| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| PLANNING SOLUTIONS LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| PLANNING SOLUTIONS LIMITED |
| PLANNING SOLUTIONS LIMITED (REGISTERED NUMBER: 03138503) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Chartered Accountants' Report | 10 |
| PLANNING SOLUTIONS LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Chilworth Point |
| 1 Chilworth Road |
| Southampton |
| Hampshire |
| SO16 7JQ |
| PLANNING SOLUTIONS LIMITED (REGISTERED NUMBER: 03138503) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
9 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 12 |
| Retained earnings | 12 | ( |
) |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| PLANNING SOLUTIONS LIMITED (REGISTERED NUMBER: 03138503) |
| BALANCE SHEET - continued |
| 31 MARCH 2025 |
| The financial statements were approved by the director and authorised for issue on |
| PLANNING SOLUTIONS LIMITED (REGISTERED NUMBER: 03138503) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Planning Solutions Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| BASIS OF PREPARING THE FINANCIAL STATEMENTS |
| PREPARATION OF CONSOLIDATED FINANCIAL STATEMENTS |
| The financial statements contain information about Planning Solutions Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| REVENUE RECOGNITION |
| Turnover is the amount derived from the provision of leisure activities and property development, and is stated net of VAT and recognised as follows: |
| Revenue for admissions is recognised at the date of entry. Revenue from sales of pre-paid tickets through third party discount websites are deferred until the payment is received. |
| Retail and catering revenue is recognised when the goods or services are supplied. |
| Deposits from letting of bedroom and suite accommodation are recognised as sales when payments are received. Room sales are also recognised as the customer uses the booked room. |
| Revenue from property development is recognised when completion occurs, as no property is being developed under an existing sales contract no revenue is recognised until the exchange of contracts at completion. |
| TANGIBLE FIXED ASSETS |
| Long leasehold | - |
| Improvements to property | - |
| Plant and machinery | - |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost included expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. |
| The assets' residual values, useful lives and depreciation methods are reviewed and if appropriate are adjusted if there is an indication of a significant change since the last reporting date. |
| Mr M Stickland, the director of the company, ensures that the long leasehold property is included in the balance sheet at its open market value. The value of property is determined in accordance with land registry research carried out by Mr M Stickland. |
| INVESTMENTS IN SUBSIDIARIES |
| Investments in subsidiary undertakings are measured at cost less impairments. |
| INVESTMENT PROPERTY |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| Mr M Stickland, the director of the company, ensures that the investment properties held are included in the balance sheet at their open market value. The value of property is determined in accordance with land registry research carried out by Mr M Stickland. |
| PLANNING SOLUTIONS LIMITED (REGISTERED NUMBER: 03138503) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| STOCK AND WORK IN PROGRESS |
| Stocks of consumables for leisure activities are valued at the lower of cost and net realisable value. Cost is computed on a first in first out basis. The cost of work in progress includes all production overheads and the attributable proportion of indirect overheads based on the normal level of activity. Net realisable value is based on estimated selling price less the estimated cost of disposal. |
| Work in progress represents the value of works undertaken to develop property for sale, and is reported at cost less any impairments. |
| TAXATION |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| DEFERRED TAX |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| LEASES AND HIRE PURCHASE CONTRACTS |
| Assets obtained under hire purchase contracts are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. |
| The interest element of these obligations is charged to the profit or loss on a straight line basis over the relevant period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS |
| The company makes contributions into a recognised UK defined contribution scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Obligations for contributions to defined contribution pension schemes are recognised as an expense in the profit and loss account in the periods during which services are rendered by employees. |
| SHORT TERM DEBTORS AND CREDITORS |
| Short-term debtors are recognised at the transaction price, less any provision for doubtful debts. A provision is made when there is objective evidence that the company will not be able to collect all amounts due. Debtors are reviewed regularly and any irrecoverable balances are written off when identified. |
| Short-term creditors are recognised at the transaction price. Liabilities are recorded when goods or services are received, and payment is due within one year. Creditors are reviewed periodically to ensure accuracy and completeness. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| PLANNING SOLUTIONS LIMITED (REGISTERED NUMBER: 03138503) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements |
| Freehold | Long | to | Plant and |
