Company Registration No. 14376435 (England and Wales)
The Plant Age Ltd
Unaudited accounts
for the year ended 28 February 2025
The Plant Age Ltd
Unaudited accounts
Contents
The Plant Age Ltd
Company Information
for the year ended 28 February 2025
Directors
Ms Jodi Anderson
Mr William Skinner
Company Number
14376435 (England and Wales)
Registered Office
Sliver Birch Court
The Lawns Industrial Estate
Rhymney
Tredegar
Gwent
NP22 5PW
Wales
Accountants
Beckett Taylor Limited
63-66 Hatton Garden
London
EC1N 8LE
The Plant Age Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
30,885
23,926
Cash at bank and in hand
46
5,853
Creditors: amounts falling due within one year
(228,403)
(138,241)
Net current liabilities
(224,632)
(130,407)
Net liabilities
(193,747)
(106,481)
Called up share capital
100
100
Profit and loss account
(193,847)
(106,581)
Shareholders' funds
(193,747)
(106,481)
For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by
Ms Jodi Anderson
Director
Company Registration No. 14376435
The Plant Age Ltd
Notes to the Accounts
for the year ended 28 February 2025
The Plant Age Ltd is a private company, limited by shares, registered in England and Wales, registration number 14376435. The registered office is Sliver Birch Court, The Lawns Industrial Estate, Rhymney, Tredegar, Gwent, NP22 5PW, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Expenditure on research and development is written off in the year in which it is incurred.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The Plant Age Ltd
Notes to the Accounts
for the year ended 28 February 2025
4
Tangible fixed assets
Plant & machinery
At 28 February 2025
48,523
At 28 February 2025
17,638
At 28 February 2025
30,885
At 29 February 2024
23,926
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
15,260
12,741
Taxes and social security
39
-
Other creditors
13,876
13,876
Loans from directors
185,705
109,624
7
Average number of employees
During the year the average number of employees was 2 (2024: 0).