PLANNED CONTRACTS LIMITED

PLANNED CONTRACTS LIMITED

PLANNED CONTRACTS LIMITED - Company Information

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PLANNED CONTRACTS LIMITED

Company Registration Number:
08777157 (England and Wales)

Unaudited abridged accounts for the year ended 30 December 2018

Period of accounts

Start date: 31 December 2017

End date: 30 December 2018

PLANNED CONTRACTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 December 2018

Balance sheet
Notes

PLANNED CONTRACTS LIMITED

Balance sheet

As at 30 December 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 2 18,408 35,905
Total fixed assets: 18,408 35,905
Current assets
Debtors:   192,445 174,997
Cash at bank and in hand: 4,285 859
Total current assets: 196,730 175,856
Creditors: amounts falling due within one year:   (80,319) (81,683)
Net current assets (liabilities): 116,411 94,173
Total assets less current liabilities: 134,819 130,078
Provision for liabilities: (3,498) (7,181)
Total net assets (liabilities): 131,321 122,897
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 131,221 122,797
Shareholders funds: 131,321 122,897

The notes form part of these financial statements

PLANNED CONTRACTS LIMITED

Balance sheet statements

For the year ending 30 December 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 March 2019
and signed on behalf of the board by:

Name: S G Owens
Status: Director

The notes form part of these financial statements

PLANNED CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PLANNED CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2018

2. Tangible Assets

Total
Cost £
At 31 December 2017 58,911
Additions 2,000
Disposals (26,182)
At 30 December 2018 34,729
Depreciation
At 31 December 2017 23,006
Charge for year 12,830
On disposals (19,515)
At 30 December 2018 16,321
Net book value
At 30 December 2018 18,408
At 30 December 2017 35,905

PLANNED CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2018

3. Related party transactions

During the period, the company made sales of £1,433,219 (2017: £629,720) to Owens Developments Ltd, of which S G Owens and S A Owens are both directors and shareholders. Sales of £501,716 (2017: £728,175) were also made to Essential By Design Ltd, of which S G Owens is a director and shareholder. At the end of the period Owens Developments Ltd owed the company £96,878 (2017: £42,366) and Essential By Design Ltd owed the company £81,816 (2017: £18,478).