Park Hill Foods Ltd T/A Village Balti - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 09168801 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2017

for

Park Hill Foods Ltd

T/A

Village Balti

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M Monir Ali

REGISTERED OFFICE:

SKN Business Centre

1 Guildford Street

Birmingham

West Midlands

B19 2HN

REGISTERED NUMBER:

09168801 (England and Wales)

ACCOUNTANTS:

SKN Services Ltd

Chartered Accountants

SKN Business Centre

1 Guildford Street

Birmingham

West Midlands

B19 2HN

CURRENT ASSETS

Stocks

1,334

312

Debtors

4

517

1,074

Cash at bank and in hand

129

63

1,980

1,449

CREDITORS

Amounts falling due within one year

5

3,573

3,741

NET CURRENT LIABILITIES

(1,593

)

(2,292

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,593

)

(2,292

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(1,693

)

(2,392

)

SHAREHOLDERS' FUNDS

(1,593

)

(2,292

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 5 April 2018 and were signed by:

Mr M Monir Ali - Director

1.	STATUTORY INFORMATION

Park Hill Foods Ltd 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Trade debtors

517

248

Other debtors

-

826

517

1,074

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.17

31.8.16

£

£

Trade creditors

1,713

-

Taxation and social security

307

(53

)

Other creditors

1,553

3,794

3,573

3,741

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M Monir Ali.