2014-04-01
true
false
Private Limited Company
06177285
2015-03-31
06177285
2014-04-01
2015-03-31
06177285
2014-03-31
06177285
2013-04-01
2014-03-31
06177285
uk-bus:Director1
2014-04-01
2015-03-31
06177285
uk-bus:OrdinaryShareClass1
2015-03-31
iso4217:GBP
| Parallel Pipeline Limited |
For the year ended 31 March 2015
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06177285
2
Parallel Pipeline Limited
For the year ended 31 March 2015
1
Balance Sheet
2 to 3
Notes to the Abbreviated Financial Statements
3
| Abbreviated Balance Sheet |
Parallel Pipeline Limited
2015
2014
3
953
223
953
223
26,302
15,943
7,255
45
23,198
26,347
| Creditors: amounts falling due within one year |
(21,255)
(14,849)
5,092
8,349
Net current assets
| Total assets less current liabilities |
9,302
5,315
| Creditors: amounts falling due after more than one year |
(260)
(5,335)
3,967
Net assets
5,055
100
4
100
3,867
4,955
3,967
5,055
Shareholders funds
| For the year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. |
| Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; |
| 2) 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 in accordance with the provisions applicable to companies subject to the small companies' regime. |
| Date approved by the board: 08 December 2015 |
| Signed on behalf of the board of directors |
1 of 3
4
| Notes to the Abbreviated Financial Statements |
For the year ended 31 March 2015
Parallel Pipeline Limited
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
| Proposed dividends are only included as liabilities in the financial statements when their payment has been approved |
| by the shareholders prior to the balance sheet date. |
| Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the |
| estimated expected useful economic life of the goodwill of 4 years. |
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
| 2 Intangible fixed assets |
10,000
10,000
10,000
10,000
-
-
2 of 3
5
| Notes to the Abbreviated Financial Statements |
For the year ended 31 March 2015
Parallel Pipeline Limited
1,501
1,048
2,549
1,278
318
Charge for year
1,596
953
223
| Allotted called up and fully paid |
2015
2014
| 100 Ordinary shares of £1.00 each |
100
100
100
100
3 of 3
