Abbreviated Company Accounts - PLANET25 LIMITED

Registered Number 06018333

PLANET25 LIMITED

Abbreviated Accounts

31 December 2014

PLANET25 LIMITED Registered Number 06018333

Abbreviated Balance Sheet as at 31 December 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	410,000	410,000
		410,000	410,000
Current assets
Debtors		21,500	21,500
Cash at bank and in hand		514	5,123
		22,014	26,623
Creditors: amounts falling due within one year		(33,277)	(34,386)
Net current assets (liabilities)		(11,263)	(7,763)
Total assets less current liabilities		398,737	402,237
Creditors: amounts falling due after more than one year		(566,107)	(562,457)
Total net assets (liabilities)		(167,370)	(160,220)
Capital and reserves
Called up share capital		4,200	4,200
Profit and loss account		(171,570)	(164,420)
Shareholders' funds		(167,370)	(160,220)

For the year ending 31 December 2014 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 September 2015

And signed on their behalf by:
H LYLUS, Director

PLANET25 LIMITED Registered Number 06018333

Notes to the Abbreviated Accounts for the period ended 31 December 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Fixed assets Investments
Fixed asset investments are stated at a lower of cost and net realiseable value.