Plantabox Limited - Accounts to registrar - small 17.2
Plantabox Limited - Accounts to registrar - small 17.2
| REGISTERED NUMBER: |
| Unaudited financial statements |
| for the year ended 31st December 2016 |
| For |
| PLANTABOX LIMITED |
| PLANTABOX LIMITED (REGISTERED NUMBER: 06528527) |
| Contents of the financial statements |
| for the year ended 31st December 2016 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| PLANTABOX LIMITED |
| Company information |
| for the year ended 31st December 2016 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| No 7 Sportsmans |
| Camelford |
| Cornwall |
| PL32 9QT |
| PLANTABOX LIMITED (REGISTERED NUMBER: 06528527) |
| Balance sheet |
| 31st December 2016 |
| 2016 | 2015 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| PLANTABOX LIMITED (REGISTERED NUMBER: 06528527) |
| Balance sheet - continued |
| 31st December 2016 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| PLANTABOX LIMITED (REGISTERED NUMBER: 06528527) |
| Notes to the financial statements |
| for the year ended 31st December 2016 |
| 1. | STATUTORY INFORMATION |
| Plantabox Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, |
| value added tax and other sales taxes. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less |
| any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant & machinery | 15% per annum, reducing balance |
| Plant & machinery - finance leased | 50% per annum, on cost |
| Fixtures & fittings | 15% per annum, reducing balance |
| Computer equipment | 33% 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 profit or loss over the relevant period. The capital element of |
| the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| PLANTABOX LIMITED (REGISTERED NUMBER: 06528527) |
| Notes to the financial statements - continued |
| for the year ended 31st December 2016 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Other |
| intangible |
| Goodwill | assets | Totals |
| £ | £ | £ |
| COST |
| At 1st January 2016 |
| Additions |
| At 31st December 2016 |
| AMORTISATION |
| At 1st January 2016 |
| Charge for year |
| At 31st December 2016 |
| NET BOOK VALUE |
| At 31st December 2016 |
| At 31st December 2015 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st January 2016 |
| Additions |
| Disposals | ( |
) |
| At 31st December 2016 |
| DEPRECIATION |
| At 1st January 2016 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31st December 2016 |
| NET BOOK VALUE |
| At 31st December 2016 |
| At 31st December 2015 |
| PLANTABOX LIMITED (REGISTERED NUMBER: 06528527) |
| Notes to the financial statements - continued |
| for the year ended 31st December 2016 |
| 5. | TANGIBLE FIXED ASSETS - continued |
| Fixed assets, included in the above, which are held under finance leases are as follows: |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st January 2016 |
| Transfer to ownership | (16,995 | ) |
| At 31st December 2016 |
| DEPRECIATION |
| At 1st January 2016 |
| Transfer to ownership | (14,882 | ) |
| At 31st December 2016 |
| NET BOOK VALUE |
| At 31st December 2016 |
| At 31st December 2015 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2016 | 2015 |
| £ | £ |
| Finance leases |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | RELATED PARTY DISCLOSURES |
| Dividends of £5,000 each were paid to Lavender Dog Limited and to Mr M Humphries . |
| Management and consultancy fees of £35,000 each were also paid to Lavender Dog Limited and a partnership of |
| which Mr M Humphries is a partner. |
| There is no ultimate controlling party |