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 | |
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£ | £ | ||
Current assets | |||
Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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( |
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Net current assets (liabilities) |
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( |
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Total assets less current liabilities |
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( |
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Total net assets (liabilities) |
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( |
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Capital and reserves | |||
Called up share capital | 2 |
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Share premium account |
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Profit and loss account |
( |
( |
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Shareholders' funds |
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( |
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
And signed on their behalf by:
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
Turnover policy
periods on time-based contracts.
Other accounting policies
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.