Park End Advisory Ltd - Accounts to registrar (filleted) - small 18.1

Park End Advisory Ltd - Accounts to registrar (filleted) - small 18.1

PARK END ADVISORY LTD - Company Information

Print Friendly Version

IRIS Accounts Production v18.1.0.975 09117548 Board of Directors 1.8.16 31.7.17 31.7.17 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure091175482016-07-31091175482017-07-31091175482016-08-012017-07-31091175482015-07-31091175482015-08-012016-07-31091175482016-07-3109117548ns15:EnglandWales2016-08-012017-07-3109117548ns14:PoundSterling2016-08-012017-07-3109117548ns10:Director12016-08-012017-07-3109117548ns10:PrivateLimitedCompanyLtd2016-08-012017-07-3109117548ns10:SmallEntities2016-08-012017-07-3109117548ns10:AuditExempt-NoAccountantsReport2016-08-012017-07-3109117548ns10:SmallCompaniesRegimeForDirectorsReport2016-08-012017-07-3109117548ns10:SmallCompaniesRegimeForAccounts2016-08-012017-07-3109117548ns10:FullAccounts2016-08-012017-07-3109117548ns10:Director22016-08-012017-07-3109117548ns10:RegisteredOffice2016-08-012017-07-3109117548ns5:CurrentFinancialInstruments2017-07-3109117548ns5:CurrentFinancialInstruments2016-07-3109117548ns5:ShareCapital2017-07-3109117548ns5:ShareCapital2016-07-3109117548ns5:RetainedEarningsAccumulatedLosses2017-07-3109117548ns5:RetainedEarningsAccumulatedLosses2016-07-3109117548ns5:PlantMachinery2016-08-012017-07-3109117548ns5:PlantMachinery2016-07-3109117548ns5:PlantMachinery2017-07-3109117548ns5:PlantMachinery2016-07-3109117548ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-07-3109117548ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-07-31


REGISTERED NUMBER: 09117548 (England and Wales)















Financial Statements for the Year Ended 31 July 2017

for

Park End Advisory Ltd
Park End Advisory Ltd (Registered number: 09117548)






Contents of the Financial Statements
for the Year Ended 31 July 2017




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Park End Advisory Ltd

Company Information
for the Year Ended 31 July 2017







DIRECTORS: M A Tully
Mrs J S E Tully





REGISTERED OFFICE: 4 Reading Road
Pangbourne
Reading
Berkshire
RG8 7LY





REGISTERED NUMBER: 09117548 (England and Wales)





ACCOUNTANTS: Geoffrey Cole & Co
4 Reading Road
Pangbourne
Reading
Berkshire
RG8 7LY
Page 1
Park End Advisory Ltd (Registered number: 09117548)

Statement of Financial Position
31 July 2017

2017 2016
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,550 503

CURRENT ASSETS
Debtors 5 74,287 210,935
Cash at bank 506,437 172,213
580,724 383,148
CREDITORS
Amounts falling due within one year 6 152,409 111,443
NET CURRENT ASSETS 428,315 271,705
TOTAL ASSETS LESS CURRENT
LIABILITIES
429,865
272,208

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 429,855 272,198
SHAREHOLDERS' FUNDS 429,865 272,208

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 26 April 2018 and were signed on its
behalf by:





M A Tully - Director


The notes form part of these financial statements

Page 2
Park End Advisory Ltd (Registered number: 09117548)

Notes to the Financial Statements
for the Year Ended 31 July 2017

1. STATUTORY INFORMATION

Park End Advisory 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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 statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 .

Page 3 continued...
Park End Advisory Ltd (Registered number: 09117548)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2017

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2016 899
Additions 1,382
At 31 July 2017 2,281
DEPRECIATION
At 1 August 2016 396
Charge for year 335
At 31 July 2017 731
NET BOOK VALUE
At 31 July 2017 1,550
At 31 July 2016 503

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Trade debtors 57,678 197,241
Other debtors 16,609 13,694
74,287 210,935

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 134,110 107,177
Other creditors 18,299 4,266
152,409 111,443

7. ULTIMATE CONTROLLING PARTY

The controlling party is M A Tully.

8. FIRST YEAR ADOPTION

Transitional relief
On transition to FRS 102, the company has taken advantage of the following transitional relief:

• to measure fair value at date of transition to FRS 102 and use as deemed cost on an item of
property, plant and equipment.

Page 4