ACCOUNTS - Final Accounts preparation

PLOT CONSULTANCY LIMITED - Company Information

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-02-282022-02-28truetrue12021-03-01No description of principal activity1true 05361608 2021-03-01 2022-02-28 05361608 2020-03-01 2021-02-28 05361608 2022-02-28 05361608 2021-02-28 05361608 c:Director1 2021-03-01 2022-02-28 05361608 c:RegisteredOffice 2021-03-01 2022-02-28 05361608 d:OfficeEquipment 2021-03-01 2022-02-28 05361608 d:OfficeEquipment 2022-02-28 05361608 d:OfficeEquipment 2021-02-28 05361608 d:CurrentFinancialInstruments 2022-02-28 05361608 d:CurrentFinancialInstruments 2021-02-28 05361608 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 05361608 d:CurrentFinancialInstruments d:WithinOneYear 2021-02-28 05361608 d:ShareCapital 2022-02-28 05361608 d:ShareCapital 2021-02-28 05361608 d:RetainedEarningsAccumulatedLosses 2022-02-28 05361608 d:RetainedEarningsAccumulatedLosses 2021-02-28 05361608 c:OrdinaryShareClass1 2021-03-01 2022-02-28 05361608 c:OrdinaryShareClass1 2022-02-28 05361608 c:OrdinaryShareClass1 2021-02-28 05361608 c:EntityHasNeverTraded 2021-03-01 2022-02-28 05361608 c:FRS102 2021-03-01 2022-02-28 05361608 c:AuditExempt-NoAccountantsReport 2021-03-01 2022-02-28 05361608 c:FullAccounts 2021-03-01 2022-02-28 05361608 c:PrivateLimitedCompanyLtd 2021-03-01 2022-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05361608

PLOT CONSULTANCY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

PLOT CONSULTANCY LIMITED

CONTENTS

	Page
Company information	1
Balance sheet	2
Notes to the financial statements	3 - 6

PLOT CONSULTANCY LIMITED

COMPANY INFORMATION

Director	P D Stanley


Registered number	05361608


Registered office	16 Great Queen Street
	Covent Garden
	London
	WC2B 5AH


Accountants	Blick Rothenberg Limited
	Chartered Accountants
	16 Great Queen Street
	Covent Garden
	London
	WC2B 5AH

Page 1

REGISTERED NUMBER:05361608

PLOT CONSULTANCY LIMITED

BALANCE SHEET

AS AT 28 FEBRUARY 2022

		2022		2021
Note		£		£

Fixed assets
Tangible assets	4		-		-
Current assets
Cash at bank and in hand		506		588
Creditors: amounts falling due within one year	5	(19,027)		(18,324)
Net current liabilities			(18,521)		(17,736)
Net liabilities			(18,521)		(17,736)

Capital and reserves
Called up share capital	6	1	1
Profit and loss account		(18,522)	(17,737)
Total deficit		(18,521)	(17,736)

For the year ended 28 February 2022 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the sole director:

P D Stanley

Director

Date: 20 February 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

PLOT CONSULTANCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

1.	General information

Plot Consultancy Limited is a private company limited by shares and registered in England and Wales. Its registered office is 16 Great Queen Street, Covent Garden, London, WC2B 5AH.
The financial statements are presented in Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Going concern

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved, on the basis that the main creditor of the company is the director/shareholder himself. Accordingly, he continues to adopt the going concern basis in preparing the financial statements.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Office equipment

25%

Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.4

Financial instruments

The company has elected to apply Sections 11 and 12 of FRS 102 in respect of financial instruments.
Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
The company’s policies for its major classes of financial assets and financial liabilities are set out below.

Page 3

PLOT CONSULTANCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

2.Accounting policies (continued)

Financial assets
Basic financial assets, including cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.
Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Financial liabilities
Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financing transactions are those in which payment is deferred beyond normal business terms or is financed at a rate of interest that is not a market rate.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Impairment of financial assets
Financial assets measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between the asset's carrying amount and the best estimate of the amount the company would receive for the asset if it were to be sold at the reporting date.
For financial assets measured at amortised cost, the impairment loss is measured as the difference between the asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If the financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.
If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.
Derecognition of financial assets and financial liabilities
Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) despite having retained some significant risks and rewards of ownership, control of the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.
Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

Page 4

PLOT CONSULTANCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

2.Accounting policies (continued)

Offsetting of financial assets and financial liabilities
Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.5

Share capital

Ordinary shares are classified as equity.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Employees

The average monthly number of employees, including directors, during the year was 1 (2021 -1).

4.	Tangible fixed assets

		Office equipment
		£
	Cost
	At 1 March 2021	1,620
	At 28 February 2022	1,620
	Depreciation
	At 1 March 2021	1,620
	At 28 February 2022	1,620
	Net book value
	At 1 March 2021	-
	At 28 February 2022	-

Page 5

PLOT CONSULTANCY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2022

5.	Creditors: Amounts falling due within one year
		2022	2021
		£	£

Other creditors	18,324	18,324
Accruals and deferred income	703	-
	19,027	18,324

6.	Share capital
		2022	2021
		£	£

Allotted, called up and fully paid

1 (2021 -1) Ordinary share of £1.00	1	1

Page 6