Plaskitt Interior Design Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 07255107 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Plaskitt Interior Design Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

Mrs C L Mullen

Mr J A D Mullen

REGISTERED OFFICE:

6 Blossom Street

York

YO24 1AE

REGISTERED NUMBER:

07255107 (England and Wales)

ACCOUNTANTS:

PY Accountants Ltd

33 Holmefield Close

Brayton

Selby

YO8 9LR

BANKERS:

National Westminster Bank Plc

1 Market Street

York

YO1 8SR

FIXED ASSETS

Tangible assets

4

55,439

72,691

CURRENT ASSETS

Stocks

5

10,722

10,000

Debtors

6

74,119

74,070

Prepayments and accrued income

5,103

Cash at bank and in hand

27,390

106,700

117,334

195,873

CREDITORS

Amounts falling due within one year

7

54,555

108,431

NET CURRENT ASSETS

62,779

87,442

TOTAL ASSETS LESS CURRENT
LIABILITIES

118,218

160,133

CREDITORS

Amounts falling due after more than one
year

8

35,062

54,055

NET ASSETS

83,156

106,078

CAPITAL AND RESERVES

Called up share capital

9

2

Revaluation reserve

10

5,278

Retained earnings

77,876

100,798

SHAREHOLDERS' FUNDS

83,156

106,078

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mrs C L Mullen - Director

Mr J A D Mullen - Director

1.	STATUTORY INFORMATION

Plaskitt Interior Design Ltd 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

property

fittings

vehicles

Totals

£

COST

At 1 January 2024

and 31 December 2024

21,355

25,633

109,485

156,473

DEPRECIATION

At 1 January 2024

16,392

22,103

45,287

83,782

Charge for year

496

706

16,050

17,252

At 31 December 2024

16,888

22,809

61,337

101,034

NET BOOK VALUE

At 31 December 2024

4,467

2,824

48,148

55,439

At 31 December 2023

4,963

3,530

64,198

72,691

5.

STOCKS

31.12.24

31.12.23

£

Stocks

10,722

10,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

74,119

74,070

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

22,250

Creditors

22,721

40,015

Corporation Tax

3,075

6,478

VAT

4,484

13,161

Directors' loan accounts

-

24,532

Accrued expenses

2,025

1,995

54,555

108,431

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans more 5 yr by instal

35,062

54,055

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

35,062

54,055

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

1

Ordinary A

£1

1

Ordinary B

£1

1

2

10.

RESERVES

Revaluation

reserve

£

At 1 January 2024

and 31 December 2024

5,278

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

PY Accountants Ltd

33 Holmefield Close

Brayton

Selby

YO8 9LR

26 September 2025