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REGISTERED NUMBER: 07471510 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Planet (Boutique) Clothing 93 Limited

Planet (Boutique) Clothing 93 Limited (Registered number: 07471510)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Planet (Boutique) Clothing 93 Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Miss J Lawday
N Walker





REGISTERED OFFICE: 8 The Arcade
Bedford
Bedfordshire
MK40 1NS





REGISTERED NUMBER: 07471510 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Planet (Boutique) Clothing 93 Limited (Registered number: 07471510)

Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 875 1,831

CURRENT ASSETS
Stocks 23,296 22,819
Debtors 6 3,204 206
Cash at bank and in hand 8,211 20,335
34,711 43,360
CREDITORS
Amounts falling due within one year 7 31,583 37,019
NET CURRENT ASSETS 3,128 6,341
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,003

8,172

CREDITORS
Amounts falling due after more than one year 8 (5,846 ) (9,811 )

PROVISIONS FOR LIABILITIES (166 ) (348 )
NET LIABILITIES (2,009 ) (1,987 )

CAPITAL AND RESERVES
Called up share capital 101 101
Allotted, called up and fully
paid share capital (2,110 ) (2,088 )
SHAREHOLDERS' FUNDS (2,009 ) (1,987 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 (Boutique) Clothing 93 Limited (Registered number: 07471510)

Statement of Financial Position - continued
31 January 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:





Miss J Lawday - Director


Planet (Boutique) Clothing 93 Limited (Registered number: 07471510)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Planet (Boutique) Clothing 93 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 3 ) .

Planet (Boutique) Clothing 93 Limited (Registered number: 07471510)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 2,715 2,363 5,078
DEPRECIATION
At 1 February 2023 2,390 857 3,247
Charge for year 260 696 956
At 31 January 2024 2,650 1,553 4,203
NET BOOK VALUE
At 31 January 2024 65 810 875
At 31 January 2023 325 1,506 1,831

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Prepayments and accrued income 3,204 206

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 3,800 3,800
Trade creditors 1,114 4,676
Tax 646 747
Social security and other taxes 779 718
VAT 7,491 7,730
Other creditors 1,795 2,230
Directors' current accounts 12,574 12,756
Accruals and deferred income 3,384 4,362
31,583 37,019

The company director has given a personal guarantee in respect of the company's overdraft.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans - 1-2 years 3,800 3,800
Bank loans - 2-5 years 2,046 6,011
5,846 9,811