REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 June 2023 to 30 November 2023 |
for |
Planet Property Development |
(Gloucestershire) Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 June 2023 to 30 November 2023 |
for |
Planet Property Development |
(Gloucestershire) Limited |
Planet Property Development |
(Gloucestershire) Limited (Registered number: 06214877) |
Contents of the Financial Statements |
for the Period 1 June 2023 to 30 November 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Planet Property Development |
(Gloucestershire) Limited |
Company Information |
for the Period 1 June 2023 to 30 November 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
48 Hucclecote Road |
Gloucester |
Gloucestershire |
GL3 3RS |
BANKERS: |
2 The Promenade |
Cheltenham |
GL50 1LR |
Planet Property Development |
(Gloucestershire) Limited (Registered number: 06214877) |
Statement of Financial Position |
30 November 2023 |
30/11/23 | 31/5/23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
Planet Property Development |
(Gloucestershire) Limited (Registered number: 06214877) |
Statement of Financial Position - continued |
30 November 2023 |
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 |
Planet Property Development |
(Gloucestershire) Limited (Registered number: 06214877) |
Notes to the Financial Statements |
for the Period 1 June 2023 to 30 November 2023 |
1. | STATUTORY INFORMATION |
Planet Property Development (Gloucestershire) Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Plant and machinery | - |
Computer and office equipment | - |
Taxation |
Taxation for the period 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 statement of financial position date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
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 period was |
Planet Property Development |
(Gloucestershire) Limited (Registered number: 06214877) |
Notes to the Financial Statements - continued |
for the Period 1 June 2023 to 30 November 2023 |
4. | TANGIBLE FIXED ASSETS |
Computer |
and |
Plant and | office |
machinery | equipment | Totals |
£ | £ | £ |
Cost |
At 1 June 2023 |
Disposals | ( |
) | ( |
) | ( |
) |
At 30 November 2023 |
Depreciation |
At 1 June 2023 |
Charge for period |
Eliminated on disposal | ( |
) | ( |
) | ( |
) |
At 30 November 2023 |
Net book value |
At 30 November 2023 |
At 31 May 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30/11/23 | 31/5/23 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30/11/23 | 31/5/23 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30/11/23 | 31/5/23 |
£ | £ |
Bank loans |
Planet Property Development |
(Gloucestershire) Limited (Registered number: 06214877) |
Notes to the Financial Statements - continued |
for the Period 1 June 2023 to 30 November 2023 |
8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the period ended 30 November 2023 and the year ended 31 May 2023: |
30/11/23 | 31/5/23 |
£ | £ |
Balance outstanding at start of period |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of period |
The loan has no fixed repayment terms. Interest on the loan of £892 was charged in the period (year end 31 May 2023 - £1,726) at the HMRC official rate of interest. |