Abbreviated Company Accounts - PARKFIELD COMPUTERS LIMITED

PARKFIELD COMPUTERS LIMITED - Company Information

02228174 PARKFIELD COMPUTERS LIMITED 2013-06-30 false 2012-07-04 2013-06-30 true 02228174 2012-07-04 2013-06-30 02228174 2013-06-30 02228174 2012-07-03 02228174 uk-gaap-cd-bus:Director1 2012-07-04 2013-06-30 02228174 uk-gaap-cd-bus:Director2 2012-07-04 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-07-04 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2012-07-03 iso4217:GBP shares

Registered Number 02228174

PARKFIELD COMPUTERS LIMITED

Abbreviated Accounts

30 June 2013

PARKFIELD COMPUTERS LIMITED Registered Number 02228174

Abbreviated Balance Sheet as at 30 June 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	197,695	188,510
		197,695	188,510
Current assets
Debtors		299	-
Cash at bank and in hand		372	89
		671	89
Creditors: amounts falling due within one year		(225,289)	(215,168)
Net current assets (liabilities)		(224,618)	(215,079)
Total assets less current liabilities		(26,923)	(26,569)
Total net assets (liabilities)		(26,923)	(26,569)
Capital and reserves
Called up share capital	3	2	2
Profit and loss account		(26,925)	(26,571)
Shareholders' funds		(26,923)	(26,569)

For the year ending 30 June 2013 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 23 September 2014

And signed on their behalf by:
TALI MILLER, Director

PARKFIELD COMPUTERS LIMITED Registered Number 02228174

Notes to the Abbreviated Accounts for the period ended 30 June 2013

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.

Turnover policy
The turnover shown in the income and expenditure account represents amounts invoiced during the year.

Other accounting policies
Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against income on a straight line basis over the period of the lease.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2Tangible fixed assets

	£
Cost
At 4 July 2012	188,510
Additions	-
Disposals	-
Revaluations	9,185
Transfers	-
At 30 June 2013	197,695
Depreciation
At 4 July 2012	-
Charge for the year	-
On disposals	-
At 30 June 2013	-
Net book values
At 30 June 2013	197,695
At 3 July 2012	188,510

Fixed assets

All fixed assets are initially recorded at cost.

3Called Up Share Capital
Allotted, called up and fully paid:

	2013 £	2012 £
2 Ordinary shares of £1 each	2	2