PLACE2BE TRADING LIMITED

Company Registration Number:
12269387 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

PLACE2BE TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

PLACE2BE TRADING LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks: 0 0
Debtors:   20,575 10,000
Cash at bank and in hand: 32,475 6,404
Investments:   0 0
Total current assets: 53,050 16,404
Creditors: amounts falling due within one year: 3 (52,050) (15,404)
Net current assets (liabilities): 1,000 1,000
Total assets less current liabilities: 1,000 1,000
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,000 1,000
Capital and reserves
Called up share capital: 1,000 1,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 0 0
Shareholders funds: 1,000 1,000

The notes form part of these financial statements

PLACE2BE TRADING LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 November 2025
and signed on behalf of the board by:

Name: Nicholas Herod
Status: Director

The notes form part of these financial statements

PLACE2BE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PLACE2BE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 0 0

PLACE2BE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

Trade creditors 4802 owed to group 15018 accruals 32230

PLACE2BE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Changes in presentation and prior period adjustments

A management charge of £2,400 to Place2Be Trading Limited from its parent Place2Be for services provided was omitted from the 2024 financial statements. As this error is considered material to the financial statements of Place2Be Trading Limited, a prior period adjustment has been made. This has resulted in an increase of expenses with a corresponding increase in the amount due to the parent in 2024 reflected within trade creditors in the comparative results in the 2025 financial statements. As a result, the accrued Gift Aid donation payable to the parent has been reduced by £2,400 accordingly to match the revised taxable profits for the year, in accordance with the operative provisions set out within the Deed of Covenant between the Charity and the Company.

PLACE2BE TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Related party transactions

A management charge of £2,400 to Place2Be Trading Limited from its parent Place2Be for services provided was omitted from the 2024 financial statements. As this error is considered material to the financial statements of Place2Be Trading Limited, a prior period adjustment has been made. This has resulted in an increase of expenses with a corresponding increase in the amount due to the parent in 2024 reflected within trade creditors in the comparative results in the 2025 financial statements. As a result, the accrued Gift Aid donation payable to the parent has been reduced by £2,400 accordingly to match the revised taxable profits for the year, in accordance with the operative provisions set out within the Deed of Covenant between the Charity and the Company.