Party Buz Ltd - Period Ending 2017-12-31

Registration number: 08815194

Party Buz Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2017

Accountex Ltd T/A Additions Plus
Unit 13
Progress Business Centre
Whittle Parkway
Slough
Berkshire
SL1 6DQ

Party Buz Ltd

Contents

Company Information	1
Director's Report	2
Profit and Loss Account	3
Balance Sheet	4 to 5
Notes to the Financial Statements	4

Party Buz Ltd

Company Information

Director

Mr Nitin Dhanda

Registered office

Unit 13, Progress Business Centre Whittle Parkway Slough Berkshire SL1 6DQ

Accountants

Accountex Ltd T/A Additions Plus Unit 13 Progress Business Centre Whittle Parkway Slough Berkshire SL1 6DQ

Page 1

Party Buz Ltd

Director's Report for the Year Ended 31 December 2017

The director presents his report and the financial statements for the year ended 31 December 2017.

This report has been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and in accordance with FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Directors of the company

The directors who held office during the year were as follows:

Mr Nitin Dhanda (appointed 4 October 2017)

Victoria Girard - Company secretary and director (resigned 4 October 2017)

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the director on 17 September 2018 and signed on its behalf by:

.........................................
Mr Nitin Dhanda
Director

Page 2

Party Buz Ltd

Profit and Loss Account for the Year Ended 31 December 2017

	2017 £	2016 £
Turnover	378,813	263,571
Cost of raw materials and consumables	(155,461)	(117,225)
Staff costs	(88,772)	(65,778)
Depreciation and other amounts written off assets	(2,500)	(710)
Other charges	(110,990)	(67,276)
Profit before tax	21,090	12,582
Taxation	(3,026)	(2,420)
Profit for the year	18,064	10,162

Page 3

Party Buz Ltd

(Registration number: 08815194)
Balance Sheet as at 31 December 2017

	2017 £	2016 £
Fixed assets	7,500	2,131
Current assets	267,059	140,686
Creditors: Amounts falling due within one year	(263,649)	(134,971)
Net current assets	3,410	5,715
	10,910	7,846
Capital and reserves	10,910	7,846

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Unit 13, Progress Business Centre
Whittle Parkway
Slough
Berkshire
SL1 6DQ
England

The principal place of business is:
Unit 6
Princess Mead
Farnborough
Hampshire
England
GU14 6YA
England

These financial statements were authorised for issue by the director on 17 September 2018.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006.

For the financial year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Page 4

Party Buz Ltd

(Registration number: 08815194)
Balance Sheet as at 31 December 2017

Approved and authorised by the director on 17 September 2018
 

.........................................

Mr Nitin Dhanda

Director

Page 5