Custom Planet Limited 31/10/2025 iXBRL

Company registration number: 06722046

Custom Planet Limited

Unaudited abridged financial statements

31 October 2025

Custom Planet Limited

Contents

Directors and other information

Directors report

Accountants report

Abridged statement of comprehensive income

Abridged statement of financial position

Statement of changes in equity

Notes to the financial statements

Custom Planet Limited

Directors and other information


	Directors	John Armstrong
		Andrew Dark


	Company number	06722046


	Registered office	Unit 7 Strand Business Centre
		Mylord Crescent Camperdown Industrial Estate
		Killingworth
		NE12 5UJ


	Business address	Unit 7 Strand Business Centre
		Mylord Crescent
		Camperdown Industrial Estate
		Killingworth
		NE12 5UJ


	Accountants	TR Dixon & Co Ltd
		Chartered Certified Accountants
		Statutory Auditors
		Bermuda House
		1A Dinsdale Place
		Newcastle upon Tyne
		NE2 1BD




	Bankers	HSBC Bank Plc

Custom Planet Limited

Directors report

Year ended 31 October 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 October 2025.

Directors

The directors who served the company during the year were as follows:

John Armstrong

Andrew Dark

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 31 July 2026 and signed on behalf of the board by:

John Armstrong

Director

Custom Planet Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Custom Planet Limited

Year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Custom Planet Limited for the year ended 31 October 2025 which comprise the abridged statement of comprehensive income, abridged statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements.

This report is made solely to the board of directors of Custom Planet Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Custom Planet Limited and state those matters that we have agreed to state to the board of directors of Custom Planet Limited as a body, in this report in accordance with the ACCA to the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Custom Planet Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Custom Planet Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Custom Planet Limited. You consider that Custom Planet Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Custom Planet Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

TR Dixon & Co Ltd

Chartered Certified Accountants

Statutory Auditors

Bermuda House

1A Dinsdale Place

Newcastle upon Tyne

NE2 1BD

31 July 2026

Custom Planet Limited

Abridged statement of comprehensive income

Year ended 31 October 2025

		2025	2024
	Note	£	£

Gross profit		650,481	692,771

Administrative expenses		( 607,431)	( 596,408)
		_______	_______
Operating profit		43,050	96,363

Other interest receivable and similar income		5,791	-
Interest payable and similar expenses		( 30,086)	( 17,459)
		_______	_______
Profit before taxation	5	18,755	78,904

Tax on profit		( 10,663)	( 35,690)
		_______	_______
Profit for the financial year and total comprehensive income		8,092	43,214
		_______	_______

All the activities of the company are from continuing operations.

Custom Planet Limited

Abridged statement of financial position

31 October 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	6	342,738		377,825
		_______		_______
			342,738		377,825

Current assets
Stocks		195,979		185,752
Debtors		403,843		413,267
Cash at bank and in hand		26,212		69,476
		_______		_______
		626,034		668,495
Creditors: amounts falling due
within one year		( 581,461)		( 605,168)
		_______		_______
Net current assets			44,573		63,327
			_______		_______
Total assets less current liabilities			387,311		441,152

Creditors: amounts falling due
after more than one year			( 256,659)		( 258,592)

Provisions for liabilities			( 33,289)		( 33,289)

			_______		_______
Net assets			97,363		149,271
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			97,263		149,171
			_______		_______
Shareholders funds			97,363		149,271
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

All of the members have consented to the preparation of the abridged statement of comprehensive income and the abridged statement of financial position for the current year ending 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements were approved by the board of directors and authorised for issue on 31 July 2026 , and are signed on behalf of the board by:

John Armstrong

Director

Company registration number: 06722046

Custom Planet Limited

Statement of changes in equity

Year ended 31 October 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 November 2023	100	193,957	194,057

Profit for the year		43,214	43,214
	_______	_______	_______
Total comprehensive income for the year	-	43,214	43,214

Dividends paid and payable		( 88,000)	( 88,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 88,000)	( 88,000)

	_______	_______	_______
At 31 October 2024 and 1 November 2024	100	149,171	149,271

Profit for the year		8,092	8,092
	_______	_______	_______
Total comprehensive income for the year	-	8,092	8,092

Dividends paid and payable		( 60,000)	( 60,000)
	_______	_______	_______
Total investments by and distributions to owners	-	( 60,000)	( 60,000)

	_______	_______	_______
At 31 October 2025	100	97,263	97,363
	_______	_______	_______

Custom Planet Limited

Notes to the financial statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 7 Strand Business Centre, Mylord Crescent Camperdown Industrial Estate, Killingworth, NE12 5UJ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	15 %	straight line
Fittings fixtures and equipment	-	25 %	straight line
Motor vehicles	-	20 %	straight line
Website	-	20 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 30 (2024: 30 ).

5. Profit before taxation

Profit before taxation is stated after charging/(crediting):

	2025	2024
	£	£
Depreciation of tangible assets	35,086	68,197
	_______	_______

6. Tangible assets


		£
	Cost
	At 1 November 2024
	and 31 October 2025	1,037,889
		_______
	Depreciation
	At 1 November 2024	660,064
	Charge for the year	35,087
		_______
	At 31 October 2025	695,151
		_______
	Carrying amount
	At 31 October 2025	342,738
		_______
	At 31 October 2024	377,825
		_______

7. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	John Armstrong	( 259)	31,324	( 32,000)	( 935)
	Andrew Dark	( 132)	31,324	( 32,000)	( 808)
		_______	_______	_______	_______
		( 391)	62,648	( 64,000)	( 1,743)
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	John Armstrong	9,811	35,430	( 45,500)	( 259)
	Andrew Dark	9,938	35,430	( 45,500)	( 132)
		_______	_______	_______	_______
		19,749	70,860	( 91,000)	( 391)
		_______	_______	_______	_______