Parquez Properties Limited - Period Ending 2022-02-28
Parquez Properties Limited - Period Ending 2022-02-28
Registration number:
Parquez Properties Limited
for the Year Ended 28 February 2022
Parquez Properties Limited
Contents
|
Company Information |
|
|
Balance Sheet |
|
|
Notes to the Unaudited Financial Statements |
Parquez Properties Limited
Company Information
|
Directors |
Mr Steven James Parker Mr Guillermo Marquez Gonzalez-Andrio |
|
Registered office |
|
|
Accountants |
|
Parquez Properties Limited
(Registration number: 11814378)
Balance Sheet as at 28 February 2022
|
Note |
2022 |
2021 |
|
|
Current assets |
|||
|
Debtors |
|
|
|
|
Cash at bank and in hand |
|
|
|
|
|
|
||
|
Creditors: Amounts falling due within one year |
( |
( |
|
|
Net liabilities |
( |
( |
|
|
Capital and reserves |
|||
|
Called up share capital |
100 |
100 |
|
|
Profit and loss account |
(6,812) |
(3,073) |
|
|
Shareholders' deficit |
(6,712) |
(2,973) |
For the financial year ending 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
|
• |
|
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
|
......................................... |
Parquez Properties Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2022
|
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Parquez Properties Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2022
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
|
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
|
Debtors |
|
2022 |
2021 |
|
|
Other debtors |
|
|
|
|
|
Parquez Properties Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2022
|
Creditors |
Creditors: amounts falling due within one year
|
2022 |
2021 |
|
|
Due within one year |
||
|
Accruals and deferred income |
|
|
|
Other creditors |
|
|
|
|
|
|
Share capital |
Allotted, called up and fully paid shares
|
2022 |
2021 |
|||
|
No. |
£ |
No. |
£ |
|
|
|
|
100 |
|
100 |
|
Related party transactions |
Debtors due within one year include amounts owed from the Directors of £208 (2021: £208). The loan is repayable on demand.
|
Transactions with directors |
|
2022 |
At 1 March 2021 |
Repayments by director |
At 28 February 2022 |
|
Mr Steven James Parker |
|||
|
Amounts owed to/(from) the Director |
( |
- |
( |
|
Mr Guillermo Marquez Gonzalez-Andrio |
|||
|
Amounts owed to/(from) the Director |
( |
- |
( |
|
2021 |
At 29 February 2020 |
Advances to directors |
Repayments by director |
At 28 February 2021 |
|
Mr Steven James Parker |
||||
|
Amounts owed to/(from) the Director |
( |
( |
|
( |
|
Mr Guillermo Marquez Gonzalez-Andrio |
||||
|
Amounts owed to/(from) the Director |
( |
( |
|
( |
Parquez Properties Limited
Notes to the Unaudited Financial Statements for the Year Ended 28 February 2022
Summary of transactions with other related parties