Planet Gym Ltd - Abbreviated accounts

Registered number

04619086

Planet Gym Ltd

Abbreviated Accounts

30 September 2016

Planet Gym Ltd
Registered number:		04619086
Abbreviated Balance Sheet
as at 30 September 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	2		42,582			32,311

Current assets
Stocks		400			400
Debtors		172			172
Cash at bank and in hand		7,926			13,302
		8,498			13,874

Creditors: amounts falling due within one year		(118,999)			(117,227)

Net current liabilities			(110,501)			(103,353)

Net liabilities			(67,919)			(71,042)

Capital and reserves
Profit and loss account			(67,919)			(71,042)

Shareholder's funds			(67,919)			(71,042)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Mr. B Isik
Director
Approved by the board on 14 February 2017

Planet Gym Ltd
Notes to the Abbreviated Accounts
for the year ended 30 September 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Plant and machinery	15% reducing balance
	Motor vehicles	15% reducing balance


2	Tangible fixed assets		£

	Cost
	At 1 October 2015		191,573
	Additions		17,786
	At 30 September 2016		209,359

	Depreciation
	At 1 October 2015		159,262
	Charge for the year		7,515
	At 30 September 2016		166,777

	Net book value
	At 30 September 2016		42,582
	At 30 September 2015		32,311