Accounts Submission

PARCEL NETWORK LIMITED - Company Information

Company Accounts and Tax Online 04821298 Board of Directors 1.8.17 31.7.18 31.7.18 false iso4217:GBP xbrli:pure 04821298 2016-08-01 2017-07-31 04821298 2018-07-31 04821298 2017-08-01 2018-07-31 04821298 2017-07-31 04821298 countries:EnglandWales 2017-08-01 2018-07-31 04821298 curr:PoundSterling 2017-08-01 2018-07-31 04821298 uk-bus:PrivateLimitedCompanyLtd 2017-08-01 2018-07-31 04821298 uk-bus:FRS102 2017-08-01 2018-07-31 04821298 uk-bus:AuditExempt-NoAccountantsReport 2017-08-01 2018-07-31 04821298 uk-bus:FullAccounts 2017-08-01 2018-07-31 04821298 uk-bus:RegisteredOffice 2017-08-01 2018-07-31 04821298 uk-bus:Director1 2017-08-01 2018-07-31 04821298 uk-bus:Director1 2017-08-01 04821298 uk-bus:Director1 2018-07-31 04821298 uk-bus:Director2 2017-08-01 2018-07-31 04821298 uk-bus:Director2 2017-08-01 04821298 uk-bus:Director2 2018-07-31 04821298 core:AfterOneYear 2018-07-31 04821298 core:AfterOneYear 2017-07-31 04821298 core:WithinOneYear 2018-07-31 04821298 core:WithinOneYear 2017-07-31 04821298 core:WithinOneYear 2017-08-01 2018-07-31 04821298 core:AfterOneYear 2018-07-31 04821298 core:AfterOneYear 2017-07-31 04821298 core:AfterOneYear 2017-08-01 2018-07-31 04821298 core:ShareCapital 2018-07-31 04821298 core:ShareCapital 2017-07-31 04821298 core:RevaluationReserve 2018-07-31 04821298 core:RevaluationReserve 2017-07-31 04821298 core:RetainedEarningsAccumulatedLosses 2018-07-31 04821298 core:RetainedEarningsAccumulatedLosses 2017-07-31 04821298 1 2017-08-01 2018-07-31 04821298 core:LandBuildings 2017-08-01 2018-07-31 04821298 core:LandBuildings 2018-07-31 04821298 core:LandBuildings 2016-08-01 2017-07-31 04821298 core:LandBuildings 2017-07-31 04821298 core:PlantMachinery 2017-08-01 2018-07-31 04821298 core:PlantMachinery 2018-07-31 04821298 core:PlantMachinery 2016-08-01 2017-07-31 04821298 core:PlantMachinery 2017-07-31 04821298 core:FurnitureFittingsToolsEquipment 2017-08-01 2018-07-31 04821298 core:FurnitureFittingsToolsEquipment 2018-07-31 04821298 core:FurnitureFittingsToolsEquipment 2016-08-01 2017-07-31 04821298 core:FurnitureFittingsToolsEquipment 2017-07-31 04821298 core:OfficeEquipment 2017-08-01 2018-07-31 04821298 core:OfficeEquipment 2018-07-31 04821298 core:OfficeEquipment 2016-08-01 2017-07-31 04821298 core:OfficeEquipment 2017-07-31 04821298 core:Vehicles 2017-08-01 2018-07-31 04821298 core:Vehicles 2018-07-31 04821298 core:Vehicles 2016-08-01 2017-07-31 04821298 core:Vehicles 2017-07-31 04821298 core:NetGoodwill 2017-08-01 2018-07-31 04821298 core:NetGoodwill 2018-07-31 04821298 core:NetGoodwill 2016-08-01 2017-07-31 04821298 core:NetGoodwill 2017-07-31 04821298 core:IntangibleAssetsOtherThanGoodwill 2017-08-01 2018-07-31 04821298 core:IntangibleAssetsOtherThanGoodwill 2018-07-31 04821298 core:IntangibleAssetsOtherThanGoodwill 2016-08-01 2017-07-31 04821298 core:IntangibleAssetsOtherThanGoodwill 2017-07-31

Company Registration Number:
04821298 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2018

Period of accounts

Start date: 01 August 2017

End date: 31 July 2018

Contents of the Financial Statements

for the Period Ended 31 July 2018


Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 7

Balance sheet

As at 31 July 2018

	Notes	2018 £	2017 £
Fixed assets
Tangible assets:	2	4,227	12,847
Total fixed assets:		4,227	12,847
Current assets
Debtors:	3	3,991	48,745
Cash at bank and in hand:		19,243	10,711
Total current assets:		23,234	59,456
Creditors: amounts falling due within one year:	4	( 215,741 )	( 210,372 )
Net current assets (liabilities):		( 192,507 )	( 150,916 )
Total assets less current liabilities:		( 188,280 )	( 138,069 )
Total net assets (liabilities):		( 188,280 )	( 138,069 )

The notes form part of these financial statements

Balance sheet continued

As at 31 July 2018

	2018 £	2017 £
Capital and reserves
Called up share capital:	100	100
Profit and loss account:	( 188,380 )	( 138,169 )
Shareholders funds:	( 188,280 )	( 138,069 )

For the year ending 31 July 2018 the company was entitled to exemption 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.

This report was approved by the board of directors on 30 April 2019
And Signed On Behalf Of The Board By:

Name: aaron saran
Status: Director

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 July 2018

1. Accounting policies

Basis of measurement and preparation

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The Turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT.

Notes to the Financial Statements

for the Period Ended 31 July 2018

2. Tangible assets

	Plant & machinery	Office equipment	Total
Cost	£	£	£
At 01 August 2017	159,910	13,361	173,271
Additions	-	-	-
Disposals	(150,000)	-	(150,000)
Revaluations	-	-	-
Transfers	-	-	-
At 31 July 2018	9,910	13,361	23,271
Depreciation
At 01 August 2017	149,822	10,602	160,424
Charge for year	-	-	-
On disposals	(141,380)	-	(141,380)
Other adjustments	-	-	-
At 31 July 2018	8,442	10,602	19,044
Net book value
At 31 July 2018	1,468	2,759	4,227
At 31 July 2017	10,088	2,759	12,847

Notes to the Financial Statements

for the Period Ended 31 July 2018

3. Debtors

	2018 £	2017 £
Trade debtors		43,245
Other debtors	3,991	5,500
Total	3,991	48,745

Notes to the Financial Statements

for the Period Ended 31 July 2018

4.Creditors: amounts falling due within one year note

	2018 £	2017 £
Bank loans and overdrafts	26,285	12,169
Trade creditors	10,951	17,732
Taxation and social security	178,505	180,471
Total	215,741	210,372

Director:		aaron saran
		jagjit saran


Registered office:		Unit 7c Bay 3 Boeing Way Southall Middlesex UB2 5LB


Company Registration Number:		04821298 (England and Wales)

Accounts Submission