P F Partners Ltd Filleted accounts for Companies House (small and micro)
P F Partners Ltd Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
09641407
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
4 |
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Current assets
Debtors |
5 |
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Cash at bank and in hand |
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--------- |
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Creditors: amounts falling due within one year |
6 |
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Net current liabilities |
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--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
7 |
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Provisions |
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--------- |
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Net liabilities |
(
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(
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Capital and reserves
Called up share capital |
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Profit and loss account |
(
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(
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---- |
------- |
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Shareholders deficit |
(
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(
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
16 March 2022
, and are signed on behalf of the board by:
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Director |
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Company registration number:
09641407
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Notes to the Financial Statements |
Year ended 30 June 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH, United Kingdom.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings |
- |
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Investment property
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Provisions
Financial instruments
4.
Tangible assets
Freehold property |
Fixtures and fittings |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 July 2020 and 30 June 2021 |
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Depreciation |
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At 1 July 2020 and 30 June 2021 |
– |
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------- |
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Carrying amount |
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At 30 June 2021 |
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– |
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------- |
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At 30 June 2020 |
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– |
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The investment property are stated at fair value as at 30 June 2021 having considered the open market value of the property. No independent valuation was undertaken.
5.
Debtors
2021 |
2020 |
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£ |
£ |
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Other debtors |
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6.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Corporation tax |
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Other creditors |
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7.
Creditors:
amounts falling due after more than one year
2021 |
2020 |
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£ |
£ |
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Bank loans and overdrafts |
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