Accounts filed on 31-07-2015


PARCEL NETWORK LIMITED

Company Registration Number:
04821298 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 August 2014

End date: 31 July 2015

PARCEL NETWORK LIMITED

Abbreviated Balance sheet

As at 31 July 2015


Notes

2015
£

2014
£
Fixed assets
Tangible assets: 2 12,847 12,847
Total fixed assets: 12,847 12,847
Current assets
Debtors: 3 62,693 72,178
Total current assets: 62,693 72,178
Creditors: amounts falling due within one year: 4 ( 187,045 ) ( 219,987 )
Net current assets (liabilities): ( 124,352 ) ( 147,809 )
Total assets less current liabilities: ( 111,505 ) ( 134,962 )
Total net assets (liabilities): ( 111,505 ) ( 134,962 )

The notes form part of these financial statements

PARCEL NETWORK LIMITED

Balance sheet continued

As at 31 July 2015


Notes

2015
£

2014
£
Capital and reserves
Called up share capital: 5 100 100
Profit and loss account: ( 111,605 ) ( 135,062 )
Shareholders funds: ( 111,505 ) ( 134,962 )

For the year ending 31 July 2015 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 and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Directors on 28 April 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: Jagjit Saran
Status: Director

The notes form part of these financial statements

PARCEL NETWORK LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 1. Accounting policies

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period, exclusive of VAT

    Tangible fixed assets depreciation policy

    Deprecation has not been done.

PARCEL NETWORK LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 2. Tangible assets

    Total
    Cost £
    01 August 2014: 173,271
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 July 2015: 173,271
    Depreciation
    01 August 2014: 160,424
    Charge for year: 0
    On disposals: 0
    Other adjustments: 0
    31 July 2015: 160,424
    Net book value
    31 July 2015: 12,847
    31 July 2014: 12,847

PARCEL NETWORK LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 3. Debtors


    2015
    £

    2014
    £
    Trade debtors: 62,693 72,178
    Total: 62,693 72,178

PARCEL NETWORK LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 4. Creditors: amounts falling due within one year


    2015
    £

    2014
    £
    Bank loans and overdrafts: 14,045 6,845
    Trade creditors: 24,142
    Taxation and social security: 173,000 189,000
    Total: 187,045 219,987

PARCEL NETWORK LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 July 2015

  • 5. Called up share capital

    Allotted, called up and paid

    Previous period
    2014
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100
    Current period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 100 1.00 100
    Preference shares: 0
    Total share capital (£): 100