PARTY EXPRESS LONDON LTD

Company Registration Number:
09062156 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

PARTY EXPRESS LONDON LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PARTY EXPRESS LONDON LTD

Company Information

for the Period Ended 31 May 2023




Director: A BANANI
Registered office: Flat 20
Pagham House
Sutton Way
London
GBR
W10 5HL
Company Registration Number: 09062156 (England and Wales)

PARTY EXPRESS LONDON LTD

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 31,335 10,066
Total fixed assets: 31,335 10,066
Current assets
Stocks: 7,500 7,500
Debtors: 5 6,034 3,593
Cash at bank and in hand: 5,901 7,397
Total current assets: 19,435 18,490
Creditors: amounts falling due within one year: 6 ( 498 ) ( 400 )
Net current assets (liabilities): 18,937 18,090
Total assets less current liabilities: 50,272 28,156
Creditors: amounts falling due after more than one year: 7 ( 78,624 ) ( 51,019 )
Total net assets (liabilities): ( 28,352 ) ( 22,863 )

The notes form part of these financial statements

PARTY EXPRESS LONDON LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 28,353 ) ( 22,864 )
Shareholders funds: ( 28,352 ) ( 22,863 )

For the year ending 31 May 2023 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.

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

This report was approved by the board of directors on 6 February 2024
And Signed On Behalf Of The Board By:

Name: A BANANI
Status: Director

The notes form part of these financial statements

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Motor vehicles Total
Cost £ £
At 01 June 2022 15,233 15,233
Additions 39,335 39,335
Disposals ( 15,233 ) ( 15,233 )
Revaluations - -
Transfers - -
At 31 May 2023 39,335 39,335
Depreciation
At 01 June 2022 5,167 5,167
Charge for year 8,000 8,000
On disposals ( 5,167 ) ( 5,167 )
Other adjustments - -
At 31 May 2023 8,000 8,000
Net book value
At 31 May 2023 31,335 31,335
At 31 May 2022 10,066 10,066

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors


2023
£

2022
£
Other debtors 6,034 3,593
Total 6,034 3,593

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 98
Accruals and deferred income 400 400
Total 498 400

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 47,511 51,019
Amounts due under finance leases and hire purchase contracts 31,113
Total 78,624 51,019