Abbreviated Company Accounts - PARABL DATA SOLUTIONS LTD

Abbreviated Company Accounts - PARABL DATA SOLUTIONS LTD


Registered Number 08996665

PARABL DATA SOLUTIONS LTD

Abbreviated Accounts

30 April 2016

PARABL DATA SOLUTIONS LTD Registered Number 08996665

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Current assets
Cash at bank and in hand - 4
- 4
Creditors: amounts falling due within one year 0 (500)
Net current assets (liabilities) 0 (496)
Total assets less current liabilities 0 (496)
Total net assets (liabilities) 0 (496)
Capital and reserves
Called up share capital 2 101 101
Share premium account 109,995 109,995
Profit and loss account (110,096) (110,592)
Shareholders' funds 0 (496)
  • For the year ending 30 April 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 28 November 2016

And signed on their behalf by:
J. Arthur, Director

PARABL DATA SOLUTIONS LTD Registered Number 08996665

Notes to the Abbreviated Accounts for the period ended 30 April 2016

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 represents sales invoiced, net of VAT, less revenue deferred to future
periods on time-based contracts.

Other accounting policies
Corporation Tax
Provision for Corporation Tax is made at the current rate on taxable profits.

Foreign currencies
Transactions in foreign currencies are translated into £ sterling at the rates of exchange
prevailing on the transaction date. Assets and liabilities in foreign currencies are
translated into £ sterling at the rates of exchange prevailing at the balance sheet date.
Exchange differences are taken into account in arriving at the operating profit.

Research and Development
Expenditure on research and development is written off as and when incurred.

2Called Up Share Capital
Allotted, called up and fully paid:
2016
£
2015
£
101,000 Ordinary shares of £0.001 each 101 101