Parrashoot Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 08768610 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 November 2016

for

Parrashoot Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mr A G Parr

REGISTERED OFFICE:

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

REGISTERED NUMBER:

08768610 (England and Wales)

ACCOUNTANTS:

Harris & Co Limited

Chartered Accountants

Marland House

13 Huddersfield Road

Barnsley

South Yorkshire

S70 2LW

FIXED ASSETS

Tangible assets

2

4,579

3,484

CURRENT ASSETS

Debtors

3,022

6,233

Cash at bank

74,550

53,695

77,572

59,928

CREDITORS

Amounts falling due within one year

54,184

47,422

NET CURRENT ASSETS

23,388

12,506

TOTAL ASSETS LESS CURRENT
LIABILITIES

27,967

15,990

PROVISIONS FOR LIABILITIES

916

697

NET ASSETS

27,051

15,293

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

26,951

15,193

SHAREHOLDERS' FUNDS

27,051

15,293

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the Company to obtain an audit of its financial statements for the year ended 30 November 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 27 February 2017 and were signed by:

Mr A G Parr - 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 amounts earned on goods and services provided during the year and derives from

the provision of goods and services falling within the company's ordinary activities.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

All fixed assets are initially recorded at cost.

Deferred tax

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

balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over

the period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

5,397

Additions

2,621

At 30 November 2016

8,018

DEPRECIATION

At 1 December 2015

1,913

Charge for year

1,526

At 30 November 2016

3,439

NET BOOK VALUE

At 30 November 2016

4,579

At 30 November 2015

3,484

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

90

A Ordinary

£1

90

10

B Ordinary

£1

10

100