| property | leasehold | property | machinery |
| £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 April 2024 |
| Additions |
| Disposals |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| Eliminated on disposal |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 April 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| Cost or valuation at 31 March 2025 is represented by: |
| Improvements |
| Freehold | Long | to | Plant and |
| property | leasehold | property | machinery |
| £ | £ | £ | £ |
| Valuation in 2018 | - | 19,787 | - | - |
| Valuation in 2020 | - | 70,922 | - | - |
| Valuation in 2022 | - | 110,674 | - | - |
| Cost | 800 | 808,569 | 806,937 | 3,550,723 |
| 800 | 1,009,952 | 806,937 | 3,550,723 |
| PLANNING SOLUTIONS LIMITED (REGISTERED NUMBER: 03138503) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 4. | TANGIBLE FIXED ASSETS - continued |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| Valuation in 2018 | - | - | - | 19,787 |
| Valuation in 2020 | - | - | - | 70,922 |
| Valuation in 2022 | - | - | - | 110,674 |
| Cost | 685,053 | 26,245 | 162,639 | 6,040,966 |
| 685,053 | 26,245 | 162,639 | 6,242,349 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Plant and |
| machinery |
| £ |
| COST OR VALUATION |
| At 1 April 2024 |
| and 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| and 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group | Other |
| undertakings | investments | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2024 | 725 |
| Additions | 405,000 |
| At 31 March 2025 | 405,725 |
| NET BOOK VALUE |
| At 31 March 2025 | 405,725 |
| At 31 March 2024 | 725 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 April 2024 |
| Disposals | ( |
) |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| PLANNING SOLUTIONS LIMITED (REGISTERED NUMBER: 03138503) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Prepayments and accrued income |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts (see note 10) |
| Trade creditors |
| Burton Bridge loan | 377,177 | - |
| Social security and other taxes |
| VAT | 233,791 | 175,384 |
| Other creditors and payments |
| on account |
| Directors' current accounts | 768,553 | 784,771 |
| Deferred income |
| Accrued expenses |
| The director's current account is repayable on demand and no interest is being charged on this balance. |
| 9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans more 5 yrs |
| non-installments | 243,379 | 306,022 |
| Hire purchase contracts (see note 10) |
| Other creditors |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 yrs |
| non-installments |
| Within other creditors repayable after more than one year is a loan of £207,363 (2024: £164,810) from the Company's Small Self - Administered Pension Scheme of which a director is a member. |
| PLANNING SOLUTIONS LIMITED (REGISTERED NUMBER: 03138503) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 10. | LEASING AGREEMENTS |
| Minimum lease payments fall due as follows: |
| Hire purchase |
| contracts |
| 2025 | 2024 |
| £ | £ |
| Net obligations repayable: |
| Within one year |
| Between one and five years |
| Non-cancellable |
| operating leases |
| 2025 | 2024 |
| £ | £ |
| Within one year |
| 11. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Hire purchase contracts | 48,456 | 53,942 |
| The secured loans above are in the form of both a fixed charge with respect to the long leasehold property and a floating charge over the assets of the company, the director has also provided a personal guarantee to the value of £350,000. The hire purchase debts are secured against the assets to which they relate. |
| 12. | RESERVES |
| Fair |
| Retained | value |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 April 2024 | 463,132 |
| Deficit for the year | ( |
) | ( |
) |
| Transfer of non-distributable reserves |
40,751 |
(40,751 |
) |
- |
| At 31 March 2025 | ( |
) | 115,811 |
| Retained earnings show the net value of accumulated gains and losses. |
| The fair value reserve shows accumulated unrealised gains on assets. |
| 13. | CAPITAL COMMITMENTS |
| 2025 | 2024 |
| £ | £ |
| Contracted but not provided for in the |
| financial statements |
| 14. | PENSION COMMITMENTS |
| The company operates a defined contribution pension scheme, the assets of which are held separately from |
| those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £8,890 (2024: £29,907) were due to the pension fund. They are included in other creditors due within one year. |
| CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR |
| ON THE UNAUDITED FINANCIAL STATEMENTS OF |
| PLANNING SOLUTIONS LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Planning Solutions Limited for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the director of Planning Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Planning Solutions Limited and state those matters that we have agreed to state to the director of Planning Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Planning Solutions Limited and its director for our work or for this report. |
| It is your duty to ensure that Planning Solutions 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 loss of Planning Solutions Limited. You consider that Planning Solutions 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 Planning Solutions 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. |
| Chartered Accountants |
| Chilworth Point |
| 1 Chilworth Road |
| Southampton |
| Hampshire |
| SO16 7JQ |
| Date: ............................................. |