Abbreviated Company Accounts - PLANN LIMITED

Registered Number 07647382

PLANN LIMITED

Abbreviated Accounts

31 May 2014

PLANN LIMITED Registered Number 07647382

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	404	808
		404	808
Current assets
Debtors		32,277	27,862
Cash at bank and in hand		30,185	40,657
		62,462	68,519
Creditors: amounts falling due within one year		(27,908)	(32,675)
Net current assets (liabilities)		34,554	35,844
Total assets less current liabilities		34,958	36,652
Total net assets (liabilities)		34,958	36,652
Capital and reserves
Called up share capital		2	2
Profit and loss account		34,956	36,650
Shareholders' funds		34,958	36,652

For the year ending 31 May 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 31 October 2014

And signed on their behalf by:
JACK TILBURY, Director

PLANN LIMITED Registered Number 07647382

Notes to the Abbreviated Accounts for the period ended 31 May 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.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer Equipment - 25% straight line
Fixtures, Fittings & Equipment - 25% straight line

2Tangible fixed assets

	£
Cost
At 1 June 2013	1,615
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	1,615
Depreciation
At 1 June 2013	807
Charge for the year	404
On disposals	-
At 31 May 2014	1,211
Net book values
At 31 May 2014	404
At 31 May 2013	808