Parkchase Construction Ltd - Period Ending 2016-07-31

Registration number: 08598589

Parkchase Construction Ltd

Unaudited Abbreviated Accounts
 
for the Year Ended 31 July 2016

Farnell Clarke Limited
Evolution House
Delft Way
Norwich
Norfolk
NR6 6BB

Parkchase Construction Ltd

Contents

Accountants' Report	1
Abbreviated Balance Sheet	2
Notes to the Abbreviated Accounts	3

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 3) have been prepared.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Parkchase Construction Ltd
for the Year Ended 31 July 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Parkchase Construction Ltd for the year ended 31 July 2016 set out on pages 2 to 3 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of Parkchase Construction Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Parkchase Construction Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Parkchase Construction Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Parkchase Construction Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Parkchase Construction Ltd. You consider that Parkchase Construction Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Parkchase Construction Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Farnell Clarke Limited
Evolution House
Delft Way
Norwich
Norfolk
NR6 6BB

28 April 2017

Page 1

Parkchase Construction Ltd

(Registration number: 08598589)
Abbreviated Balance Sheet as at 31 July 2016

	Note	2016  £	2015  £
Current assets
Debtors		100	100
Cash at bank and in hand		207	4,297
		307	4,397
Creditors: Amounts falling due within one year		(1,387)	(2,203)
Net (liabilities)/assets		(1,080)	2,194
Capital and reserves
Called up share capital	2	100	100
Profit and loss account		(1,180)	2,094
Shareholders' (deficit)/funds		(1,080)	2,194

For the year ending 31 July 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 April 2017 and signed on its behalf by:

.........................................
Mr N R Mitchell
Director

The notes on page 3 form an integral part of these financial statements.
Page 2

Parkchase Construction Ltd

Notes to the Abbreviated Accounts

1	Accounting policies

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Revenue recognition

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales tax or duty.

2	Share capital

Allotted, called up and fully paid shares

	2016		2015
	No.	£	No.	£
Ordinary A of £1 each	50	50	50	50
Ordinary B of £1 each	50	50	50	50
	100	100	100	100

3

Control

The directors are the controlling party by virtue of their controlling shareholding in the company.

Page 3