Virtual Planit Limited - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 03892849

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

VIRTUAL PLANIT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P D Swift

E C Lister

SECRETARY:

E C Lister

REGISTERED OFFICE:

2 Back Grafton Street

Altrincham

Cheshire

WA14 1DY

REGISTERED NUMBER:

03892849

ACCOUNTANTS:

DHF Accounting Ltd

20 Market Street

Altrincham

Cheshire

WA14 1PF

CURRENT ASSETS

Debtors

530

92,697

Cash at bank

286

-

816

92,697

CREDITORS

Amounts falling due within one year

2

705

92,586

NET CURRENT ASSETS

111

111

TOTAL ASSETS LESS CURRENT LIABILITIES

111

111

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

11

11

SHAREHOLDERS' FUNDS

111

111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 11 December 2014 and were signed on its behalf by:

E C Lister - Director

P D Swift - 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 April 2008).

The company was dormant throughout the year ended 31 March 2014. However, reference to information

relating to the year ended 31 March 2013 has been made where appropriate.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Deferred tax

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

sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

2.

CREDITORS

Creditors include an amount of £ 0 (31.3.13 - £ 50,146 ) for which security has been given.

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Share capital 1

£1

100

100

4.	ULTIMATE PARENT COMPANY

The ultimate parent company is Planit Northwest Limited, a company registered in England and Wales.