Plowden Investments Limited
Annual Report and Unaudited Financial Statements
For the year ended 31 March 2025
Company Registration No. 00707886 (England and Wales)
Plowden Investments Limited
Company Information
Directors
D. W. Dove
S. Hampson
Company number
00707886
Registered office
80 Brighton Road
Horley
Surrey
RH6 7JQ
Accountants
Moore Kingston Smith LLP
Betchworth House
57-65 Station Road
Redhill
Surrey
RH1 1DL
Plowden Investments Limited
Directors' Report
For the year ended 31 March 2025
Page 1

The directors present their annual report and financial statements for the year ended 31 March 2025.

Principal activities
The principal activity of the company throughout the year was that of investing in property.
Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

D. W. Dove
S. Hampson
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
D. W. Dove
Director
13 November 2025
Plowden Investments Limited
Chartered Accountants' Report to the Board of Directors on the preparation of the Unaudited Statutory Financial Statements of Plowden Investments Limited for the year ended 31 March 2025
Page 2

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Plowden Investments Limited for the year ended 31 March 2025 which comprise the profit and loss account, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Plowden Investments Limited, as a body, in accordance with the terms of our engagement letter dated 28 October 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Plowden Investments Limited and state those matters that we have agreed to state to the Board of Directors of Plowden Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Plowden Investments Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Plowden Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Plowden Investments Limited. You consider that Plowden Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Plowden Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Kingston Smith LLP
14 November 2025
Chartered Accountants
Betchworth House
57-65 Station Road
Redhill
Surrey
RH1 1DL
Plowden Investments Limited
Profit and Loss Account
For the year ended 31 March 2025
Page 3
2025
2024
Notes
£
£
Turnover
75,776
47,044
Cost of sales
(183)
-
Gross profit
75,593
47,044
Administrative expenses
(31,737)
(83,151)
Other operating income
520
479
Operating profit/(loss)
44,376
(35,628)
Interest receivable and similar income
25,674
23,530
Profit/(loss) before taxation
70,050
(12,098)
Taxation
(15,882)
1,344
Profit/(loss) for the financial year
54,168
(10,754)
Plowden Investments Limited
Balance Sheet
As at 31 March 2025
Page 4
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,502
-
0
Current assets
Stock
379,016
379,199
Debtors
4
11,989
13,415
Investments
5
580,000
545,000
Cash at bank and in hand
44,313
9,246
1,015,318
946,860
Creditors: amounts falling due within one year
6
(24,758)
(8,966)
Net current assets
990,560
937,894
Net assets
992,062
937,894
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
991,962
937,794
Total equity
992,062
937,894

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 13 November 2025 and are signed on its behalf by:
D. W. Dove
Director
Company Registration No. 00707886
Plowden Investments Limited
Notes to the Financial Statements
For the year ended 31 March 2025
Page 5
1
Accounting policies
Company information

Plowden Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is 80 Brighton Road, Horley, Surrey, RH6 7JQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover
Turnover represents sales of properties together with rents, maintenance and transfer fees receivable.
1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33.33% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stock

Stock is stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stock to their present location and condition.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.6
Financial instruments

The company only has financial instruments classified as basic and measured at amortised cost. The company has no financial instruments that are classified as ‘other’ or financial instruments measured at fair value.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Plowden Investments Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
1
Accounting policies
(Continued)
Page 6
1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
Plowden Investments Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
Page 7
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
-
0
Additions
1,803
At 31 March 2025
1,803
Depreciation and impairment
At 1 April 2024
-
0
Depreciation charged in the year
301
At 31 March 2025
301
Carrying amount
At 31 March 2025
1,502
At 31 March 2024
-
0
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,688
1,208
Corporation tax recoverable
-
0
1,344
Other debtors
10,301
10,863
11,989
13,415
5
Current asset investments
2025
2024
£
£
Other investments
580,000
545,000

Other investments represent amounts invested in short term deposits that have an original maturity date of no more than twelve months. The interest rate is 3.94%.

Plowden Investments Limited
Notes to the Financial Statements (Continued)
For the year ended 31 March 2025
Page 8
6
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
15,882
-
0
Other creditors
4,700
4,790
Accruals and deferred income
4,176
4,176
24,758
8,966
7
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary Shares of £1 each
100
100
8
Related party transactions

The company paid secretarial fees of £9,375 (20 2 4: £6,875) to D.W.D. Property and Investment Company Limited a company under the control of D. W. Dove Esq., a shareholder and director.

The company is owed £6,503 (20 2 4: £6,503) by Gridwain Limited, a company under common control.

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