REGISTERED NUMBER: 02532176 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

SELECTPLAN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Philip Silkstone

Mark Silkstone

REGISTERED OFFICE:

2 Barrowby Lane

Garforth

Leeds

West Yorkshire

LS25 1NG

REGISTERED NUMBER:

02532176 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

1 Valley Court

Canal Road

Bradford

West Yorkshire

BD1 4SP

FIXED ASSETS

Tangible assets

4

47,298

42,362

CURRENT ASSETS

Stocks

7,796

9,100

Debtors

5

285,442

296,821

Cash at bank

579,111

516,276

872,349

822,197

CREDITORS

Amounts falling due within one year

6

130,875

133,167

NET CURRENT ASSETS

741,474

689,030

TOTAL ASSETS LESS CURRENT LIABILITIES

788,772

731,392

CAPITAL AND RESERVES

Called up share capital

5,000

5,000

Profit and loss account

783,772

726,392

788,772

731,392

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Profit and loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2026 and were signed on its behalf by:

Philip Silkstone - Director

Mark Silkstone - Director

1.	STATUTORY INFORMATION

Selectplan 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.

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss, 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.

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.

Income recognition

Income is recognised when goods have been delivered to customers such that the risks and rewards of ownership have tranferred to them.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 September 2024

20,867

16,969

78,870

116,706

Additions

647

649

22,373

23,669

Disposals

-

-

(6,995

)

(6,995

)

At 31 August 2025

21,514

17,618

94,248

133,380

DEPRECIATION

At 1 September 2024

18,993

13,883

41,468

74,344

Charge for year

638

939

14,206

15,783

Eliminated on disposal

-

-

(4,045

)

(4,045

)

At 31 August 2025

19,631

14,822

51,629

86,082

NET BOOK VALUE

At 31 August 2025

1,883

2,796

42,619

47,298

At 31 August 2024

1,874

3,086

37,402

42,362

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

193,337

204,642

Other debtors

92,105

92,179

285,442

296,821

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

30,600

26,943

Taxation and social security

54,918

61,714

Other creditors

45,357

44,510

130,875

133,167

7.	RELATED PARTY DISCLOSURES

Included in debtors due within one year was an interest free loan of £83,452 (2024: £83,452) due from a company in which the directors have an interest.

8.	PENSION COSTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension costs represents contributions payable by the company to the fund and amounted to £52,125 (2024: £52,231). Contributions totalling £117 (2024: £503) were payable to the fund at the year end and are included in the creditors.