Plexus Resource Solutions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10613498 (England and Wales)

Unaudited Financial Statements

for the Period 10 February 2017 to 31 March 2018

for

PLEXUS RESOURCE SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Potts

Z Couceiro

REGISTERED OFFICE:

Mercury House

117 Waterloo Road

London

SE1 8UL

REGISTERED NUMBER:

10613498 (England and Wales)

ACCOUNTANTS:

EST Accountants Ltd

Henstaff Court

Llantrisant Road

Groesfaen

Cardiff

CF72 8NG

FIXED ASSETS

Intangible assets

5

28,612

Tangible assets

6

3,378

31,990

CURRENT ASSETS

Debtors

7

262,872

Cash at bank

125,978

388,850

CREDITORS

Amounts falling due within one year

8

158,892

NET CURRENT ASSETS

229,958

TOTAL ASSETS LESS CURRENT LIABILITIES

261,948

PROVISIONS FOR LIABILITIES

642

NET ASSETS

261,306

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

261,206

SHAREHOLDERS' FUNDS

261,306

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 October 2018 and were signed on its behalf by:

S Potts - Director

Z Couceiro - Director

1.	STATUTORY INFORMATION

Plexus Resource Solutions Ltd 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 (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Intangible assets

Cryptocurrency is initially recognised at cost.

At the balance sheet date the asset is revalued to fair value by reference to an active market.

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

-

25% on reducing balance and 20% on cost

Taxation

Taxation for the period 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 period 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

39,735

Impairments

(11,123

)

At 31 March 2018

28,612

NET BOOK VALUE

At 31 March 2018

28,612

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

3,900

At 31 March 2018

3,900

DEPRECIATION

Charge for period

522

At 31 March 2018

522

NET BOOK VALUE

At 31 March 2018

3,378

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

262,872

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

4,152

Taxation and social security

121,402

Other creditors

33,338

158,892

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100