Plant Based News Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10638129 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

PLANT BASED NEWS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr K O Mitchell

Mr M D Glover

Mr R M Fitzgerald

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

10638129 (England and Wales)

ACCOUNTANTS:

Beavis Morgan LLP

869 High Road

London

N12 8QA

FIXED ASSETS

Intangible assets

4

4,357

5,447

Tangible assets

5

572

3,245

4,929

8,692

CURRENT ASSETS

Debtors

6

64,679

31,676

Cash at bank

666,880

814,044

731,559

845,720

CREDITORS

Amounts falling due within one year

7

25,108

39,580

NET CURRENT ASSETS

706,451

806,140

TOTAL ASSETS LESS CURRENT
LIABILITIES

711,380

814,832

CAPITAL AND RESERVES

Called up share capital

345,842

Share premium

1,100,211

Retained earnings

(734,673

)

(631,221

)

SHAREHOLDERS' FUNDS

711,380

814,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by:

Mr K O Mitchell - Director

1.	STATUTORY INFORMATION

Plant Based News 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.

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.

Website development is being amortised evenly over its estimated useful life of five years.

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 machinery

-

20% on cost

Computer equipment

-

33% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2025

and 28 February 2026

13,297

AMORTISATION

At 1 March 2025

7,850

Charge for year

1,090

At 28 February 2026

8,940

NET BOOK VALUE

At 28 February 2026

4,357

At 28 February 2025

5,447

5.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

COST

At 1 March 2025

7,606

39,269

46,875

Additions

-

713

At 28 February 2026

7,606

39,982

47,588

DEPRECIATION

At 1 March 2025

7,606

36,024

43,630

Charge for year

-

3,386

At 28 February 2026

7,606

39,410

47,016

NET BOOK VALUE

At 28 February 2026

-

572

At 28 February 2025

-

3,245

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

15,491

6,759

Other debtors

49,188

24,917

64,679

31,676

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Taxation and social security

765

8,732

Other creditors

24,343

30,848

25,108

39,580

8.	RELATED PARTY DISCLOSURES

Included in creditors,amount falling due within an year is an interest free amount of £676 (2025: £676) due to Mr K O Mitchell, the director of company.