R Parkhurst Ltd - Accounts to registrar - small 16.3d

REGISTERED NUMBER: SC508522 (Scotland)

Report of the Director and

Unaudited Financial Statements for the Period 16 June 2015 to 30 June 2016

for

R Parkhurst Ltd

Page

Company Information

1

Report of the Director

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTOR:

R Parkhurst

REGISTERED OFFICE:

52 Townhead Street

Strathaven

Lanarkshire

ML10 6DH

REGISTERED NUMBER:

SC508522 (Scotland)

ACCOUNTANT:

Oliver M. Watt C.A.

19 Middlemuir Road

Lenzie

Glasgow

G66 4NA

The director presents his report with the financial statements of the company for the period 16 June 2015 to 30 June 2016.

INCORPORATION

The company was incorporated on 16 June 2015 and commenced trading on 21 August 2015.

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of mortgage brokers

DIRECTOR

R Parkhurst was appointed as a director on 16 June 2015 and held office during the whole of the period from then to the date of this report.

The director, being eligible, offers himself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

R Parkhurst - Director

17 February 2017

FIXED ASSETS

Tangible assets

2

1,698

CURRENT ASSETS

Cash at bank

2,183

CREDITORS

Amounts falling due within one year

3

9,606

NET CURRENT LIABILITIES

(7,423

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,725

)

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

(5,825

)

SHAREHOLDERS' FUNDS

(5,725

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2016.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 17 February 2017 and were signed by:

R Parkhurst - 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 goods, 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

-

25% on reducing balance

Deferred tax

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

sheet date.

2.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,264

At 30 June 2016

2,264

DEPRECIATION

Charge for period

566

At 30 June 2016

566

NET BOOK VALUE

At 30 June 2016

1,698

3.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

7,619

Other creditors

1,987

9,606

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100