REGISTERED NUMBER: 02492128 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Plantoil Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J G S Pilch

REGISTERED OFFICE:

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

REGISTERED NUMBER:

02492128 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie Ltd

Chartered Accountants

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

Current assets

Stocks

4

14,500

19,268

Debtors

5

23,557

47,528

Cash at bank

98,481

122,444

136,538

189,240

Creditors

Amounts falling due within one year

6

(85,232

)

(97,445

)

Net current assets

51,306

91,795

Total assets less current liabilities

51,306

91,795

Capital and reserves

Called up share capital

100

100

Retained earnings

7

51,206

91,695

Shareholders' funds

51,306

91,795

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 7 November 2025 and were signed by:

J G S Pilch - Director

1.	STATUTORY INFORMATION

Plantoil 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 (£).

The principal activity of the company is Plant & Vegetable Oil Retail.

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.

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

DEFERRED TAX

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

balance sheet date as these are considered immaterial.

3.	EMPLOYEES AND DIRECTORS

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

4.

STOCKS

2025

2024

£

£

Stocks

14,500

19,268

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

13,874

46,689

Tax

-

200

VAT

9,683

639

23,557

47,528

The directors consider the carrying value of trade and other receivables approximate to their fair values.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

73,833

86,418

Directors' current accounts

10,485

10,173

Accrued expenses

914

854

85,232

97,445

The directors consider the carrying amounts of current liabilities approximate to their fair values.

7.

RESERVES

Retained

earnings

£

At 1 April 2024

91,695

Deficit for the year

(12,246

)

Dividends

(28,243

)

At 31 March 2025

51,206

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

J G S Pilch

Balance outstanding at start of year

(10,173

)

(4,090

)

Amounts advanced

-

465,402

Amounts repaid

(312

)

(471,485

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(10,485

)

(10,173

)