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REGISTERED NUMBER: 03046511 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 May 2023

for

ELIZABETH PARKER PROMOTIONS LIMITED

ELIZABETH PARKER PROMOTIONS LIMITED (REGISTERED NUMBER: 03046511)






Contents of the Financial Statements
for the year ended 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELIZABETH PARKER PROMOTIONS LIMITED

Company Information
for the year ended 31 MAY 2023







DIRECTOR: S N Burdett





REGISTERED OFFICE: 155 Wellingborough Road
RUSHDEN
Northamptonshire
NN10 9TB





REGISTERED NUMBER: 03046511 (England and Wales)





ACCOUNTANT: Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB

ELIZABETH PARKER PROMOTIONS LIMITED (REGISTERED NUMBER: 03046511)

Balance Sheet
31 MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,510 1,672

CURRENT ASSETS
Stocks 256,405 242,629
Debtors 5 59,753 61,679
Cash at bank 449,759 439,154
765,917 743,462
CREDITORS
Amounts falling due within one year 6 121,954 95,544
NET CURRENT ASSETS 643,963 647,918
TOTAL ASSETS LESS CURRENT
LIABILITIES

660,473

649,590

PROVISIONS FOR LIABILITIES 6,288 9,744
NET ASSETS 654,185 639,846

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 654,085 639,746
SHAREHOLDERS' FUNDS 654,185 639,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

ELIZABETH PARKER PROMOTIONS LIMITED (REGISTERED NUMBER: 03046511)

Balance Sheet - continued
31 MAY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 director and authorised for issue on 19 September 2023 and were signed by:





S N Burdett - Director


ELIZABETH PARKER PROMOTIONS LIMITED (REGISTERED NUMBER: 03046511)

Notes to the Financial Statements
for the year ended 31 MAY 2023

1. STATUTORY INFORMATION

Elizabeth Parker Promotions 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Government grants
During last year, the Company received government support. The relevant accounting policy is set out below.

A government grant is recognised in the balance sheet within other receivables when there is reasonable assurance that it will be received and that the Group/Company will comply with the conditions attached to it. Grants are recognised within other income in the income statement at a point in time to match the timing of recognition of the related expenses they are intended to compensate. Refer to Note 1 for details of government grants and support received in the period.

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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
stock to its present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

ELIZABETH PARKER PROMOTIONS LIMITED (REGISTERED NUMBER: 03046511)

Notes to the Financial Statements - continued
for the year ended 31 MAY 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2022 16,309 17,906 34,215
Additions 15,367 - 15,367
At 31 May 2023 31,676 17,906 49,582
DEPRECIATION
At 1 June 2022 15,492 17,051 32,543
Charge for year 315 214 529
At 31 May 2023 15,807 17,265 33,072
NET BOOK VALUE
At 31 May 2023 15,869 641 16,510
At 31 May 2022 817 855 1,672

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 41,680 44,455
Other debtors 18,073 17,224
59,753 61,679

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 50,153 67,450
Taxation and social security 22,070 7,930
Other creditors 49,731 20,164
121,954 95,544

ELIZABETH PARKER PROMOTIONS LIMITED (REGISTERED NUMBER: 03046511)

Notes to the Financial Statements - continued
for the year ended 31 MAY 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100