PLAN-V LIMITED Accounts filed on 31-07-2015
PLAN-V LIMITED Accounts filed on 31-07-2015
PLAN-V LIMITED
Company Registration Number:
07736623 (England and Wales)
Abbreviated (Unaudited) Accounts
Period of accounts
Start date: 01st August 2014
End date: 31st July 2015
SUBMITTED
PLAN-V LIMITED
Company Information
for the Period Ended
31st July 2015
| Director: |
|
|
|
|
||
| Registered office: |
|
|
|
|
||
|
|
||
|
|
||
| Company Registration Number: |
|
|
PLAN-V LIMITED
Abbreviated Balance sheet
As at 31st July 2015
| Notes | 2015 £ |
2014 £ |
|
|---|---|---|---|
| Fixed assets | |||
| Intangible assets: | 5 |
|
|
| Tangible assets: | 6 |
|
|
| Total fixed assets: |
|
|
|
| Current assets | |||
| Debtors: | 7 |
|
|
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Creditors | |||
| Creditors: amounts falling due within one year | 8 |
|
|
| Net current assets (liabilities): |
|
( |
|
| Total assets less current liabilities: |
|
( |
|
| Creditors: amounts falling due after more than one year: | 9 |
|
|
| Total net assets (liabilities): | ( |
( |
The notes form part of these financial statements
PLAN-V LIMITED
Abbreviated Balance sheet
As at 31st July 2015
continued
| Notes | 2015 £ |
2014 £ |
|
|---|---|---|---|
| Capital and reserves | |||
| Called up share capital: | 10 |
|
|
| Profit and Loss account: | ( |
( |
|
| Total shareholders funds: | ( |
( |
The financial statements were approved by the Board of Directors on
SIGNED ON BEHALF OF THE BOARD BY:
Name: Pendar Vatanian
Status: Director
The notes form part of these financial statements
PLAN-V LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st July 2015
-
1. Accounting policies
Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with the financial reporting standard for smaller entities (effective April 2008) Turnover policy
The turnover in the profit and loss account represents revenue earned during the period, exclusive of VAT Tangible fixed assets depreciation policy
Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write of each asset over its estimated useful life. plant & machinery - on a straight line basis over 3 years. Office equipment-on a straight line basis over 3 years Intangible fixed assets amortisation policy
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable Valuation information and policy
stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads Other accounting policies
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Research and Development Expenditure on research and development is written off in the year in which it is incurred
PLAN-V LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st July 2015
-
5. Intangible assets
Total Cost £ At 01st August 2014: 937 Additions: 844 1,781 Net book value £ At 31st July 2015: 1,781 At 31st July 2014: 937
PLAN-V LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st July 2015
-
6. Tangible assets
Total Cost £ At 01st August 2014: 2,023 At 31st July 2015: 2,023 Depreciation At 01st August 2014: 643 Charge for year: 590 At 31st July 2015: 1,233 Net book value At 31st July 2015: 791 At 31st July 2014: 1,380
PLAN-V LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st July 2015
-
7. Debtors
2015
£2014
£Trade debtors: 25,517 14,753 Total: 25,517 14,753
PLAN-V LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st July 2015
-
8. Creditors: amounts falling due within one year
2015
£2014
£Bank loans and overdrafts: 664 51 Taxation and social security: 9,058 41 Accruals and deferred income: 159 150 Other creditors: 18,379 25,012 Total: 28,260 25,254
PLAN-V LIMITED
Notes to the Abbreviated Accounts
for the Period Ended
31st July 2015
-
9. Creditors: amounts falling due after more than one year
2015
£2014
£Other creditors: 11,870 11,870 Total: 11,870 11,870