THE PLANT AREA LIMITED

Company Registration Number:
04572719 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

THE PLANT AREA LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE PLANT AREA LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 2,999,808 3,418,840
Cost of sales: ( 1,371,179 ) ( 1,608,567 )
Gross profit(or loss): 1,628,629 1,810,273
Distribution costs: ( 25,152 ) ( 26,548 )
Administrative expenses: ( 1,574,089 ) ( 1,873,175 )
Other operating income: 0 0
Operating profit(or loss): 29,388 (89,450)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 44,666 ) ( 59,495 )
Profit(or loss) before tax: (15,278) (148,945)
Tax: 2,903 28,300
Profit(or loss) for the financial year: (12,375) (120,645)

THE PLANT AREA LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 688,870 688,870
Tangible assets: 4 587,679 616,519
Investments:   0 0
Total fixed assets: 1,276,549 1,305,389
Current assets
Stocks: 5 458,108 511,876
Debtors: 6 219,149 69,369
Cash at bank and in hand: 438,617 172,794
Investments:   0 0
Total current assets: 1,115,874 754,039
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 709,230 ) ( 273,259 )
Net current assets (liabilities): 406,644 480,780
Total assets less current liabilities: 1,683,193 1,786,169
Creditors: amounts falling due after more than one year: 8 ( 1,088,692 ) ( 1,168,388 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 594,501 617,781
Capital and reserves
Called up share capital: 100 100
Share premium account: 50,000 50,000
Other reserves: 104,393 104,395
Profit and loss account: 440,008 463,286
Total Shareholders' funds: 594,501 617,781

The notes form part of these financial statements

THE PLANT AREA LIMITED

Balance sheet statements

For the year ending 31 December 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.

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 15 June 2025
and signed on behalf of the board by:

Name: R L Wong
Status: Director

The notes form part of these financial statements

THE PLANT AREA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 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 represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

THE PLANT AREA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 55 58

THE PLANT AREA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 January 2024 354,000 348,870 702,870
Additions 0 0 0
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 December 2024 354,000 348,870 702,870
Amortisation
At 1 January 2024 7,000 7,000 14,000
Charge for year 0 0 0
On disposals 0 0 0
Other adjustments 0 0 0
At 31 December 2024 7,000 7,000 14,000
Net book value
At 31 December 2024 347,000 341,870 688,870
At 31 December 2023 347,000 341,870 688,870

THE PLANT AREA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 501,525 214,342 98,527 71,183 94,291 979,868
Additions 0 2,593 0 670 3,263
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 December 2024 501,525 216,935 98,527 71,853 94,291 983,131
Depreciation
At 1 January 2024 38,001 141,582 84,827 61,077 37,862 363,349
Charge for year 2,875 7,409 5,010 5,737 11,072 32,103
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 December 2024 40,876 148,991 89,837 66,814 48,934 395,452
Net book value
At 31 December 2024 460,649 67,944 8,690 5,039 45,357 587,679
At 31 December 2023 463,524 72,760 13,700 10,106 56,429 616,519

THE PLANT AREA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Stocks

2024 2023
£ £
Stocks 458,108 511,876
Payments on account 0 0
Total 458,108 511,876

THE PLANT AREA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Debtors

2024 2023
£ £
Trade debtors 7,306 10,119
Prepayments and accrued income 0 0
Other debtors 211,843 59,250
Total 219,149 69,369
Debtors due after more than one year: 0 0

THE PLANT AREA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 39,628 55,493
Trade creditors 485,124 92,235
Taxation and social security 1,806 6,040
Accruals and deferred income 10,561 11,612
Other creditors 172,111 107,879
Total 709,230 273,259

THE PLANT AREA LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

8. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 1,088,692 1,168,388
Other creditors 0 0
Total 1,088,692 1,168,388