Park Farm Power Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07457741 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2021

for

Park Farm Power Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr A Fogg

Mrs R J Fogg

REGISTERED OFFICE:

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

REGISTERED NUMBER:

07457741 (England and Wales)

ACCOUNTANTS:

Haines Watts

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

FIXED ASSETS

Tangible assets

4

39,963

44,295

CURRENT ASSETS

Debtors

5

743

1,110

Cash at bank

105

36

848

1,146

CREDITORS

Amounts falling due within one year

6

114,660

113,370

NET CURRENT LIABILITIES

(113,812

)

(112,224

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(73,849

)

(67,929

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(73,851

)

(67,931

)

SHAREHOLDERS' FUNDS

(73,849

)

(67,929

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2021 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 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 Board of Directors and authorised for issue on 9 April 2021 and were signed on its behalf by:

Mr A Fogg - Director

1.	STATUTORY INFORMATION

Park Farm Power Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 February 2020

and 31 January 2021

971

113,722

114,693

DEPRECIATION

At 1 February 2020

-

70,398

70,398

Charge for year

-

4,332

4,332

At 31 January 2021

-

74,730

74,730

NET BOOK VALUE

At 31 January 2021

971

38,992

39,963

At 31 January 2020

971

43,324

44,295

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.21

31.1.20

£

£

Other debtors

743

1,110

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.21

31.1.20

£

£

Other creditors

114,660

113,370