Abbreviated Company Accounts - PALLET PANDA LTD

Abbreviated Company Accounts - PALLET PANDA LTD

VELOCITY TRADE AND INVESTMENT LTD - Company Information

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Registered Number 07846803

PALLET PANDA LTD

Abbreviated Accounts

30 November 2014

PALLET PANDA LTD Registered Number 07846803

Abbreviated Balance Sheet as at 30 November 2014

Notes 2014 2013
£ £
Current assets
Debtors 65,052 14,822
Cash at bank and in hand 66,075 2,022
131,127 16,844
Creditors: amounts falling due within one year (108,290) (6,539)
Net current assets (liabilities) 22,837 10,305
Total assets less current liabilities 22,837 10,305
Total net assets (liabilities) 22,837 10,305
Capital and reserves
Called up share capital 10,000 10,000
Profit and loss account 12,837 305
Shareholders' funds 22,837 10,305
  • For the year ending 30 November 2014 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 31 August 2015

And signed on their behalf by:
Mr Yiyuan ZHONG, Director

PALLET PANDA LTD Registered Number 07846803

Notes to the Abbreviated Accounts for the period ended 30 November 2014

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.