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G. PARRY HOME IMPROVEMENTS LIMITED - Company Information

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G. Parry Home Improvements Limited

Registered Number:05668062

For the year ended 31 March 2017

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2017

G. Parry Home Improvements Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

As at 31 March 2017

G. Parry Home Improvements Limited

Statement of Financial Position

Registered Number :

05668062

2016

2017

Notes

Fixed assets

Property, plant and equipment

127,992

126,083

127,992

126,083

Current assets

Inventories

12,000

25,000

Trade and other receivables

153,993

172,359

3,965

Cash and cash equivalents

197,359

169,958

Trade and other payables: amounts falling due within one year

(283,992)

(299,788)

(114,034)

(102,429)

Net current liabilities

Total assets less current liabilities

25,563

12,049

(23,000)

Provisions for liabilities

2,563

Net assets

12,049

Capital and reserves

Called up share capital

Retained earnings

2,553

12,039

2,563

12,049

Shareholders' funds

For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

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 proper 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 Section 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.

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

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.

G Parry Director

These financial statements were approved and authorised for issue by the Board on 20 December 2017 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2017

G. Parry Home Improvements Limited

Notes to the Financial Statements

Statutory Information

G. Parry Home Improvements Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 05668062.

Registered address:

Islwyn

Mold Road

Ruthin

Denbighshire

LL15 1SL

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as modified by the revaluation of certain

assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Property, plant and equipment

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

25% Straight line

Motor vehicles

Deferred tax

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

2. Property, plant and equipment

Total

Motor vehicles

Plant and

machinery

Cost or valuation

At 01 April 2016

249,397

247,875

1,522

33,430

Additions

At 31 March 2017

1,522

281,305

282,827

Provision for depreciation and impairment

At 01 April 2016

123,314

121,792

1,522

Charge for year

31,521

At 31 March 2017

154,835

153,313

1,522

At 31 March 2017

Net book value

127,992

At 31 March 2016

126,083

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For the year ended 31 March 2017

G. Parry Home Improvements Limited

Notes to the Financial Statements Continued

3. Trade and other receivables

2016

2017

Trade debtors

172,359

153,993

4. Trade and other payables: amounts falling due within one year

2016

2017

Bank loans and overdraft

49,053

Trade creditors

115,997

78,744

Taxation and social security

5,577

Other creditors

129,161

205,248

299,788

283,992

5. Average number of persons employed

During the year the average number of employees was 21 (2016 : 19)

6. Transition to FRS 102

These financial statements for the year ended 31 March 2017 are the first financial statements that comply with FRS 102

Section 1A for small entities. The transition to FRS 102 Section 1A for small entities has resulted in no changes in accounting

policies to those used previously.

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