Plankton Investments Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12124678 (England and Wales)

Plankton Investments Ltd

Unaudited Financial Statements

for the Year Ended 31 July 2021

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Director:

Ms P S Vara

Registered office:

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Registered number:

12124678 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Current assets

Debtors

4

16,642

9,760

Cash at bank

85,179

238,935

101,821

248,695

Creditors

Amounts falling due within one year

5

2,452

113,988

Net current assets

99,369

134,707

Total assets less current liabilities

99,369

134,707

Capital and reserves

Called up share capital

2

2

Retained earnings

99,367

134,705

99,369

134,707

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.

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 28 July 2022 and were signed by:

Ms P S Vara - Director

1.	Statutory information

Plankton Investments 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.	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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3.	Employees and directors

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

4.

Debtors: amounts falling due within one year

31.7.21

31.7.20

£

£

Other debtors

16,642

9,760

5.

Creditors: amounts falling due within one year

31.7.21

31.7.20

£

£

Trade creditors

-

50,000

Taxation and social security

-

63,088

Other creditors

2,452

900

2,452

113,988

6.	Director's advances, credits and guarantees

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

31.7.21

31.7.20

£

£

Ms P S Vara

Balance outstanding at start of year

4,760

-

Amounts advanced

-

4,760

Amounts repaid

(4,760

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

4,760

The loan was at interest free and fully repaid during the year.