REGISTERED NUMBER: 11896030 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Plum-Mex Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs N Martinez

J B Martinez

REGISTERED OFFICE:

Unit 12 Mill Lane

Crondall

Farnham

United Kingdom

GU10 5RX

REGISTERED NUMBER:

11896030 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

259,871

315,006

259,871

315,006

CURRENT ASSETS

Stocks

58,000

115,000

Debtors

6

2,112

6,190

Cash at bank

42,850

-

102,962

121,190

CREDITORS

Amounts falling due within one year

7

221,542

226,562

NET CURRENT LIABILITIES

(118,580

)

(105,372

)

TOTAL ASSETS LESS CURRENT LIABILITIES

141,291

209,634

CREDITORS

Amounts falling due after more than one year

8

(84,596

)

(151,238

)

PROVISIONS FOR LIABILITIES

11

(25,608

)

(30,213

)

NET ASSETS

31,087

28,183

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

30,987

28,083

SHAREHOLDERS' FUNDS

31,087

28,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2026 and were signed on its behalf by:

Mrs N Martinez - Director

1.	STATUTORY INFORMATION

Plum-Mex 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five 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.

Leasehold Improvements

-

5% on cost

Plant and machinery

-

25% on cost

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% 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.

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

10,000

AMORTISATION

At 1 April 2025

and 31 March 2026

10,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Leasehold

Plant and

Motor

Computer

Improvements

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

185,123

16,480

214,294

14,810

430,707

Additions

-

-

-

2,077

2,077

Disposals

-

-

(33,717

)

-

(33,717

)

At 31 March 2026

185,123

16,480

180,577

16,887

399,067

DEPRECIATION

At 1 April 2025

18,512

13,447

68,932

14,810

115,701

Charge for year

9,256

1,619

24,116

686

35,677

Eliminated on disposal

-

-

(12,182

)

-

(12,182

)

At 31 March 2026

27,768

15,066

80,866

15,496

139,196

NET BOOK VALUE

At 31 March 2026

157,355

1,414

99,711

1,391

259,871

At 31 March 2025

166,611

3,033

145,362

-

315,006

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

2,112

1,121

Other debtors

-

5,069

2,112

6,190

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

9,702

57,700

Hire purchase contracts (see note 9)

49,158

22,223

Trade creditors

59,689

65,089

Taxation and social security

81,458

46,868

Other creditors

21,535

34,682

221,542

226,562

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

43,667

53,369

Hire purchase contracts (see note 9)

40,929

97,869

84,596

151,238

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

22,849

28,455

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.26

31.3.25

£

£

Net obligations repayable:

Within one year

49,158

22,223

Between one and five years

40,929

97,869

90,087

120,092

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

53,369

88,636

Hire purchase contracts

90,087

120,092

143,456

208,728

There are fixed and floating charges over the undertaking and all property and assets present and future including goodwill, book debts, uncalled capital, buildings, fixtures and fixed plant and machinery.

11.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

25,608

30,213

Deferred

tax

£

Balance at 1 April 2025

30,213

Accelerated capital allowances

(4,605

)

Balance at 31 March 2026

25,608

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

100

Ordinary Share

£1

100

100