Company Registration No. 07993887 (England and Wales)
Martin's Planet Limited
Unaudited accounts
for the year ended 31 March 2024
Martin's Planet Limited
Unaudited accounts
Contents
Martin's Planet Limited
Company Information
for the year ended 31 March 2024
Directors
Joseph Arowolo Martin
Cecilia Biveson
Company Number
07993887 (England and Wales)
Registered Office
321 KINGSLAND ROAD
LONDON
E8 4DL
UNITED KINGDOM
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Martin's Planet Limited
Statement of financial position
as at 31 March 2024
Intangible assets
12,759
20,613
Cash at bank and in hand
129
32
Creditors: amounts falling due within one year
(110,234)
(109,337)
Net current liabilities
(87,605)
(86,805)
Net liabilities
(74,646)
(65,992)
Called up share capital
200
200
Profit and loss account
(74,846)
(66,192)
Shareholders' funds
(74,646)
(65,992)
For the year ending 31 March 2024 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.
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 21 October 2024 and were signed on its behalf by
Joseph Arowolo Martin
Director
Company Registration No. 07993887
Martin's Planet Limited
Notes to the Accounts
for the year ended 31 March 2024
Martin's Planet Limited is a private company, limited by shares, registered in England and Wales, registration number 07993887. The registered office is 321 KINGSLAND ROAD, LONDON, E8 4DL, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Investments in shares in subsidiaries are measured at cost.
4
Intangible fixed assets
Other
5
Investments
Subsidiary undertakings
Valuation at 1 April 2023
200
Valuation at 31 March 2024
200
Investments are measured at cost.
Martin's Planet Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Other debtors
22,500
22,500
7
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
106,259
106,062
Loans from directors
2,275
2,275
8
Transactions with related parties
The company has a loan from it's subsidiary MAP Hospitality Ltd. At the year end the amount owing to MAP Hospitality Ltd was £101,932 (2023: £101,935)
The company has an intercompany balance with it's subsidiary MAP Maison Ltd. At the year end the amount owing to MAP Maison Ltd was £4,327 (2023: £4,127)
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).