REGISTERED NUMBER: 14262252 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

PLAS MAENAN VENUE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Guy

S A Gilchrist

REGISTERED OFFICE:

Fairway House

Portland Road

East Grinstead

West Sussex

RH19 4ET

REGISTERED NUMBER:

14262252 (England and Wales)

ACCOUNTANTS:

Bentleys Accounting Limited

5 Hazelgrove Road

Haywards Heath

West Sussex

RH16 3PH

FIXED ASSETS

Tangible assets

4

24,101

20,554

CURRENT ASSETS

Stocks

6,327

4,649

Debtors

5

6,600

100

Cash at bank

41,098

5,605

54,025

10,354

CREDITORS

Amounts falling due within one year

6

208,263

83,764

NET CURRENT LIABILITIES

(154,238

)

(73,410

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(130,137

)

(52,856

)

CREDITORS

Amounts falling due after more than one year

7

958,233

680,082

NET LIABILITIES

(1,088,370

)

(732,938

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,088,470

)

(733,038

)

(1,088,370

)

(732,938

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2025 and were signed on its behalf by:

S A Gilchrist - Director

1.	STATUTORY INFORMATION

PLAS MAENAN VENUE LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

not provided

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1 April 2024

19,340

1,499

20,839

Additions

-

3,988

3,988

At 31 March 2025

19,340

5,487

24,827

DEPRECIATION

At 1 April 2024

-

285

285

Charge for year

-

441

441

At 31 March 2025

-

726

726

NET BOOK VALUE

At 31 March 2025

19,340

4,761

24,101

At 31 March 2024

19,340

1,214

20,554

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

6,600

100

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

158,437

27,498

Social security and other taxes

6,859

9,240

VAT

39,337

41,334

Accrued expenses

3,630

5,692

208,263

83,764

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to participating interests

958,233

680,082

8.	RELATED PARTY DISCLOSURES

LOANS TO ASSOCIATED COMPANIES

During the year the company made various loans to and from various associated companies. These are shown within the Financial Statements as 'Amounts owed to and from participating interests'.

During the Year Management Charges are charged from associated companies on a commercial basis.

9.	ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party is "Gilchrist Holdings Ltd" company number 14268557.