Planecode Limited - Limited company - abbreviated

REGISTERED NUMBER: 03765742 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 March 2014

for

Planecode Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

R M Timmis

SECRETARY:

Mrs J C Timmis

REGISTERED OFFICE:

75 Springfield Road

Chelmsford

Essex

CM2 6JB

REGISTERED NUMBER:

03765742 (England and Wales)

ACCOUNTANTS:

NSO Associates LLP

75 Springfield Road

Chelmsford

Essex

CM2 6JB

FIXED ASSETS

1,049,741

Investments

2

9,069

CURRENT ASSETS

1,681,601

Debtors

3

-

699

Cash at bank

-

1,682,300

-

CREDITORS

2,726,746

Amounts falling due within one year

4

-

(1,044,446

)

NET CURRENT LIABILITIES

-

5,295

TOTAL ASSETS LESS CURRENT
LIABILITIES

9,069

CAPITAL AND RESERVES

600

Called up share capital

5

600

4,695

Profit and loss account

8,469

5,295

SHAREHOLDERS' FUNDS

9,069

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 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 23 December 2014 and were signed by:

R M Timmis - 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).

Deferred tax

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

sheet date.

Consolidation

In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The

company has therefore taken advantage of the exemption provided by Section 248 of the Companies Act 1985

not to prepare group accounts.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2013

and 31 March 2014

1,175,225

PROVISIONS

At 1 April 2013

125,484

Charge for year

1,040,672

At 31 March 2014

1,166,156

NET BOOK VALUE

At 31 March 2014

9,069

At 31 March 2013

1,049,741

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 0 (31.3.13 - £ 1,671,411 )

4.

CREDITORS

Creditors include an amount of £ 0 (31.3.13 - £ 2,710,000 ) for which security has been given.

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

300

Ordinary A

£1

300

Ordinary B

£1

300

600

Planecode Limited - Limited company - abbreviated - 11.6

Planecode Limited - Limited company - abbreviated - 11.6