Thomas Parkes Limited - Accounts to registrar - small 17.2

Thomas Parkes Limited - Accounts to registrar - small 17.2

THOMAS PARKES LIMITED - Company Information

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REGISTERED NUMBER: 04753558 (England and Wales)





















Financial Statements

for the Year Ended 30 September 2017

for

Thomas Parkes Limited

Thomas Parkes Limited (Registered number: 04753558)






Contents of the Financial Statements
for the Year Ended 30 September 2017




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Thomas Parkes Limited

Company Information
for the Year Ended 30 September 2017







DIRECTOR: T Parkes





SECRETARY: Mrs M H Parkes





REGISTERED OFFICE: 22 Sherringham Drive
Essington
Wolverhampton
West Midlands
WV11 2EB





REGISTERED NUMBER: 04753558 (England and Wales)
Page 1
Thomas Parkes Limited (Registered number: 04753558)

Balance Sheet
30 September 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 1,819 2,276

CURRENT ASSETS
Debtors 4 4,272 4,862
Cash at bank 17,046 14,524
21,318 19,386
CREDITORS
Amounts falling due within one year 5 6,388 20,402
NET CURRENT ASSETS/(LIABILITIES) 14,930 (1,016 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
16,749
1,260

PROVISIONS FOR LIABILITIES 346 455
NET ASSETS 16,403 805

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 16,303 705
SHAREHOLDERS' FUNDS 16,403 805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 17 January 2018 and were signed by:



T Parkes - Director


The notes form part of these financial statements

Page 2
Thomas Parkes Limited (Registered number: 04753558)

Notes to the Financial Statements
for the Year Ended 30 September 2017

1. STATUTORY INFORMATION

Thomas Parkes 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover is recognised on delivery or when services have been provided resulting in the company obtaining the
right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Page 3 continued...
Thomas Parkes Limited (Registered number: 04753558)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2017

3. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 October 2016
and 30 September 2017 4,025 515 4,540
DEPRECIATION
At 1 October 2016 1,771 493 2,264
Charge for year 451 6 457
At 30 September 2017 2,222 499 2,721
NET BOOK VALUE
At 30 September 2017 1,803 16 1,819
At 30 September 2016 2,254 22 2,276

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
CIS tax recoverable 4,272 4,862

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Corporation tax 5,073 5,698
Directors' current accounts 643 14,056
Accrued expenses 672 648
6,388 20,402

6. CALLED UP SHARE CAPITAL


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

Page 4