PLANESS LTD - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11493116 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JULY 2021

FOR

PLANESS LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs N Stanley

REGISTERED OFFICE:

Lindsey

Ryhall Road

Great Casterton

Stamford

Rutland

PE9 4AR

REGISTERED NUMBER:

11493116 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

5

220

549

CURRENT ASSETS

Debtors

2,648

11,235

Cash at bank

29,496

22,771

32,144

34,006

CREDITORS

Amounts falling due within one year

9,368

15,484

NET CURRENT ASSETS

22,776

18,522

TOTAL ASSETS LESS CURRENT LIABILITIES

22,996

19,071

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

22,896

18,971

SHAREHOLDERS' FUNDS

22,996

19,071

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 July 2021 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 10 June 2022 and were signed by:

Mrs N Stanley - Director

1.	STATUTORY INFORMATION

PLANESS 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.

2.	STATEMENT OF COMPLIANCE

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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 August 2020

and 31 July 2021

989

DEPRECIATION

At 1 August 2020

440

Charge for year

329

At 31 July 2021

769

NET BOOK VALUE

At 31 July 2021

220

At 31 July 2020

549

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

£

Reserves

22,896

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2021 and 31 July 2020:

2021

2020

£

£

Mrs N Stanley

Balance outstanding at start of year

2,235

157

Amounts advanced

8,643

14,436

Amounts repaid

(8,880

)

(12,358

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,998

2,235