Playle Russell And Associates Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 00932399 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2019

for

PLAYLE RUSSELL AND ASSOCIATES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

M R Playle

REGISTERED OFFICE:

The Granary

Brewer Street

Bletchingley

Surrey

RH1 4QP

REGISTERED NUMBER:

00932399 (England and Wales)

ACCOUNTANTS:

Lees Chartered Accountants

The Granary

Brewer Street

Bletchingley

Surrey

RH1 4QP

FIXED ASSETS

Tangible assets

4

10,921

12,615

CURRENT ASSETS

Debtors

5

70,699

63,264

Cash in hand

1,400

1,200

72,099

64,464

CREDITORS

Amounts falling due within one year

6

61,236

66,880

NET CURRENT ASSETS/(LIABILITIES)

10,863

(2,416

)

TOTAL ASSETS LESS CURRENT LIABILITIES

21,784

10,199

PROVISIONS FOR LIABILITIES

1,144

1,365

NET ASSETS

20,640

8,834

CAPITAL AND RESERVES

Called up share capital

1,500

1,500

Share premium

4,200

4,200

Retained earnings

14,940

3,134

SHAREHOLDERS' FUNDS

20,640

8,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 June 2020 and were signed by:

M R Playle - Director

1.	STATUTORY INFORMATION

Playle Russell And Associates 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.

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 etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of

Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2018 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2018

and 30 September 2019

59,069

DEPRECIATION

At 1 October 2018

46,454

Charge for year

1,694

At 30 September 2019

48,148

NET BOOK VALUE

At 30 September 2019

10,921

At 30 September 2018

12,615

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Other debtors

70,699

63,264

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Bank loans and overdrafts

48,158

46,844

Taxation and social security

9,429

16,432

Other creditors

3,649

3,604

61,236

66,880

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2019

and 30 September 2018:

30.9.19

30.9.18

£

£

M R Playle

Balance outstanding at start of year

18,684

18,684

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

18,684

18,684

8.	RELATED PARTY DISCLOSURES

Included in other debtors is an amount of £47,344 due from Uneek Ibiza Limited . Mr Mark Playle is a

director of and a minority shareholder in Uneek Ibiza Limited.