PLUSPURCHASE LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05683437

PLUSPURCHASE LIMITED

Filleted Unaudited Financial Statements

31 January 2025

PLUSPURCHASE LIMITED

Statement of Financial Position

31 January 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	3		488,356	488,356

Current assets

Debtors	4	3,062	272
Cash at bank and in hand		52,137	38,890
		--------	--------
		55,199	39,162

Creditors: amounts falling due within one year	5	339,248		328,456
		---------		---------
Net current liabilities			284,049	289,294
			---------	---------
Total assets less current liabilities			204,307	199,062

Creditors: amounts falling due after more than one year	6	11,782	27,816
		---------	---------
Net assets		192,525	171,246
		---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	192,425	171,146
	---------	---------
Shareholders funds	192,525	171,246
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

PLUSPURCHASE LIMITED

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 18 September 2025 , and are signed on behalf of the board by:

Mr M Hommel
Director

Company registration number: 05683437

PLUSPURCHASE LIMITED

Accounting Policies

Year ended 31 January 2025

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

PLUSPURCHASE LIMITED

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 9 Temple Fortune Mansions, Bridge Lane, London, NW11 0QR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Tangible assets

	Land and buildings
	£
Cost
At 1 February 2024 and 31 January 2025	488,356
	---------
Depreciation
At 1 February 2024 and 31 January 2025	–
	---------
Carrying amount
At 31 January 2025	488,356
	---------
At 31 January 2024	488,356
	---------

4. Debtors

	2025	2024
	£	£
Trade debtors	3,062	272
	-------	----

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	15,738	15,566
Trade creditors	687	686
Corporation tax	6,005	3,196
Other creditors	316,818	309,008
	---------	---------
	339,248	328,456
	---------	---------

6. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	11,782	27,816
	--------	--------

7. Related party transactions

The company was under the control of Mr M Hommel throughout the current and previous year. Mr M Hommel is the managing director and majority shareholder.