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Company Registration No. 4243309 (England and Wales)
Plain Sailing Communications Limited Unaudited accounts for the year ended 31 October 2025
Plain Sailing Communications Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Plain Sailing Communications Limited Company Information for the year ended 31 October 2025
Directors
Mr M C Hart Mrs G Cooper
Company Number
4243309 (England and Wales)
Registered Office
15 SYCAMORE CLOSE EASTBOURNE EAST SUSSEX BN22 0SJ
Accountants
TMW Accounting Ltd, Chartered Accountants Lanesend Jordans Lane Sway Lymington Hampshire SO41 6AR
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Plain Sailing Communications Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
5,842
6,805
Current assets
Debtors
5
55,922
54,978
Cash at bank and in hand
3,508
51
59,430
55,029
Creditors: amounts falling due within one year
6
(31,871)
(41,255)
Net current assets
27,559
13,774
Total assets less current liabilities
33,401
20,579
Creditors: amounts falling due after more than one year
7
-
(2,708)
Net assets
33,401
17,871
Capital and reserves
Called up share capital
100
100
Profit and loss account
33,301
17,771
Shareholders' funds
33,401
17,871
For the year ending 31 October 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 20 May 2026 and were signed on its behalf by
Mrs G Cooper Director Company Registration No. 4243309
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Plain Sailing Communications Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Plain Sailing Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 4243309. The registered office is 15 SYCAMORE CLOSE, EASTBOURNE, EAST SUSSEX, BN22 0SJ.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
40% net book value
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Plain Sailing Communications Limited Notes to the Accounts for the year ended 31 October 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 November 2024
33,793
Additions
385
At 31 October 2025
34,178
Depreciation
At 1 November 2024
26,988
Charge for the year
1,348
At 31 October 2025
28,336
Net book value
At 31 October 2025
5,842
At 31 October 2024
6,805
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
4,110
3,037
Amounts due from group undertakings etc.
50,815
50,815
Other debtors
997
1,126
55,922
54,978
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
16,477
19,084
Trade creditors
8,110
13,881
Taxes and social security
2,033
1,439
Other creditors
4,588
6,188
Loans from directors
663
663
31,871
41,255
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
-
2,708
8
Transactions with related parties
Mrs G Cooper, a director of the company, has personally guaranteed the company's overdraft facility of £25,000.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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