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Company Registration No. 8937961 (England and Wales)
PLASCOM TWO LIMITED Unaudited accounts for the year ended 31 March 2025
PLASCOM TWO LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
PLASCOM TWO LIMITED Company Information for the year ended 31 March 2025
Directors
Upkar Singh Sandhu Amrit Singh Sawan
Company Number
8937961 (England and Wales)
Registered Office
C/O MNSK CHARTERED ACCOUNTANTS 206 ROBIN HALL GREEN BIRMINGHAM B28 0LG ENGLAND
Accountants
MNSK LTD 206 Robin Hood Lane Hall Green Birmingham West Midlands B28 0LG
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PLASCOM TWO LIMITED Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,581,060 
3,343,297 
Current assets
Cash at bank and in hand
148,139 
229,106 
Creditors: amounts falling due within one year
5
(1,038,790)
(947,620)
Net current liabilities
(890,651)
(718,514)
Total assets less current liabilities
2,690,409 
2,624,783 
Creditors: amounts falling due after more than one year
6
(2,069,297)
(2,035,364)
Provisions for liabilities
Deferred tax
(50,916)
(50,916)
Net assets
570,196 
538,503 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
415,992 
415,992 
Profit and loss account
154,104 
122,411 
Shareholders' funds
570,196 
538,503 
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. 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 23 September 2025 and were signed on its behalf by
Upkar Singh Sandhu Director Company Registration No. 8937961
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PLASCOM TWO LIMITED Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
PLASCOM TWO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8937961. The registered office is C/O MNSK CHARTERED ACCOUNTANTS 206 ROBIN, HALL GREEN, BIRMINGHAM, B28 0LG, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 31 March 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
3,343,184 
907 
3,344,091 
Additions
237,791 
- 
237,791 
At 31 March 2025
3,580,975 
907 
3,581,882 
Depreciation
At 1 April 2024
- 
794 
794 
Charge for the year
- 
28 
28 
At 31 March 2025
- 
822 
822 
Net book value
At 31 March 2025
3,580,975 
85 
3,581,060 
At 31 March 2024
3,343,184 
113 
3,343,297 
- 5 -
PLASCOM TWO LIMITED Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
529 
540 
Trade creditors
18,314 
22,363 
Taxes and social security
18,701 
10,951 
Other creditors
20,000 
- 
Loans from directors
981,246 
913,766 
1,038,790 
947,620 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
2,029,297 
2,035,364 
Accruals
40,000 
- 
2,069,297 
2,035,364 
7
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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