REGISTERED NUMBER: 08802008 (England and Wales)

Unaudited Financial Statements

for the Period 30 June 2023 to 30 June 2024

for

Planval Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S C Pigott

P I Allan

SECRETARIES:

P J Weaver

R G Potter

G A Olley

REGISTERED OFFICE:

9 St George's Yard

Farnham

Surrey

GU9 7LW

REGISTERED NUMBER:

08802008 (England and Wales)

ACCOUNTANTS:

Blackwood Futcher & Co.

Chartered Accountants

9 St George's Yard

Farnham

Surrey

GU9 7LW

FIXED ASSETS

Tangible assets

4

12,624

26,991

CURRENT ASSETS

Debtors

5

1,056,112

939,454

Cash at bank

535

39,102

1,056,647

978,556

CREDITORS

Amounts falling due within one year

6

729,234

592,661

NET CURRENT ASSETS

327,413

385,895

TOTAL ASSETS LESS CURRENT LIABILITIES

340,037

412,886

CREDITORS

Amounts falling due after more than one year

7

(21,733

)

(30,067

)

PROVISIONS FOR LIABILITIES

(3,156

)

(3,700

)

NET ASSETS

315,148

379,119

CAPITAL AND RESERVES

Called up share capital

440

440

Retained earnings

314,708

378,679

SHAREHOLDERS' FUNDS

315,148

379,119

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 Income Statement 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:

S C Pigott - Director

1.	STATUTORY INFORMATION

Planval 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 and represents amounts receivable from the provision of conveyancing searches software platform services rendered, stated net of discounts and of Value Added Tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the period 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 30 June 2023

and 30 June 2024

57,019

DEPRECIATION

At 30 June 2023

30,028

Charge for period

14,367

At 30 June 2024

44,395

NET BOOK VALUE

At 30 June 2024

12,624

At 29 June 2023

26,991

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.24

29.6.23

£

£

Trade debtors

10,146

49,190

Other debtors

1,045,966

890,264

1,056,112

939,454

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.24

29.6.23

£

£

Bank loans and overdrafts

10,000

3,333

Trade creditors

24,232

40,239

Taxation and social security

193,009

183,891

Other creditors

501,993

365,198

729,234

592,661

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.24

29.6.23

£

£

Bank loans

21,733

30,067

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 30 June 2024 and 29 June 2023:

30.6.24

29.6.23

£

£

S C Pigott

Balance outstanding at start of period

177,162

106,564

Amounts advanced

108,821

212,819

Amounts repaid

(3,852

)

(142,221

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

282,131

177,162

At the balance sheet date the company was owed an amount of £282,131 by a company director. The maximum amount owed to the company during the year was £294,868. No interest was paid on this balance.

9.	RELATED PARTY DISCLOSURES

Included in other debtors are amounts totalling £763,835 (2023 £702,589) that are due from companies in which the directors and shareholders of the company have a material interest.

Included in other creditors are amounts totalling £423,559 (2023 £524,639) that are due from companies in which the directors and shareholders of the company have a material interest: