SMALL PARCEL SHIPS LTD

Company Registration Number:
13231593 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

SMALL PARCEL SHIPS LTD

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

SMALL PARCEL SHIPS LTD

Company Information

for the Period Ended 29 February 2024




Director: Domenico Casella
Registered office: 49
Beeston Road
Nottingham
Nottingham
GBR
NG7 2JS
Company Registration Number: 13231593 (England and Wales)

SMALL PARCEL SHIPS LTD

Directors' Report Period Ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal Activities

Small Parcel Ships LTD sells second-hand items on eBay. Items are shipped via courier services, and transactions are conducted online with payments made by card.

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 29 February 2024
Domenico Casella

This report was approved by the board of directors on 15 April 2024
And Signed On Behalf Of The Board By:

Name: Domenico Casella
Status: Director

SMALL PARCEL SHIPS LTD

Profit and Loss Account

for the Period Ended 29 February 2024


Notes

2024
£

2023
£
Turnover 2,814 1,098
Cost of sales ( 727 ) ( 25,175 )
Gross Profit or (Loss) 2,087 ( 24,077 )
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 900 ) ( 900 )
Administrative Expenses ( 600 ) ( 600 )
Other operating income 0 0
Operating Profit or (Loss) 587 ( 25,577 )
Profit or (Loss) Before Tax 587 ( 25,577 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 587 ( 25,577 )

The notes form part of these financial statements

SMALL PARCEL SHIPS LTD

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 1 1
Tangible assets: 5 6,000 6,000
Total fixed assets: 6,001 6,001
Current assets
Stocks: 650 0
Debtors: 6 0 0
Cash at bank and in hand: 0 0
Total current assets: 650 0
Prepayments and accrued income: 0 2,868
Creditors: amounts falling due within one year: 7 ( 0 ) ( 0 )
Net current assets (liabilities): 650 2,868
Total assets less current liabilities: 6,651 8,869
Creditors: amounts falling due after more than one year: 8 ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 6,651 8,869

The notes form part of these financial statements

SMALL PARCEL SHIPS LTD

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 500 8,870
Revaluation reserve: 9 0 ( 1 )
Profit and loss account: 6,151 0
Shareholders funds: 6,651 8,869

For the year ending 29 February 2024 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 15 April 2024
And Signed On Behalf Of The Board By:

Name: Domenico Casella
Status: Director

The notes form part of these financial statements

SMALL PARCEL SHIPS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 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

SMALL PARCEL SHIPS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

SMALL PARCEL SHIPS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

SMALL PARCEL SHIPS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Intangible assets

Goodwill Total
Cost £ £
At 01 March 2023 1 1
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 29 February 2024 1 1
Amortisation
Amortisation at 01 March 2023 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
Amortisation at 29 February 2024 0 0
Net book value
Net book value at 29 February 2024 1 1
Net book value at 28 February 2023 1 1

SMALL PARCEL SHIPS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Tangible assets

Office equipment Total
Cost £ £
At 01 March 2023 6,000 6,000
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 0 0
Transfers 0 0
At 29 February 2024 6,000 6,000
Depreciation
At 01 March 2023 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 29 February 2024 0 0
Net book value
At 29 February 2024 6,000 6,000
At 28 February 2023 6,000 6,000

SMALL PARCEL SHIPS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

6. Debtors


2024
£

2023
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

SMALL PARCEL SHIPS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

7.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 0 0

SMALL PARCEL SHIPS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

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


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 0 0

SMALL PARCEL SHIPS LTD

Notes to the Financial Statements

for the Period Ended 29 February 2024

9. Revaluation reserve


2024
£
Balance at 01 March 2023 ( 1 )
Surplus or deficit after revaluation 1
Balance at 29 February 2024 0