Parabox Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 09064032 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31ST MARCH 2016

FOR

PARABOX LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr T E Cleavin

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

Londion

W2H 9JQ

REGISTERED NUMBER:

09064032 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

FIXED ASSETS

Tangible assets

2

271

535

CURRENT ASSETS

Debtors

977

1,612

Cash at bank

6,962

620

7,939

2,232

CREDITORS

Amounts falling due within one year

6,673

861

NET CURRENT ASSETS

1,266

1,371

TOTAL ASSETS LESS CURRENT LIABILITIES

1,537

1,906

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

1,437

1,806

SHAREHOLDERS' FUNDS

1,537

1,906

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 13th July 2016 and were signed by:

Mr T E Cleavin - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st April 2015

and 31st March 2016

798

DEPRECIATION

At 1st April 2015

263

Charge for year

264

At 31st March 2016

527

NET BOOK VALUE

At 31st March 2016

271

At 31st March 2015

535

3.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

£

10,000

Share capital 1

£0.01

100

100