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Company Registration No. 11445769 (England and Wales)
Planet JJ's Ltd Unaudited accounts for the year ended 31 July 2023
Planet JJ's Ltd Unaudited accounts Contents
Page
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Planet JJ's Ltd Company Information for the year ended 31 July 2023
Directors
Joanna Brown Jediah Mayatt
Company Number
11445769 (England and Wales)
Registered Office
11 Quarry Hill Road Tonbridge Kent TN9 2RH United Kingdom
Accountants
CPM Accountants Suite 135 80 Churchill Square Kings Hill Kent ME19 4YU
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Planet JJ's Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,291 
1,722 
Current assets
Inventories
6,815 
- 
Debtors
- 
4,375 
Cash at bank and in hand
6,993 
6,613 
13,808 
10,988 
Creditors: amounts falling due within one year
(15,023)
(12,244)
Net current liabilities
(1,215)
(1,256)
Net assets
76 
466 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(24)
366 
Shareholders' funds
76 
466 
For the year ending 31 July 2023 the company was entitled to exemption from audit 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by
Jediah Mayatt Director Company Registration No. 11445769
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Planet JJ's Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Planet JJ's Ltd is a private company, limited by shares, registered in England and Wales, registration number 11445769. The registered office is 11 Quarry Hill Road, Tonbridge, Kent, TN9 2RH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 August 2022
3,062 
At 31 July 2023
3,062 
Depreciation
At 1 August 2022
1,340 
Charge for the year
431 
At 31 July 2023
1,771 
Net book value
At 31 July 2023
1,291 
At 31 July 2022
1,722 
5
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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