Company Registration No. 11017538 (England and Wales)
Parapool Ltd
Unaudited accounts
for the year ended 31 October 2023
Parapool Ltd
Unaudited accounts
Contents
Parapool Ltd
Company Information
for the year ended 31 October 2023
Directors
H Gibberd
A Gibberd
H Irwin
J Willcox
Company Number
11017538 (England and Wales)
Registered Office
New Mead Barn, Wickham Hall
Hadham Road
Bishop's Stortford
Hertfordshire
CM23 1JG
Accountants
Redbox Accountancy Limited
New Mead Barn
Wickham Hall, Hadham Road
Bishop's Stortford
Hertfordshire
CM23 1JG
Parapool Ltd
Statement of financial position
as at 31 October 2023
Intangible assets
12,283
8,359
Cash at bank and in hand
11,138
13,646
Creditors: amounts falling due within one year
(3,999)
(5,028)
Net current assets
7,139
8,618
Called up share capital
100
100
Profit and loss account
19,322
16,877
Shareholders' funds
19,422
16,977
For the year ending 31 October 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 February 2024 and were signed on its behalf by
H Gibberd
Director
Company Registration No. 11017538
Parapool Ltd
Notes to the Accounts
for the year ended 31 October 2023
Parapool Ltd is a private company, limited by shares, registered in England and Wales, registration number 11017538. The registered office is New Mead Barn, Wickham Hall, Hadham Road, Bishop's Stortford, Hertfordshire, CM23 1JG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Parapool Ltd
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,403
3,672
Loans from directors
1,233
(14)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans to directors
47
-
47
-
Loans to directors
112
-
112
-
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).