London Plant Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08838720

London Plant Ltd

Filleted Unaudited Financial Statements

31 March 2025

London Plant Ltd

Officers and Professional Advisers

The board of directors	R Lacey
	G Lacey

Registered office	3a The Wenta Business Centre
	Colne Way
	Watford
	WD24 7ND

Accountants	Warners
	Chartered Accountants
	3a The Wenta Business Centre
	Colne Way
	Watford
	WD24 7ND

London Plant Ltd

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		15,422	20,564

Current assets

Debtors	6	137,804	175,907
Cash at bank and in hand		75,138	48,903
		---------	---------
		212,942	224,810

Creditors: amounts falling due within one year	7	36,078		56,297
		---------		---------
Net current assets			176,864	168,513
			---------	---------
Total assets less current liabilities			192,286	189,077

Provisions

Taxation including deferred tax	3,856	3,907
	---------	---------
Net assets	188,430	185,170
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	188,330	185,070
	---------	---------
Shareholders funds	188,430	185,170
	---------	---------

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 profit and loss account has not been delivered.

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

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

These financial statements were approved by the board of directors and authorised for issue on 4 December 2025 , and are signed on behalf of the board by:

R Lacey _______________ Director

Company registration number: 08838720

London Plant Ltd

Notes to the Financial Statements

Year ended 31 March 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 3a The Wenta Business Centre, Colne Way, Watford, WD24 7ND.

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. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents the value of work carried out during the year.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

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.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	25% reducing balance

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	158,250	158,250
	---------	---------
Depreciation
At 1 April 2024	137,686	137,686
Charge for the year	5,142	5,142
	---------	---------
At 31 March 2025	142,828	142,828
	---------	---------
Carrying amount
At 31 March 2025	15,422	15,422
	---------	---------
At 31 March 2024	20,564	20,564
	---------	---------

6. Debtors

	2025	2024
	£	£
Trade debtors	28,512	65,960
Prepayments and accrued income	–	155
Other debtors	109,292	109,792
	---------	---------
	137,804	175,907
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	4,257	2,298
Corporation tax	24,978	5,114
Social security and other taxes	1,109	691
Director loan accounts	5,734	48,194
	--------	--------
	36,078	56,297
	--------	--------

8. Transactions with directors

During the year dividends of £37,400 (2024: £22,000) were paid to a director. Dividends of £30,600 (2024: £18,000) were paid to another director.