Company Registration No. 7792020 (England and Wales)
Whole Brain Planning Ltd
Unaudited accounts
for the year ended 31 October 2024
Whole Brain Planning Ltd
Unaudited accounts
Contents
Whole Brain Planning Ltd
Company Information
for the year ended 31 October 2024
Company Number
7792020 (England and Wales)
Registered Office
8 Sawpit Street
Dunham Massey
Cheshire
WA14 5SJ
Accountants
SARKS (UK) Limited
3 Hardman Street
10th Floor
Manchester
M3 3HF
Whole Brain Planning Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
25,150
27,862
Cash at bank and in hand
4,147
566,789
Creditors: amounts falling due within one year
(54,012)
(45,540)
Net current assets
576,445
523,536
Total assets less current liabilities
601,595
551,398
Creditors: amounts falling due after more than one year
(8,030)
(16,030)
Net assets
593,565
535,368
Called up share capital
1
1
Profit and loss account
593,564
535,367
Shareholders' funds
593,565
535,368
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 25 July 2025 and were signed on its behalf by
Mr Mark Williams
Director
Company Registration No. 7792020
Whole Brain Planning Ltd
Notes to the Accounts
for the year ended 31 October 2024
Whole Brain Planning Ltd is a private company, limited by shares, registered in England and Wales, registration number 7792020. The registered office is 8 Sawpit Street, Dunham Massey, Cheshire, WA14 5SJ.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 years
Computer equipment
3 years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
30,664
16,402
4,221
51,287
At 31 October 2024
30,664
16,402
4,221
51,287
At 1 November 2023
7,998
13,032
2,395
23,425
Charge for the year
1,133
1,123
456
2,712
At 31 October 2024
9,131
14,155
2,851
26,137
At 31 October 2024
21,533
2,247
1,370
25,150
At 31 October 2023
22,666
3,370
1,826
27,862
Whole Brain Planning Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Accrued income and prepayments
21,282
-
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,000
8,000
Taxes and social security
42,928
34,659
Creditors due less than one year includes a Business Bounce Back Loan balance of £7,999.92.
Included with the above accruals figures an amount of £2,636.00 Director's salary.
7
Creditors: amounts falling due after more than one year
2024
2023
Creditors due after one year includes a Business Bounce Back Loan balance of £8,030.
Contingent Asset
During the year, Whole Brain Planning (WBP) entered a new contract with its current broadband provider to replace its satellite business broadband by a new business fibre service. WBP has disputed the new contract's terms and charges. WBP has filed a claim for the mis-selling of the new contract. WBP believes it has a strong case and is pursuing appropriate actions to recover the costs. A contingent asset is recognised for the potential reimbursement. The outcome of this claim is uncertain, and the amount, if any, that will be recovered cannot be reliably measured. However, the inflow of economic benefits is probable, and therefore, a contingent asset is disclosed. The amount of the potential reimbursement is estimated to be over £4,000.
This disclosed in the notes to the financial statements rather than being recorded as an asset in the statement of financial position. This demonstrates the asymmetry of prudence, that losses will be recorded earlier than potential gains.
Whole Brain Planning Ltd
Notes to the Accounts
for the year ended 31 October 2024
9
Transactions with related parties
Included within debtors due over one year an amount of £605,025 (2023 £Nil) represents an inter-company loan from Whole Brain Planning Ltd to Sunny Mountain Ltd. Both companies become related parties on the grounds that they are both owned and controlled by the same individual.
There is a first legal charge over Sunny Mountain's freehold property for the loan and the director has stipulated that if Sunny Mountain were to obtain a similar loan from its bank an interest of 5.7% would be charged.
The interest rate charged on the loan is 5.7% to the period 31st October 2024. The loan is repayable in March 2049.
Included within debtors due within one year £21,282 accrued loan interest.
10
Post balance sheet events
Whole Brain Planning has been able to secure and deliver more work post yearend reporting period showed it has sufficient funds to meet its obligations. No material uncertainties that cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.
11
Average number of employees
During the year the average number of employees was 0 (2023: 0).