REGISTERED NUMBER: 07464306 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE PLANT PLACE GC LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S D W Hudson

Ms D Henderson

REGISTERED OFFICE:

5 Crescent East

Thornton Cleveleys

Lancashire

FY5 3LJ

REGISTERED NUMBER:

07464306 (England and Wales)

ACCOUNTANTS:

ma2 Limited

Chartered Accountants

5 Crescent East

Thornton Cleveleys

Lancashire

FY5 3LJ

FIXED ASSETS

Tangible assets

4

1,371,311

1,192,023

CURRENT ASSETS

Stocks

538,211

391,755

Debtors

5

15,335

2,060

Cash at bank and in hand

300,515

183,788

854,061

577,603

CREDITORS

Amounts falling due within one year

6

1,083,535

819,313

NET CURRENT LIABILITIES

(229,474

)

(241,710

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,141,837

950,313

CREDITORS

Amounts falling due after more than one year

7

-

(2,614

)

PROVISIONS FOR LIABILITIES

(56,388

)

(52,511

)

NET ASSETS

1,085,449

895,188

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,085,349

895,088

SHAREHOLDERS' FUNDS

1,085,449

895,188

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

Mr S D W Hudson - Director

1.	STATUTORY INFORMATION

The Plant Place GC 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 represents amounts chargeable, net of value added tax, in respect of the sale of goods to customers.

Tangible fixed assets

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

Short leasehold

-

Straight line over 25 years

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 33 (2023 - 35 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 January 2024

1,148,071

326,213

69,981

Additions

218,432

5,398

455

At 31 December 2024

1,366,503

331,611

70,436

DEPRECIATION

At 1 January 2024

166,089

146,570

46,413

Charge for year

54,660

46,260

3,603

At 31 December 2024

220,749

192,830

50,016

NET BOOK VALUE

At 31 December 2024

1,145,754

138,781

20,420

At 31 December 2023

981,982

179,643

23,568

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

21,729

8,784

1,574,778

Additions

-

81,644

305,929

At 31 December 2024

21,729

90,428

1,880,707

DEPRECIATION

At 1 January 2024

19,815

3,868

382,755

Charge for year

478

21,640

126,641

At 31 December 2024

20,293

25,508

509,396

NET BOOK VALUE

At 31 December 2024

1,436

64,920

1,371,311

At 31 December 2023

1,914

4,916

1,192,023

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade and other debtors

488

1,585

Prepayments

14,847

475

15,335

2,060

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

1,388

14,712

Trade creditors

517,486

258,857

Corporation tax

131,528

85,226

PAYE

12,713

10,569

Pensions payable

3,106

3,754

VAT

75,928

65,941

Directors' current accounts

287,602

328,158

Sundry creditors and accrued expenses

53,784

52,096

1,083,535

819,313

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

-

2,614