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REGISTERED NUMBER: 10830847 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

PLAN BUILDING LIMITED

PLAN BUILDING LIMITED (REGISTERED NUMBER: 10830847)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PLAN BUILDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2025







DIRECTORS: I R Burgess
D C Salsbury





REGISTERED OFFICE: 12 Cawkell Close
Stansted
United Kingdom
Essex
CM24 8JF





REGISTERED NUMBER: 10830847 (England and Wales)





ACCOUNTANTS: THP Limited
Chartered Accountants
34-40 High Street
Wanstead
London
E11 2RJ

PLAN BUILDING LIMITED (REGISTERED NUMBER: 10830847)

BALANCE SHEET
31 OCTOBER 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,018 51,993

CURRENT ASSETS
Stocks 5 3,216,879 2,303,234
Debtors 6 16,157 8,143
Cash at bank and in hand 8,882 516
3,241,918 2,311,893
CREDITORS
Amounts falling due within one year 7 971,186 907,356
NET CURRENT ASSETS 2,270,732 1,404,537
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,318,750

1,456,530

CREDITORS
Amounts falling due after more than one
year

8

(2,304,225

)

(1,415,611

)

PROVISIONS FOR LIABILITIES 11 (9,123 ) -
NET ASSETS 5,402 40,919

CAPITAL AND RESERVES
Called up share capital 12 4 4
Retained earnings 5,398 40,915
5,402 40,919

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

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

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





I R Burgess - Director


PLAN BUILDING LIMITED (REGISTERED NUMBER: 10830847)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025


1. STATUTORY INFORMATION

Plan Building 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for services supplied, net of returns, discounts and value added taxes.

Revenue is recognised in the accounting period in which the services were rendered and relates to renovation projects and maintenance works.

Income on development projects is recognised when the property is complete and sold to third parties, until which time it is held as work in progress.

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 equipment 25% on reducing balance
Motor vehicles 25% on reducing balance

Stocks
Work in progress is valued at the lower of costs and estimated selling price less costs to sell.

Cost includes the purchase cost, labour costs and building materials associated with the development of the project.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

PLAN BUILDING LIMITED (REGISTERED NUMBER: 10830847)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2025


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 November 2024 121,944 - 121,944
Additions - 15,000 15,000
Disposals (12,000 ) - (12,000 )
At 31 October 2025 109,944 15,000 124,944
DEPRECIATION
At 1 November 2024 69,951 - 69,951
Charge for year 12,999 2,812 15,811
Eliminated on disposal (8,836 ) - (8,836 )
At 31 October 2025 74,114 2,812 76,926
NET BOOK VALUE
At 31 October 2025 35,830 12,188 48,018
At 31 October 2024 51,993 - 51,993

5. STOCKS
2025 2024
£    £   
Work-in-progress 3,216,879 2,303,234

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 8,947 -
VAT 3,094 2,623
Prepayments 4,116 5,520
16,157 8,143

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts (see note 9) 6,229 6,364
Trade creditors 71,557 54,087
Amounts owed to group undertakings 859,670 830,000
Corporation tax 8,661 3,818
Social security and other taxes 17,819 5,087
Accrued expenses 7,250 8,000
971,186 907,356

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans (see note 9) 816,163 27,340
Other creditors 100,000 100,000
Directors' loan accounts 1,388,062 1,288,271
2,304,225 1,415,611

A bank loan is supported and secured by the UK Government's Coronavirus Business Interruption Loan Scheme (CBILS). Interest will be charged at 2.5% above base rate and the balance is repayable over 60 months with the first payment due 12 months after inception.
The loan from Peninsula is secured with a personal guarantee from directors and pay interest at variable rates.

PLAN BUILDING LIMITED (REGISTERED NUMBER: 10830847)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2025


9. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank loans - less than 1 year 6,229 6,364

Amounts falling due between two and five years:
Bank loans - 2-5 years 816,163 27,340

10. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 822,392 33,704

The bank loan is secured with a personal guarantee from the directors of the company.

11. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Accelerated capital allowances 9,123 -

Deferred
tax
£   
Provided during year 9,123
Balance at 31 October 2025 9,123

12. CALLED UP SHARE CAPITAL

Share Capital

At 31 October 2025, the issued share capital of the Company comprised:

Class of Share Number issued Nominal value per Share Total Nominal Value
Ordinary A 2 £1 £2
Ordinary B 2 £1 £2

All issued shares are fully paid. Ordinary shares carry equal rights to dividends, voting, and capital distribution.

13. RELATED PARTY DISCLOSURES

At the balance sheet date £1,388,062 (2024: £1,288,271) was owed to the directors on their joint loan to the
company. The loan is repayable on demand and interest has been charged on this loan of £3,306 (2024: £6,612).

At the balance sheet date £800,000 (2024: £800,000) was owed to a related company, IMT Aviation Limited.

At the balance sheet date £59,670 (2024: £30,000) was owed to a related company, CBA Cawkell Limited. This loan is interest free and repayable on demand.