Company Registration No. 03082864 (England and Wales)
PLCI LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
PLCI LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
PLCI LIMITED
Company Registration No. 03082864
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
9,164
-
0
Current assets
Stocks
2,397,404
-
Debtors
4
78,141
-
0
Cash at bank and in hand
56,053
-
0
2,531,598
-
0
Creditors: amounts falling due within one year
5
(472,355)
-
0
Net current assets
2,059,243
-
0
Total assets less current liabilities
2,068,407
-
0
Creditors: amounts falling due after more than one year
6
(2,323,568)
-
0
Net liabilities
(255,161)
-
0
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
(255,261)
(100)
Total equity
(255,161)
-
0

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

PLCI LIMITED
Company Registration No. 03082864
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2025
30 June 2025
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 23 June 2026
Mr B Kang
Director
PLCI LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

PLCI Limited is a private company limited by shares incorporated in England and Wales. The registered office is 20 Market Place, Kingston Upon Thames, Surrey, England, KT1 1JP.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
25% on cost
Computers
25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

PLCI LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

PLCI LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2024
-
0
Additions
10,508
At 30 June 2025
10,508
Depreciation and impairment
At 1 July 2024
-
0
Depreciation charged in the year
1,344
At 30 June 2025
1,344
Carrying amount
At 30 June 2025
9,164
At 30 June 2024
-
0
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1
-
0
Other debtors
78,140
-
0
78,141
-
0
PLCI LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 6 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
173,563
-
0
Other creditors
298,792
-
0
472,355
-
0
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
2,323,568
-
0
7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
8
Related party transactions

The amount due from companies under the same control as PLCI Limited amounted to £35,898 at 30 June 2025 (2024 - £0).

The amount due to companies under the same control as PLCI Limited amounted to £282,257 at 30 June 2025 (2024 - £0).

2025-06-30 2024-07-01 false false true 23 June 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr B Kang 03082864 2024-07-01 2025-06-30 03082864 2025-06-30 03082864 2024-06-30 03082864 core:OtherPropertyPlantEquipment 2025-06-30 03082864 core:OtherPropertyPlantEquipment 2024-06-30 03082864 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 03082864 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 03082864 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 03082864 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 03082864 core:CurrentFinancialInstruments 2025-06-30 03082864 core:CurrentFinancialInstruments 2024-06-30 03082864 core:ShareCapital 2025-06-30 03082864 core:ShareCapital 2024-06-30 03082864 core:RetainedEarningsAccumulatedLosses 2025-06-30 03082864 core:RetainedEarningsAccumulatedLosses 2024-06-30 03082864 core:ShareCapitalOrdinaryShareClass1 2025-06-30 03082864 core:ShareCapitalOrdinaryShareClass1 2024-06-30 03082864 bus:Director1 2024-07-01 2025-06-30 03082864 2023-07-01 2024-06-30 03082864 core:OtherPropertyPlantEquipment 2024-06-30 03082864 core:OtherPropertyPlantEquipment 2024-07-01 2025-06-30 03082864 core:Non-currentFinancialInstruments 2025-06-30 03082864 core:Non-currentFinancialInstruments 2024-06-30 03082864 bus:OrdinaryShareClass1 2024-07-01 2025-06-30 03082864 bus:OrdinaryShareClass1 2025-06-30 03082864 bus:OrdinaryShareClass1 2024-06-30 03082864 bus:EntityNoLongerTradingButTradedInPast 2024-07-01 2025-06-30 03082864 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 03082864 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 03082864 bus:FRS102 2024-07-01 2025-06-30 03082864 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 03082864 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP