PlanArch Design Limited - Accounts to registrar (filleted) - small 22.3

PlanArch Design Limited - Accounts to registrar (filleted) - small 22.3

PLANARCH DESIGN LIMITED - Company Information

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REGISTERED NUMBER: 08052313 (England and Wales)














Unaudited Financial Statements

for the Year Ended 28 February 2022

for

PLANARCH DESIGN LIMITED
PLANARCH DESIGN LIMITED (REGISTERED NUMBER: 08052313)






Contents of the Financial Statements
for the Year Ended 28 February 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 6

PLANARCH DESIGN LIMITED

Company Information
for the Year Ended 28 February 2022







DIRECTOR: J G Lavender





REGISTERED OFFICE: 43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH





REGISTERED NUMBER: 08052313 (England and Wales)





ACCOUNTANTS: Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH
Page 1
PLANARCH DESIGN LIMITED (REGISTERED NUMBER: 08052313)

Abridged Balance Sheet
28 February 2022

28/2/22 28/2/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,287 16,137

CURRENT ASSETS
Debtors 17,883 15,350
Cash at bank and in hand 5,261 8,791
23,144 24,141
CREDITORS
Amounts falling due within one year 33,755 36,186
NET CURRENT LIABILITIES (10,611 ) (12,045 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
3,676
4,092

CREDITORS
Amounts falling due after more than one
year
(498
)
(610
)

PROVISIONS FOR LIABILITIES (2,715 ) (3,066 )
NET ASSETS 463 416

CAPITAL AND RESERVES
Called up share capital 195 195
Capital redemption reserve 5 5
Retained earnings 263 216
SHAREHOLDERS' FUNDS 463 416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 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 notes form part of these financial statements

Page 2 continued...
PLANARCH DESIGN LIMITED (REGISTERED NUMBER: 08052313)

Abridged Balance Sheet - continued
28 February 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 November 2022 and were signed by:





J G Lavender - Director


The notes form part of these financial statements

Page 3
PLANARCH DESIGN LIMITED (REGISTERED NUMBER: 08052313)

Notes to the Financial Statements
for the Year Ended 28 February 2022

1. STATUTORY INFORMATION

PlanArch Design 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 company traded for a longer period in the current year due to a change in accounting period. Therefore the comparative amounts in the financial statements (including related notes) are not entirely comparable.

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.

The financial statements have been prepared under the going concern basis of accounting.

The company traded for a shorter period in the current year due to a change in accounting period. Therefore the comparative amounts in the financial statements (including related notes) are not entirely comparable.

Turnover
Turnover represents the value of work carried out during the year including amounts not yet invoiced, excluding value added tax. Income is being recognised according to the stage of completion of work done.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost, 20% on reducing balance and 10% on reducing balance
Computer equipment - 20% on reducing balance

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 balance sheet date.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Page 4 continued...
PLANARCH DESIGN LIMITED (REGISTERED NUMBER: 08052313)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

2. ACCOUNTING POLICIES - continued

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 1 (2021 - 5 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2021
and 28 February 2022 39,757
DEPRECIATION
At 1 March 2021 23,620
Charge for year 1,850
At 28 February 2022 25,470
NET BOOK VALUE
At 28 February 2022 14,287
At 28 February 2021 16,137

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 28 February 2022 and the period ended 28 February 2021:

28/2/22 28/2/21
£    £   
J G Lavender
Balance outstanding at start of year - -
Amounts advanced 2,557 9,637
Amounts repaid (2,557 ) (9,637 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

N Box
Balance outstanding at start of year - -
Amounts advanced - 116
Amounts repaid - (116 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The above loan is interest free and repayable on demand.

Page 5
Accountants' Report to the Director
on the Unaudited Financial Statements of
PlanArch Design Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PlanArch Design Limited for the year ended 28 February 2022 which comprise the Abridged Income Statement, Abridged Balance Sheet and the 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 which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of PlanArch Design Limited in accordance with the terms of our engagement letter dated 22 September 2021. Our work has been undertaken solely to prepare for your approval the financial statements of PlanArch Design Limited and state those matters that we have agreed to state to the director of PlanArch Design Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that PlanArch Design 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 PlanArch Design Limited. You consider that PlanArch Design 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 PlanArch Design 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.






Mitchell Gordon LLP
43 Coniscliffe Road
Darlington
Co. Durham
DL3 7EH


29 November 2022

This page does not form part of the statutory financial statements

Page 6