Company Registration No. 11181178 (England and Wales)
PARKERS DESIGN (SOUTHERN) LIMITED
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
PARKERS DESIGN (SOUTHERN) LIMITED
Unaudited accounts
Contents
PARKERS DESIGN (SOUTHERN) LIMITED
Company Information
for the period from 1 March 2023 to 28 February 2024
Directors
S Walker
N Walker
Company Number
11181178 (England and Wales)
Registered Office
3 The Peak
Rowlands Castle
Hampshire
PO9 6AH
Accountants
RSJ Accountants Ltd
10 Overton Road
Southbourne
Emsworth
Hampshire
PO10 8NN
PARKERS DESIGN (SOUTHERN) LIMITED
Statement of financial position
as at 28 February 2024
Tangible assets
17,240
49,124
Cash at bank and in hand
4,556
15,195
Creditors: amounts falling due within one year
(29,675)
(25,429)
Net current (liabilities)/assets
(246)
20,830
Total assets less current liabilities
16,994
69,954
Creditors: amounts falling due after more than one year
(16,667)
-
Called up share capital
2
2
Profit and loss account
325
69,952
Shareholders' funds
327
69,954
For the period ending 28 February 2024 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 18 April 2024 and were signed on its behalf by
S Walker
Director
Company Registration No. 11181178
PARKERS DESIGN (SOUTHERN) LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
PARKERS DESIGN (SOUTHERN) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11181178. The registered office is 3 The Peak, Rowlands Castle, Hampshire, PO9 6AH.
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 period, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Reducing balance
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
33% Reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 March 2023
11,752
8,341
55,615
3,466
21,326
100,500
Disposals
-
-
(55,615)
-
-
(55,615)
At 28 February 2024
11,752
8,341
-
3,466
21,326
44,885
At 1 March 2023
4,042
5,301
28,972
2,223
10,838
51,376
Charge for the period
771
760
6,661
249
3,461
11,902
Surplus on revaluation
-
-
(35,633)
-
-
(35,633)
At 28 February 2024
4,813
6,061
-
2,472
14,299
27,645
At 28 February 2024
6,939
2,280
-
994
7,027
17,240
At 28 February 2023
7,710
3,040
26,643
1,243
10,488
49,124
PARKERS DESIGN (SOUTHERN) LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Amounts falling due within one year
Trade debtors
7,101
31,064
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
-
Taxes and social security
11,767
16,656
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the period the average number of employees was 3 (2023: 2).