PILPEL LTD

PILPEL LTD

PILPEL LTD - Company Information

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PILPEL LTD

Company Registration Number:
06773289 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2018

Period of accounts

Start date: 01 March 2017

End date: 28 February 2018

PILPEL LTD

Contents of the Financial Statements

for the Period Ended 28 February 2018

Balance sheet
Notes

PILPEL LTD

Balance sheet

As at 28 February 2018


Notes
2018
2017


£
£
Fixed assets
Tangible assets: 3 232,311 262,934
Total fixed assets: 232,311 262,934
Current assets
Stocks: 26,593 2,550
Debtors:   183,509 170,585
Cash at bank and in hand: 20,134 15,514
Total current assets: 230,236 188,649
Creditors: amounts falling due within one year:   (287,321) (286,622)
Net current assets (liabilities): (57,085) (97,973)
Total assets less current liabilities: 175,226 164,961
Total net assets (liabilities): 175,226 164,961
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 175,126 164,861
Shareholders funds: 175,226 164,961

The notes form part of these financial statements

PILPEL LTD

Balance sheet statements

For the year ending 28 February 2018 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 July 2018
and signed on behalf of the board by:

Name: Mr Joseph Cohen
Status: Director

The notes form part of these financial statements

PILPEL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Land and buildings Leasehold on 4% Straight line methodPlant & Machinery on 25% Reducing balanceMotor vehicles on 25% Reducing balance

PILPEL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2018

2. Employees

2018 2017
Average number of employees during the period 7 5

PILPEL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2018

3. Tangible Assets

Total
Cost £
At 01 March 2017 481,938
Additions 31,172
At 28 February 2018 513,110
Depreciation
At 01 March 2017 219,004
Charge for year 61,795
At 28 February 2018 280,799
Net book value
At 28 February 2018 232,311
At 28 February 2017 262,934

PILPEL LTD

Notes to the Financial Statements

for the Period Ended 28 February 2018

4. Related party transactions

Name of the related party: Tami Mami Limited
Relationship:
Directors are same
Description of the Transaction: Loan made to Tami Mami Ltd
£
Balance at 01 March 2017 14,205
Balance at 28 February 2018 14,622
Name of the related party: Pilpel For The People Ltd
Relationship:
Directors are same
Description of the Transaction: Loan given to PFTP Ltd
£
Balance at 01 March 2017 120,805
Balance at 28 February 2018 135,159
Name of the related party: Olive Grill Limited
Relationship:
Directors are same
Description of the Transaction: Loan given to Olive Grill Ltd
£
Balance at 01 March 2017 1,042
Balance at 28 February 2018 875