Parcel Shop Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08842387 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2017

FOR

PARCEL SHOP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A K J Essery

SECRETARY:

Mr A K J Essery

REGISTERED OFFICE:

86 Lower Cross Road

Bickington

BARNSTAPLE

Devon

EX31 2PJ

REGISTERED NUMBER:

08842387 (England and Wales)

ACCOUNTANTS:

Stevens & Willey

Chartered Certified Accountants

Grenville House

9 Boutport Street

Barnstaple

Devon

EX31 1TZ

CURRENT ASSETS

Debtors

3

371

71

Cash at bank

30

-

401

71

CREDITORS

Amounts falling due within one year

4

400

212

NET CURRENT ASSETS/(LIABILITIES)

1

(141

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1

(141

)

CAPITAL AND RESERVES

Called up share capital

5

1

1

Retained earnings

6

-

(142

)

SHAREHOLDERS' FUNDS

1

(141

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Profit and loss account has not been delivered.

The financial statements were approved by the director on 26 March 2018 and were signed by:

Mr A K J Essery - Director

1.	STATUTORY INFORMATION

Parcel Shop 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss

account, 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.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

371

71

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

150

150

Directors' loan accounts

250

62

400

212

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

1

Ordinary

£1

1

1

6.

RESERVES

Retained

earnings

£

At 1 August 2016

(142

)

Profit for the year

142

At 31 July 2017

-

7.	FIRST YEAR ADOPTION - FRS 102 1A

No transitional adjustments are required.