Abbreviated Company Accounts - PARTH SERVICES LIMITED

Abbreviated Company Accounts - PARTH SERVICES LIMITED

PARTH SERVICES LIMITED - Company Information

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Registered Number 04964751

PARTH SERVICES LIMITED

Abbreviated Accounts

31 March 2015

PARTH SERVICES LIMITED Registered Number 04964751

Abbreviated Balance Sheet as at 31 March 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 1 1
Tangible assets 3 631,208 638,689
631,209 638,690
Current assets
Stocks 39,012 66,705
Debtors 822 3,910
Cash at bank and in hand 237,142 166,692
276,976 237,307
Creditors: amounts falling due within one year 4 (194,703) (162,249)
Net current assets (liabilities) 82,273 75,058
Total assets less current liabilities 713,482 713,748
Creditors: amounts falling due after more than one year 4 (560,692) (588,018)
Total net assets (liabilities) 152,790 125,730
Capital and reserves
Called up share capital 100 100
Profit and loss account 152,690 125,630
Shareholders' funds 152,790 125,730
  • For the year ending 31 March 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 June 2015

And signed on their behalf by:
Yogesh Jhala, Director

PARTH SERVICES LIMITED Registered Number 04964751

Notes to the Abbreviated Accounts for the period ended 31 March 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Land and buildings Straight line over 50 years
Fixtures and fittings 25% pa Straight line
Motor vehicles 25% pa straight line

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.

2Intangible fixed assets
£
Cost
At 1 April 2014 100,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2015 100,000
Amortisation
At 1 April 2014 99,999
Charge for the year -
On disposals -
At 31 March 2015 99,999
Net book values
At 31 March 2015 1
At 31 March 2014 1
3Tangible fixed assets
£
Cost
At 1 April 2014 806,489
Additions 400
Disposals -
Revaluations -
Transfers -
At 31 March 2015 806,889
Depreciation
At 1 April 2014 167,800
Charge for the year 7,881
On disposals -
At 31 March 2015 175,681
Net book values
At 31 March 2015 631,208
At 31 March 2014 638,689
4Creditors
2015
£		 2014
£
Secured Debts 286,692 314,018