General Information
T. H. Plumridge Limited is a private company, limited by shares, registered in , registration number 00535154, registration address Chawley Manor Farm, Bottom Lane, West Wycombe, Buckinghamshire, HP14 4BS.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
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.
Deferred taxation
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.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Plant and Machinery |
25% Reducing Balance
|
| Fixtures and Fittings |
25% Reducing Balance
|
| Computer Equipment |
25% Reducing Balance
|
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees
Average number of employees during the year was 1 (2024 : 2).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
| At 01 November 2024 |
5,001 |
|
1,244 |
|
5,828 |
|
12,073 |
| Additions |
- |
|
- |
|
577 |
|
577 |
| Disposals |
- |
|
- |
|
- |
|
- |
| At 31 October 2025 |
5,001 |
|
1,244 |
|
6,405 |
|
12,650 |
| Depreciation |
| At 01 November 2024 |
2,861 |
|
1,213 |
|
5,616 |
|
9,690 |
| Charge for year |
535 |
|
8 |
|
53 |
|
596 |
| On disposals |
- |
|
- |
|
- |
|
- |
| At 31 October 2025 |
3,396 |
|
1,221 |
|
5,669 |
|
10,286 |
| Net book values |
| Closing balance as at 31 October 2025 |
1,605 |
|
23 |
|
736 |
|
2,364 |
| Opening balance as at 01 November 2024 |
2,140 |
|
31 |
|
212 |
|
2,383 |
|
| 4. |
Investments
| Cost |
Other investments other than loans |
|
Total |
| |
£ |
|
£ |
| At 01 November 2024 |
3,354,482 |
|
3,354,482 |
| Additions |
29,348 |
|
29,348 |
| Disposals |
(892,862) |
|
(892,862) |
| Revaluations |
348,242 |
|
348,242 |
| At 31 October 2025 |
2,839,210 |
|
2,839,210 |
The historical cost of the investment property was £1,821,710.
|
| 5. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Prepayments & Accrued Income |
436,237 |
|
0 |
|
436,237 |
|
0 |
|
| 6. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade Creditors |
0 |
|
1 |
| Corporation Tax |
83,886 |
|
30,553 |
| PAYE & Social Security |
0 |
|
1,314 |
| Accrued Expenses |
6,300 |
|
6,000 |
| Other Creditors |
750 |
|
750 |
| Directors' Current Accounts |
52,827 |
|
673,872 |
|
143,763 |
|
712,490 |
|
| 7. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred Tax |
75,207 |
|
596 |
|
75,207 |
|
596 |
|
| 8. |
Fair Value Reserves
|
2025
£ |
|
2024
£ |
| Fair Value Reserve b/fwd |
169,258 |
|
169,258 |
| Transfer from Profit and Loss Account |
273,626 |
|
0 |
|
442,884 |
|
169,258 |
|
|
Ms Sarah Plumridge
| Particulars |
|
2025
£ |
|
2024
£ |
| Opening Balance |
|
(673,872) |
|
(52,564) |
| Advances to director |
|
625,045 |
|
808,637 |
| Repayments by director |
|
(4,000) |
|
(1,429,945) |
| Closing Balance |
|
(52,827) |
|
(673,872) |
The loan is interest free with no fixed date of repayment.
|
3
|