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REGISTERED NUMBER: 02003591 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Pluto Travel Limited

Pluto Travel Limited (Registered number: 02003591)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Pluto Travel Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: R A Dowdall





REGISTERED OFFICE: Peartree Cottage The Frenches
East Wellow
Romsey
SO51 6FE





REGISTERED NUMBER: 02003591 (England and Wales)





ACCOUNTANTS: BJT Accountants Limited
Wessex House
Upper Market Street
Eastleigh
Hampshire
SO50 9FD

Pluto Travel Limited (Registered number: 02003591)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 465 -
Investment property 5 - 434,999
465 434,999

CURRENT ASSETS
Debtors 6 196 151
Cash at bank 613,130 265,893
613,326 266,044
CREDITORS
Amounts falling due within one year 7 3,580 22,292
NET CURRENT ASSETS 609,746 243,752
TOTAL ASSETS LESS CURRENT
LIABILITIES

610,211

678,751

PROVISIONS FOR LIABILITIES 8 - 210
NET ASSETS 610,211 678,541

CAPITAL AND RESERVES
Called up share capital 57,500 57,500
Revaluation reserve 9 - 101,794
Capital redemption reserve 12,500 12,500
Retained earnings 540,211 506,747
SHAREHOLDERS' FUNDS 610,211 678,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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.

Pluto Travel Limited (Registered number: 02003591)

Balance Sheet - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 October 2023 and were signed by:





R A Dowdall - Director


Pluto Travel Limited (Registered number: 02003591)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Pluto Travel Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Investment property
Investment properties are revalued on an annual basis to open market value and no depreciation is provided. The director considers that this accounting policy results in financial statements giving a true and fair view. The effect of this departure from the Companies Act 2006 has not been quantified because it is impracticable and, in the opinion of the director, would be misleading.

The aggregate surplus or deficit arising on revaluation is transferred to the revaluation reserve except where a deficit is deemed to represent a permanent diminution in value, in which case it is charged to the profit and loss account.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pluto Travel Limited (Registered number: 02003591)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 588
At 30 September 2023 588
DEPRECIATION
Charge for year 123
At 30 September 2023 123
NET BOOK VALUE
At 30 September 2023 465

5. INVESTMENT PROPERTY

Investment properties are valued annually on 30 September at fair value by the director on the advice of professional qualified valuer.

At 30 September 2023 the value of properties at historical cost were £0 (2022 - £332,996).

Fair value at 30 September 2023 is represented by:
£   
Valuation in 2005 98,984
Valuation in 2006 164,000
Valuation in 2007 41,000
Valuation in 2013 42,003
Valuation in 2016 59,000
Valuation in 2017 25,000
Valuation in 2021 (65,528 )
Valuation in 2022 (262,456 )
Valuation in 2023 (102,003 )

Pluto Travel Limited (Registered number: 02003591)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors 196 151

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Taxation and social security - 12,396
Other creditors 3,580 9,896
3,580 22,292

8. PROVISIONS FOR LIABILITIES
30.9.23 30.9.22
£    £   
Deferred tax - 210

Deferred
tax
£   
Balance at 1 October 2022 210
Utilised during year (210 )
Balance at 30 September 2023 -

Pluto Travel Limited (Registered number: 02003591)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

9. RESERVES
Revaluation
reserve
£   
At 1 October 2022 101,794
Transfer to revaluation
reserve (101,794 )

At 30 September 2023 -

REVALUATION RESERVE

The revaluation reserve represents accumulated gains and losses in respect of changes in the valuation net of the deferred tax liability of investment property which is recognised at fair value. The reserves is not distributable under the Companies Act 2006. The change in fair value is initially recognised in the profit and loss account but transferred to the revaluation reserve in order to keep a record of non-distributable fair value movements.

CAPITAL REDEMPTION RESERVE

The capital redemption reserve contains the nominal value of own shares that have been acquired by the company and cancelled.