Company Registration No. 10252067 (England and Wales)
Pluto Services Limited
Unaudited accounts
for the year ended 31 December 2019
Pluto Services Limited
Unaudited accounts
Contents
Pluto Services Limited
Company Information
for the year ended 31 December 2019
Directors
Alexander Rainey
Harry Williams
Company Number
10252067 (England and Wales)
Registered Office
Flat 22
21 Rosina Street
London
E9 6JH
United Kingdom
Accountants
The Accountancy Cloud
12-18 Hoxton Street
London
N1 6NG
UK
Pluto Services Limited
Statement of financial position
as at
31 December 2019
Tangible assets
7,380
646
Cash at bank and in hand
569,280
44,066
Creditors: amounts falling due within one year
(12,972)
(4,954)
Net current assets
560,067
39,112
Net assets
567,447
39,758
Called up share capital
198
134
Share premium
936,549
129,893
Profit and loss account
(369,300)
(90,269)
Shareholders' funds
567,447
39,758
For the year ending 31 December 2019 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 directors acknowledge their 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.
Approved by the Board on 29 February 2020.
Alexander Rainey
Director
Company Registration No. 10252067
Pluto Services Limited
Notes to the Accounts
for the year ended 31 December 2019
Pluto Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10252067. The registered office is Flat 22, 21 Rosina Street, London, E9 6JH, United Kingdom.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
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:
Computer equipment
33% per annum
Expenditure on research and development is written off in the year in which it is incurred.
Research and development tax credit
During the financial year, Pluto Servies Limited received a tax credit for qualifying research and development expenditure under the Research and Development tax relief scheme. This is presented as a tax repayment in the Income Statement in line with disclosure requirements under FRS 102.
Pluto Services Limited
Notes to the Accounts
for the year ended 31 December 2019
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
At 31 December 2019
8,356
At 31 December 2019
7,380
Accrued income and prepayments
583
-
6
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
2,608
-
Other creditors
10,186
2,916
Loans from directors
(717)
898
7
Average number of employees
During the year the average number of employees was 2 (2018: 1).