Parkson Foods Limited

Parkson Foods Limited

PARKSON FOODS LIMITED - Company Information

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1 October 2019 false No description of principal activity Taxfiler 2021.7 09099286business:PrivateLimitedCompanyLtd2019-10-012020-09-30 090992862019-09-30 090992862019-10-012020-09-30 09099286business:AuditExempt-NoAccountantsReport2019-10-012020-09-30 09099286business:FullAccounts2019-10-012020-09-30 090992862020-09-30 09099286business:Director12019-10-012020-09-30 09099286business:RegisteredOffice2019-10-012020-09-30 090992862019-09-30 09099286core:WithinOneYear2020-09-30 09099286core:WithinOneYear2019-09-30 09099286core:AfterOneYear2020-09-30 09099286core:AfterOneYear2019-09-30 09099286core:ShareCapital2020-09-30 09099286core:ShareCapital2019-09-30 09099286core:RetainedEarningsAccumulatedLosses2020-09-30 09099286core:RetainedEarningsAccumulatedLosses2019-09-30 09099286business:SmallEntities2019-10-012020-09-30 09099286countries:EnglandWales2019-10-012020-09-30 09099286core:MotorVehicles2019-09-30 09099286core:FurnitureFittings2019-09-30 09099286core:MotorVehicles2020-09-30 09099286core:FurnitureFittings2020-09-30 09099286core:MotorVehicles2019-10-012020-09-30 09099286core:FurnitureFittings2019-10-012020-09-30 090992862018-10-012019-09-30 iso4217:GBP xbrli:pure
Company Registration No. 09099286 (England and Wales)
Parkson Foods Limited Unaudited accounts for the year ended 30 September 2020
Parkson Foods Limited Unaudited accounts Contents
Page
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Parkson Foods Limited Company Information for the year ended 30 September 2020
Director
Kelvin Kai Chun Huynh
Company Number
09099286 (England and Wales)
Registered Office
2-4 CLARENCE ROAD SOUTHEND ON SEA ESSEX SS1 1AN ENGLAND
Accountants
Linda Claydon FCCA on behalf of J G WANG & CO. 28 Friars Street Sudbury Suffolk CO10 2AA
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Parkson Foods Limited Statement of financial position as at 30 September 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
21,958 
26,778 
Current assets
Inventories
3,114 
3,114 
Debtors
5
14,543 
13,777 
Cash at bank and in hand
23,644 
14,842 
41,301 
31,733 
Creditors: amounts falling due within one year
6
(60,535)
(61,149)
Net current liabilities
(19,234)
(29,416)
Total assets less current liabilities
2,724 
(2,638)
Creditors: amounts falling due after more than one year
7
(12,930)
(12,930)
Net liabilities
(10,206)
(15,568)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(10,306)
(15,668)
Shareholders' funds
(10,206)
(15,568)
For the year ending 30 September 2020 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 June 2021 and were signed on its behalf by
Kelvin Kai Chun Huynh Director Company Registration No. 09099286
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Parkson Foods Limited Notes to the Accounts for the year ended 30 September 2020
1
Statutory information
Parkson Foods Limited is a private company, limited by shares, registered in England and Wales, registration number 09099286. The registered office is 2-4 CLARENCE ROAD, SOUTHEND ON SEA, ESSEX, SS1 1AN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2019
29,928 
17,949 
47,877 
At 30 September 2020
29,928 
17,949 
47,877 
Depreciation
At 1 October 2019
9,804 
11,295 
21,099 
Charge for the year
3,622 
1,198 
4,820 
At 30 September 2020
13,426 
12,493 
25,919 
Net book value
At 30 September 2020
16,502 
5,456 
21,958 
At 30 September 2019
20,124 
6,654 
26,778 
5
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
VAT
229 
- 
Trade debtors
382 
12,875 
Accrued income and prepayments
13,932 
902 
14,543 
13,777 
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Parkson Foods Limited Notes to the Accounts for the year ended 30 September 2020
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
VAT
244 
- 
Trade creditors
5,728 
21,158 
Taxes and social security
2,430 
- 
Other creditors
2,446 
- 
Loans from directors
28,687 
31,096 
Accruals
21,000 
8,895 
60,535 
61,149 
7
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
12,930 
12,930 
8
Average number of employees
During the year the average number of employees was 3 (2019: 3).
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