Abbreviated Company Accounts - LE PETIT PARLOUR LIMITED

LE PETIT PARLOUR LIMITED - Company Information

09432757 LE PETIT PARLOUR LIMITED 2016-02-28 false 2015-02-10 2016-02-28 true 09432757 2015-02-10 2016-02-28 09432757 2016-02-28 09432757 uk-gaap-cd-bus:Director1 2015-02-10 2016-02-28 09432757 uk-gaap-cd-bus:Director2 2015-02-10 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-10 2016-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2016-02-28 iso4217:GBP shares

Registered Number 09432757

LE PETIT PARLOUR LIMITED

Abbreviated Accounts

28 February 2016

LE PETIT PARLOUR LIMITED Registered Number 09432757

Abbreviated Balance Sheet as at 28 February 2016

	Notes	2016
		£
Fixed assets
Intangible assets	2	14,500
Tangible assets	3	2,448
		16,948
Current assets
Stocks		1,000
Cash at bank and in hand		1,672
		2,672
Creditors: amounts falling due within one year		(17,414)
Net current assets (liabilities)		(14,742)
Total assets less current liabilities		2,206
Provisions for liabilities		(490)
Total net assets (liabilities)		1,716
Capital and reserves
Called up share capital	4	1
Profit and loss account		1,715
Shareholders' funds		1,716

For the year ending 28 February 2016 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 7 November 2016

And signed on their behalf by:
Ms S Freeth, Director

LE PETIT PARLOUR LIMITED Registered Number 09432757

Notes to the Abbreviated Accounts for the period ended 28 February 2016

1Accounting Policies

Basis of measurement and preparation of accounts
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 policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures and Fittings: 25% on cost

Intangible assets amortisation policy
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of 5 years.

Valuation information and policy
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Other accounting policies
Deferred Tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Intangible fixed assets

	£
Cost
Additions	15,000
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	15,000
Amortisation
Charge for the year	500
On disposals	-
At 28 February 2016	500
Net book values
At 28 February 2016	14,500

3Tangible fixed assets

	£
Cost
Additions	2,554
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2016	2,554
Depreciation
Charge for the year	106
On disposals	-
At 28 February 2016	106
Net book values
At 28 February 2016	2,448

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £
1 Ordinary shares of £1 each	1

1 Ordinary share of £1 each was allotted and fully paid for cash at par during the period.