Abbreviated Company Accounts - PARTH SERVICES LIMITED

Abbreviated Company Accounts - PARTH SERVICES LIMITED

PARTH SERVICES LIMITED - Company Information

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Registered Number 04964751

PARTH SERVICES LIMITED

Abbreviated Accounts

31 March 2014

PARTH SERVICES LIMITED Registered Number 04964751

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 1 10,000
Tangible assets 3 638,689 646,470
638,690 656,470
Current assets
Stocks 66,705 76,741
Debtors 3,910 5,028
Cash at bank and in hand 166,692 139,218
237,307 220,987
Creditors: amounts falling due within one year 4 (162,249) (137,567)
Net current assets (liabilities) 75,058 83,420
Total assets less current liabilities 713,748 739,890
Creditors: amounts falling due after more than one year 4 (588,018) (614,756)
Total net assets (liabilities) 125,730 125,134
Capital and reserves
Called up share capital 100 100
Profit and loss account 125,630 125,034
Shareholders' funds 125,730 125,134
  • For the year ending 31 March 2014 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 20 November 2014

And signed on their behalf by:
Yogesh Jhala, Director

PARTH SERVICES LIMITED Registered Number 04964751

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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 the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Land and buildings Straight line over fifty years
Fixtures and fittings 25% pa Straight line
Motor vehicles 25% pa straight line

Intangible assets amortisation policy
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life of 10 years.

2Intangible fixed assets
£
Cost
At 1 April 2013 100,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 100,000
Amortisation
At 1 April 2013 90,000
Charge for the year 9,999
On disposals -
At 31 March 2014 99,999
Net book values
At 31 March 2014 1
At 31 March 2013 10,000
3Tangible fixed assets
£
Cost
At 1 April 2013 806,489
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2014 806,489
Depreciation
At 1 April 2013 160,019
Charge for the year 7,781
On disposals -
At 31 March 2014 167,800
Net book values
At 31 March 2014 638,689
At 31 March 2013 646,470
4Creditors
2014
£		 2013
£
Instalment debts due after 5 years 314,018 340,756