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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
Page
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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
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Martin's Planet Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
12,759 
20,613 
Investments
200 
200 
12,959 
20,813 
Current assets
Debtors
22,500 
22,500 
Cash at bank and in hand
129 
32 
22,629 
22,532 
Creditors: amounts falling due within one year
(110,234)
(109,337)
Net current liabilities
(87,605)
(86,805)
Net liabilities
(74,646)
(65,992)
Capital and reserves
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
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Martin's Planet Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Investments
Investments in shares in subsidiaries are measured at cost.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
78,535 
At 31 March 2024
78,535 
Amortisation
At 1 April 2023
57,922 
Charge for the year
7,854 
At 31 March 2024
65,776 
Net book value
At 31 March 2024
12,759 
At 31 March 2023
20,613 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
200 
Valuation at 31 March 2024
200 
Investments are measured at cost.
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Martin's Planet Limited Notes to the Accounts for the year ended 31 March 2024
6
Debtors
2024 
2023 
£ 
£ 
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 
Accruals
1,700 
1,000 
110,234 
109,337 
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).
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