Accounts filed on 31-12-2013
Accounts filed on 31-12-2013
trueParklife Innovations Ltd076298872013-12-31-106920-6748788724820523002200113492113492887248205764787647885350124683276236002726360357885398395815952151006393324121951303590577276465640644418791708322777Basis of accounting
The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over
the useful economic life of that asset as follows:
Patents-over 20 years
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance
for obsolete and slow moving items.
Fixed Assets
All fixed assets are initially recorded at cost.
Plant & MachineryReducing balance0.2500
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
460904507110195446319222543390133901168181112456947999178972101922264143167948Ordinary2200122002200"A" Ordinary10011000Ordinary1220022002200"A" Ordinary1100100Ordinary1100100100The company issued 100 'A' Ordinary £1 shares at par value on 1st June 2013.
2014-05-14Mr A A Wenneslandtruetruetruetruexbrli:sharesiso4217:GBPxbrli:pureParklife Innovations Ltd2013-01-012013-12-31Parklife Innovations Ltd2011-08-012012-12-31Parklife Innovations Ltd2011-07-31Parklife Innovations Ltd2012-12-31Parklife Innovations Ltd2012-12-31Parklife Innovations Ltd2013-12-31 2014-09-29
