Abbreviated Company Accounts - PARMAR PROPERTIES LIMITED

Abbreviated Company Accounts - PARMAR PROPERTIES LIMITED

PARMAR PROPERTIES LIMITED - Company Information

Print Friendly Version

Registered Number 04265551

PARMAR PROPERTIES LIMITED

Abbreviated Accounts

31 August 2015

PARMAR PROPERTIES LIMITED Registered Number 04265551

Abbreviated Balance Sheet as at 31 August 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 1 1
Tangible assets 3 3,252,821 3,213,377
3,252,822 3,213,378
Current assets
Debtors 22,355 13,731
Cash at bank and in hand 17,962 8,014
40,317 21,745
Creditors: amounts falling due within one year (3,185,128) (3,121,450)
Net current assets (liabilities) (3,144,811) (3,099,705)
Total assets less current liabilities 108,011 113,673
Total net assets (liabilities) 108,011 113,673
Capital and reserves
Called up share capital 2 2
Profit and loss account 108,009 113,671
Shareholders' funds 108,011 113,673
  • For the year ending 31 August 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.

Approved by the Board on 14 May 2016

And signed on their behalf by:
MR H PARMAR, Director

PARMAR PROPERTIES LIMITED Registered Number 04265551

Notes to the Abbreviated Accounts for the period ended 31 August 2015

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
Turnover in the accounts represents amounts invoiced during the year

Tangible assets depreciation policy
Plant & Machinery 15%
Fixtures & Fittings 15%

2Intangible fixed assets
£
Cost
At 1 September 2014 1
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2015 1
Amortisation
At 1 September 2014 -
Charge for the year -
On disposals -
At 31 August 2015 -
Net book values
At 31 August 2015 1
At 31 August 2014 1
3Tangible fixed assets
£
Cost
At 1 September 2014 3,365,632
Additions 48,420
Disposals -
Revaluations -
Transfers -
At 31 August 2015 3,414,052
Depreciation
At 1 September 2014 152,255
Charge for the year 8,976
On disposals -
At 31 August 2015 161,231
Net book values
At 31 August 2015 3,252,821
At 31 August 2014 3,213,377