Company Registration No. 10712941 (England and Wales)
PLANET TILES LIMITED
Unaudited accounts
for the year ended 30 April 2024
PLANET TILES LIMITED
Unaudited accounts
Contents
PLANET TILES LIMITED
Company Information
for the year ended 30 April 2024
Company Number
10712941 (England and Wales)
Registered Office
62 Craythorne Gardens
Newcastle Upon Tyne
NE6 5UL
PLANET TILES LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
17,224
22,966
Cash at bank and in hand
5,951
12,161
Creditors: amounts falling due within one year
(71,067)
(61,799)
Net current liabilities
(13,314)
(24,547)
Net assets/(liabilities)
3,910
(1,581)
Called up share capital
1
1
Profit and loss account
3,909
(1,582)
Shareholders' funds
3,910
(1,581)
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 30 January 2025 and were signed on its behalf by
Arshad Shah
Director
Company Registration No. 10712941
PLANET TILES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
PLANET TILES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10712941. The registered office is 62 Craythorne Gardens, Newcastle Upon Tyne, NE6 5UL.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
27,000
1,708
28,708
At 30 April 2024
27,000
1,708
28,708
At 1 May 2023
5,400
342
5,742
Charge for the year
5,400
342
5,742
At 30 April 2024
10,800
684
11,484
At 30 April 2024
16,200
1,024
17,224
At 30 April 2023
21,600
1,366
22,966
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
60,103
-
Taxes and social security
4,445
1,440
PLANET TILES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
6
Average number of employees
During the year the average number of employees was 4 (2023: 4).