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REGISTERED NUMBER: 08229064 (England and Wales)















PLANET STRATEGY LIMITED

Unaudited Financial Statements For The Year Ended 31 October 2024






PLANET STRATEGY LIMITED (REGISTERED NUMBER: 08229064)






Contents of the Financial Statements
For The Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

PLANET STRATEGY LIMITED

Company Information
For The Year Ended 31 October 2024







DIRECTOR: Dr T S Pitsis





SECRETARY: Mrs S L Berry





REGISTERED OFFICE: 23 Mill Grove
North Shields
Tyne and Wear
NE30 2JP





REGISTERED NUMBER: 08229064 (England and Wales)





ACCOUNTANTS: Sadler Joyce Ltd
Chartered Certified Accountant
18 Norham Road
Whitley Bay
Tyne and Wear
NE26 2SD

PLANET STRATEGY LIMITED (REGISTERED NUMBER: 08229064)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,024 1,053

CURRENT ASSETS
Cash at bank 10,385 13,939

CREDITORS
Amounts falling due within one year 5 11,752 13,384
NET CURRENT (LIABILITIES)/ASSETS (1,367 ) 555
TOTAL ASSETS LESS CURRENT
LIABILITIES

(343

)

1,608

PROVISIONS FOR LIABILITIES 6 195 200
NET (LIABILITIES)/ASSETS (538 ) 1,408

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (540 ) 1,406
SHAREHOLDERS' FUNDS (538 ) 1,408

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

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

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2025 and were signed by:





Dr T S Pitsis - Director


PLANET STRATEGY LIMITED (REGISTERED NUMBER: 08229064)

Notes to the Financial Statements
For The Year Ended 31 October 2024

1. STATUTORY INFORMATION

Planet Strategy 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.

2. ACCOUNTING POLICIES

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

Significant judgements
There were no judgements made that were significant enough to warrant disclosure.

Turnover
Turnover represents rental income from properties and excludes VAT as the company is not VAT registered. The revenue is recognised on an accruals basis.

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 - 15% on cost
Computer equipment - 33% on reducing balance

Significant estimates
There were no estimates made that were significant enough to warrant disclosure.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 November 2023 645 2,503 3,148
Additions - 442 442
At 31 October 2024 645 2,945 3,590
DEPRECIATION
At 1 November 2023 521 1,574 2,095
Charge for year 18 453 471
At 31 October 2024 539 2,027 2,566
NET BOOK VALUE
At 31 October 2024 106 918 1,024
At 31 October 2023 124 929 1,053

PLANET STRATEGY LIMITED (REGISTERED NUMBER: 08229064)

Notes to the Financial Statements - continued
For The Year Ended 31 October 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security (448 ) 669
Other creditors 12,200 12,715
11,752 13,384

Included in other creditors are amounts owed to the Directors, this year they were owed £11,332 (£11,879 - 2023)

6. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 195 200

Deferred
tax
£   
Balance at 1 November 2023 200
Provided during year (5 )
Balance at 31 October 2024 195

7. RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken that required disclosure under FRS 102 section 1A small entities.

PLANET STRATEGY LIMITED

Report of the Accountants to the Director of
Planet Strategy Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Sadler Joyce Ltd
Chartered Certified Accountant
18 Norham Road
Whitley Bay
Tyne and Wear
NE26 2SD


22 May 2025