REGISTERED NUMBER: 09655027 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Plobato Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Lobato

REGISTERED OFFICE:

C/O Citycas Ltd, 540, 5th Floor

Linen Hall

162 - 168 Regent Street

London

W1B 5TF

REGISTERED NUMBER:

09655027 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Intangible assets

4

137,556

161,831

Tangible assets

5

101,716

120,897

239,272

282,728

CURRENT ASSETS

Stocks

6,500

6,500

Cash at bank

67,683

52,519

74,183

59,019

CREDITORS

Amounts falling due within one year

6

(135,063

)

(136,017

)

NET CURRENT LIABILITIES

(60,880

)

(76,998

)

TOTAL ASSETS LESS CURRENT LIABILITIES

178,392

205,730

CREDITORS

Amounts falling due after more than one year

7

(20,375

)

(49,818

)

NET ASSETS

158,017

155,912

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

157,917

155,812

SHAREHOLDERS' FUNDS

158,017

155,912

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 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.

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 director and authorised for issue on 11 November 2025 and were signed by:

P Lobato - Director

1.	STATUTORY INFORMATION

Plobato Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

10% on cost

Computer equipment

-

25% on cost

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.

Hire purchase and leasing commitments

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 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 6 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

242,746

AMORTISATION

At 1 April 2024

80,915

Charge for year

24,275

At 31 March 2025

105,190

NET BOOK VALUE

At 31 March 2025

137,556

At 31 March 2024

161,831

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

183,641

DEPRECIATION

At 1 April 2024

62,744

Charge for year

19,181

At 31 March 2025

81,925

NET BOOK VALUE

At 31 March 2025

101,716

At 31 March 2024

120,897

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

11,651

12,943

Hire purchase contracts

9,925

9,925

Taxation and social security

27,373

21,704

Other creditors

86,114

91,445

135,063

136,017

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

11,277

30,794

Hire purchase contracts

9,098

19,024

20,375

49,818

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,512

5,457

In 2020, the Company took advantage of a Bounce Back loan of £50,000 from Royal Bank of Scotland. The loan is 100% backed by HM Government.

In 2020, the Company received a loan of £194,880 from Lloyds Bank plc. The loan is secured by a debenture and a mortgage which remain outstanding at the year end.

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £37,700 (2024 - £37,700) were paid to the director .

At the year end the company owed the Director £71,958 (2024 - £78,568).