Company Registration No. 11671522 (England and Wales)
Planetary International Ltd
Unaudited accounts
for the year ended 30 November 2024
Planetary International Ltd
Unaudited accounts
Contents
Planetary International Ltd
Company Information
for the year ended 30 November 2024
Company Number
11671522 (England and Wales)
Registered Office
7 High Street
Windsor
SL4 1LD
United Kingdom
Accountants
Blue Cube Accountants Limited
7 High Street
Windsor
SL4 1LD
Planetary International Ltd
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
404
10,547
Creditors: amounts falling due within one year
(148,640)
(147,000)
Net current liabilities
(139,236)
(136,453)
Net liabilities
(139,236)
(136,453)
Called up share capital
100
100
Profit and loss account
(139,336)
(136,553)
Shareholders' funds
(139,236)
(136,453)
For the year ending 30 November 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 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 2 April 2025 and were signed on its behalf by
Robert Edwards
Director
Company Registration No. 11671522
Planetary International Ltd
Notes to the Accounts
for the year ended 30 November 2024
Planetary International Ltd is a private company, limited by shares, registered in England and Wales, registration number 11671522. The registered office is 7 High Street, Windsor, SL4 1LD, United Kingdom.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to the UK and Republic of Ireland’ including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.
Amounts falling due within one year
4
Creditors: amounts falling due within one year
2024
2023
Loans from directors
147,500
146,100
Planetary International Ltd
Notes to the Accounts
for the year ended 30 November 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Transactions with related parties
Included in debtors is £9,000 (2023 - nil) owed from SGNL London Limited. This company is owned and controlled by director.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).