Planetree Asset Management Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08809923 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 December 2015

for

PLANETREE ASSET MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

K Massey

REGISTERED OFFICE:

42 Crosby Road North

Crosby

Merseyside

L22 4QQ

REGISTERED NUMBER:

08809923 (England and Wales)

ACCOUNTANTS:

Heriot Hughes Chartered Accountants

42 Crosby Road North

Crosby

Merseyside

L22 4QQ

FIXED ASSETS

Tangible assets

2

15,000

CREDITORS

Amounts falling due within one year

14,999

NET CURRENT LIABILITIES

(14,999

)

(14,999

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1

CAPITAL AND RESERVES

Called up share capital

3

1

SHAREHOLDERS' FUNDS

1

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 September 2016 and were signed by:

K Massey - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

The company was dormant throughout the current year and previous period.

Tangible fixed assets

No depreciation has been provided for during the period under review as the director believes the value of the

assets to be at least equal to the balance sheet value.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

and 31 December 2015

15,000

NET BOOK VALUE

At 31 December 2015

15,000

At 31 December 2014

15,000

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

1

Ordinary

£1

1

4.	TRANSACTIONS WITH DIRECTORS

During the period under review the company's director, Mr K Massey, transferred plant and equipment valued at

£15,000 to the company. This amount remains outstanding at the period end.