Plantabox Limited - Limited company - abbreviated - 11.9

Plantabox Limited - Limited company - abbreviated - 11.9

PLANTABOX LIMITED - Company Information

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06528527 D R Wilson Mrs L A Wilson M E Humphries 1.4.14 31.3.15 31.3.15 Company accounts Private Limited Company FY true false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure065285272014-03-31065285272015-03-31065285272014-04-012015-03-31065285272013-03-31065285272013-04-012014-03-31065285272014-03-3106528527ns12:England2014-04-012015-03-3106528527ns14:PoundSterling2014-04-012015-03-3106528527ns7:Director12014-04-012015-03-3106528527ns7:Director22014-04-012015-03-3106528527ns7:Director32014-04-012015-03-3106528527ns7:OrdinaryShareClass12014-04-012015-03-3106528527ns7:RegisteredOffice2014-04-012015-03-3106528527ns7:EntityAccountantsOrAuditors2014-04-012015-03-3106528527ns7:OrdinaryShareClass12015-03-3106528527ns7:OrdinaryShareClass12014-03-31
REGISTERED NUMBER: 06528527 (England and Wales)
















Abbreviated unaudited accounts

for the year ended 31st March 2015

For

PLANTABOX LIMITED

PLANTABOX LIMITED (REGISTERED NUMBER: 06528527)






Contents of the abbreviated accounts
for the year ended 31st March 2015




Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 4

PLANTABOX LIMITED

Company information
for the year ended 31st March 2015







DIRECTORS: D R Wilson
M E Humphries
Mrs L A Wilson





REGISTERED OFFICE: Unit 5 Clyst Units
Cofton Road
Marsh Barton
Exeter
Devon
EX2 8QW





REGISTERED NUMBER: 06528527 (England and Wales)





ACCOUNTANTS: Barkers
No 7 Sportsmans
Camelford
Cornwall
PL32 9QT
Page 1
PLANTABOX LIMITED (REGISTERED NUMBER: 06528527)

Abbreviated balance sheet
31st March 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 40,328 48,228
Tangible assets 3 50,095 51,257
90,423 99,485

CURRENT ASSETS
Stocks 26,150 30,000
Debtors 45,957 43,557
Cash at bank 25,262 21,484
97,369 95,041
CREDITORS
Amounts falling due within one year 78,956 62,390
NET CURRENT ASSETS 18,413 32,651
TOTAL ASSETS LESS CURRENT
LIABILITIES
108,836
132,136

CREDITORS
Amounts falling due after more than one
year
3,733
69,033
NET ASSETS 105,103 63,103

CAPITAL AND RESERVES
Called up share capital 4 2 2
Profit and loss account 105,101 63,101
SHAREHOLDERS' FUNDS 105,103 63,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2015 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.

The notes form part of these abbreviated accounts

Page 2 continued...
PLANTABOX LIMITED (REGISTERED NUMBER: 06528527)

Abbreviated balance sheet - continued
31st March 2015


The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the Board of Directors on 16th November 2015 and were signed on its behalf
by:




D R Wilson - Director Mrs L A Wilson - Director




M E Humphries - Director


The notes form part of these abbreviated accounts

Page 3
PLANTABOX LIMITED (REGISTERED NUMBER: 06528527)

Notes to the abbreviated accounts
for the year ended 31st March 2015

1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the
Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.


Plant & machinery15% per annum, reducing balance
Plant & machinery - finance leased 50% per annum, on cost
Fixtures & fittings15% per annum, reducing balance
Web site design20% per annum, on cost
Computer equipment33% per annum, on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the profit and loss account over the relevant period. The
capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the
period of the lease.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2014
and 31st March 2015 79,170
AMORTISATION
At 1st April 2014 30,942
Amortisation for year 7,900
At 31st March 2015 38,842
NET BOOK VALUE

At 31st March 2015 40,328
At 31st March 2014 48,228

Page 4 continued...
PLANTABOX LIMITED (REGISTERED NUMBER: 06528527)

Notes to the abbreviated accounts - continued
for the year ended 31st March 2015

3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1st April 2014 92,353
Additions 20,631
At 31st March 2015 112,984
DEPRECIATION
At 1st April 2014 41,096
Charge for year 21,793
At 31st March 2015 62,889
NET BOOK VALUE
At 31st March 2015 50,095
At 31st March 2014 51,257

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
2 Ordinary £1 2 2

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the period under review a loan existed between the company and Mr M Humphries a director of the
company.The balance payable to Mr M Humphries as at 31st March 2015 was £0. (31st March 2014 -
£5000).No interest was paid or accrued for the year ended 31st March 2015 (31st March 2014 - £479).
During the period under review a further loan existed between the company and Mr M Humphries a director of
the company. The balance of this loan as at 31st March 2015 was £0. (31st March 2014 - £8255) No interest was
paid or accrued for the year ended 31st March 2015 (31st March 2014 - £700)

Page 5