Parmar Property Development Limited - Accounts to registrar - small 17.2

Parmar Property Development Limited - Accounts to registrar - small 17.2

PARMAR PROPERTY DEVELOPMENT LIMITED - Company Information

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REGISTERED NUMBER: 05907460 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

PARMAR PROPERTY DEVELOPMENT LIMITED
Scodie Deyong LLP
Chartered Accountants
4 Prince Albert Road
London
NW1 7SN








PARMAR PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 05907460)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PARMAR PROPERTY DEVELOPMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2017







DIRECTORS: H J S Parmar
Mrs S M Parmar
Mrs K Reynolds





SECRETARY: Mrs S M Parmar





REGISTERED OFFICE: 4 Prince Albert Road
London
NW1 7SN





REGISTERED NUMBER: 05907460 (England and Wales)





ACCOUNTANTS: Scodie Deyong LLP
Chartered Accountants
4 Prince Albert Road
London
NW1 7SN
Page 1
PARMAR PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 05907460)

BALANCE SHEET
31 MARCH 2017

2017 2016
Notes £    £   
CURRENT ASSETS
Stocks 769,018 769,018
Debtors 3 1,091 7,055
Cash at bank 29,376 28,811
799,485 804,884
CREDITORS
Amounts falling due within one year 4 726,398 733,993
NET CURRENT ASSETS 73,087 70,891
TOTAL ASSETS LESS CURRENT
LIABILITIES
73,087
70,891

CAPITAL AND RESERVES
Called up share capital 5 1,000 1,000
Retained earnings 72,087 69,891
SHAREHOLDERS' FUNDS 73,087 70,891

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 24 August 2017 and were signed on its behalf by:




H J S Parmar - Director



Mrs S M Parmar - Director


The notes form part of these financial statements

Page 2
PARMAR PROPERTY DEVELOPMENT LIMITED (REGISTERED NUMBER: 05907460)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2017


1. STATUTORY INFORMATION

Parmar Property Development Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Stocks
Stocks represents properties acquired for development and resale and are valued at lower of cost and net
realisable value.

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors - 4,062
Other debtors 1,091 2,993
1,091 7,055

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 549 4,863
Other creditors 725,849 729,130
726,398 733,993

5. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
1,000 Ordinary £1 1,000 1,000

Page 3