Registered number
12493888
PLANETFX LTD
Filleted Accounts
31 March 2024
Apex Associates LLP
Accountants & Tax Consultants
58A Ilford Lane
Ilford
Essex
IG1 2JY
PLANETFX LTD
Registered number: 12493888
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 478 531
Current assets
Cash at bank and in hand 61 901
Creditors: amounts falling due within one year 4 (4,575) (3,329)
Net current liabilities (4,514) (2,428)
Net liabilities (4,036) (1,897)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (5,036) (2,897)
Shareholder's funds (4,036) (1,897)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Reetesh Mohabeer
Director
Approved by the board on 12 November 2024
PLANETFX LTD
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
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