Neeld Parade Limited - Accounts to registrar - small 17.2

Neeld Parade Limited - Accounts to registrar - small 17.2

NEELD PARADE LIMITED - Company Information

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REGISTERED NUMBER: 06518964 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2017

FOR

NEELD PARADE LIMITED

NEELD PARADE LIMITED (REGISTERED NUMBER: 06518964)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2017




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5


NEELD PARADE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2017







DIRECTORS: P Sivarupan
S S Perinpanathan





SECRETARY: Ms U Periyathamby





REGISTERED OFFICE: 1st Floor 44-50 The Broadway
Southall
Middlesex
UB1 1QB





REGISTERED NUMBER: 06518964 (England and Wales)





ACCOUNTANTS: Param & Company Ltd
First Floor
44 - 50 The Broadway
Southall
Middlesex
UB1 1QB
Page 1
NEELD PARADE LIMITED (REGISTERED NUMBER: 06518964)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 28 FEBRUARY 2017

The directors present their report with the financial statements of the company for the year ended 28 February 2017.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of letting of property.

DIRECTORS
The directors during the year under review were:

P Sivarupan
S S Perinpanathan - appointed 1.3.16

The directors holding office at 28 February 2017 did not hold any beneficial interest in the issued share capital of the
company at 1 March 2016 (or date of appointment if later) or 28 February 2017.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with
applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors
have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting
Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not
approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the
company and of the profit or loss of the company for that period. In preparing these financial statements, the directors
are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and accounting estimates that are reasonable and prudent;

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the
company's transactions and disclose with reasonable accuracy at any time the financial position of the company and
enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.

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:





P Sivarupan - Director


29 November 2017

Page 2
NEELD PARADE LIMITED (REGISTERED NUMBER: 06518964)

BALANCE SHEET
28 FEBRUARY 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 627,237 627,237

CURRENT ASSETS
Cash at bank 4,475 835

CREDITORS
Amounts falling due within one year 4 404,647 388,153
NET CURRENT LIABILITIES (400,172 ) (387,318 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
227,065
239,919

CREDITORS
Amounts falling due after more than one
year
5
150,464
184,199
NET ASSETS 76,601 55,720

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 76,501 55,620
SHAREHOLDERS' FUNDS 76,601 55,720

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 notes form part of these financial statements

Page 3 continued...
NEELD PARADE LIMITED (REGISTERED NUMBER: 06518964)

BALANCE SHEET - continued
28 FEBRUARY 2017



The financial statements were approved by the Board of Directors on 29 November 2017 and were signed on its behalf
by:





P Sivarupan - Director


The notes form part of these financial statements

Page 4
NEELD PARADE LIMITED (REGISTERED NUMBER: 06518964)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2017

1. STATUTORY INFORMATION

Neeld Parade 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that
have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the
timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they
will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2016
and 28 February 2017 627,237
NET BOOK VALUE
At 28 February 2017 627,237
At 29 February 2016 627,237

Page 5 continued...
NEELD PARADE LIMITED (REGISTERED NUMBER: 06518964)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2017

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 16,202 10,765
Other creditors 388,445 377,388
404,647 388,153

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2017 2016
£    £   
Bank loans 150,464 184,199

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2017 2016
value: £    £   
100 Ordinary 1 100 100

Page 6