,219 155,679

PLANTMASTERS LIMITED (REGISTERED NUMBER: 06384719)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 11,667 21,667
Hire purchase contracts 34,587 34,784
46,254 56,451

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Mr P C Allsop
Balance outstanding at start of year 10,821 10,821
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,821 10,821