Platane Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05291574 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2019

FOR

PLATANE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S P Riviere

SECRETARY:

Mrs C N Riviere

REGISTERED OFFICE:

3 Church Street

Odiham

Hook

Hampshire

RG29 1LU

REGISTERED NUMBER:

05291574 (England and Wales)

ACCOUNTANTS:

Goddard & Co

Chartered Accountants

3 Church Street

Odiham, Hook

Hampshire

RG29 1LU

FIXED ASSETS

Tangible assets

4

1,917

1,906

CURRENT ASSETS

Stocks

60,259

78,509

Debtors

5

53,277

116,163

Cash at bank

10,319

37,516

123,855

232,188

CREDITORS

Amounts falling due within one year

6

124,095

188,425

NET CURRENT (LIABILITIES)/ASSETS

(240

)

43,763

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,677

45,669

CAPITAL AND RESERVES

Called up share capital

3

Retained earnings

1,674

45,666

SHAREHOLDERS' FUNDS

1,677

45,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director on 4 December 2019 and were signed by:

S P Riviere - Director

1.	STATUTORY INFORMATION

Platane 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 represents invoiced sales of goods and services, net of value added tax.

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

-

33% on cost and 20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in

bringing stocks to their present location and condition.

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.

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 3 (2018 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2018

13,015

Additions

833

At 31 March 2019

13,848

DEPRECIATION

At 1 April 2018

11,109

Charge for year

822

At 31 March 2019

11,931

NET BOOK VALUE

At 31 March 2019

1,917

At 31 March 2018

1,906

5.

DEBTORS

2019

2018

£

Amounts falling due within one year:

Trade debtors

18,191

45,018

Other debtors

30,773

66,832

48,964

111,850

Amounts falling due after more than one year:

Other debtors

4,313

Aggregate amounts

53,277

116,163

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

Trade creditors

40,538

71,460

Taxation and social security

80,680

71,439

Other creditors

2,877

45,526

124,095

188,425

7.	OTHER FINANCIAL COMMITMENTS

The company has other financial commitments totalling £Nil (2017: £50,082) at the balance sheet date.

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 March 2019 and the period

ended 31 March 2018:

2019

2018

£

S P Riviere

Balance outstanding at start of year

-

Amounts advanced

149,447

-

Amounts repaid

(127,425

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

22,022

-

The directors loan balance is interest free and has no repayment terms.

Platane Limited - Accounts to registrar (filleted) - small 18.2

Platane Limited - Accounts to registrar (filleted) - small 18.2