Company Registration No. 11718088 (England and Wales)
Parcel Planet Limited
Unaudited accounts
for the year ended 31 December 2023
Parcel Planet Limited
Unaudited accounts
Contents
Parcel Planet Limited
Company Information
for the year ended 31 December 2023
Company Number
11718088 (England and Wales)
Registered Office
9 Avallon Way
Darwen
Lancashire
BB3 3JZ
UK
Parcel Planet Limited
Statement of financial position
as at 31 December 2023
Tangible assets
17,185
22,914
Cash at bank and in hand
2,658
5,372
Creditors: amounts falling due within one year
(40,890)
(50,521)
Net current liabilities
(38,232)
(45,149)
Net liabilities
(21,047)
(22,235)
Called up share capital
4
4
Profit and loss account
(21,051)
(22,239)
Shareholders' funds
(21,047)
(22,235)
For the year ending 31 December 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 director acknowledges her 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 and authorised for issue on 12 January 2024 and were signed on its behalf by
Amber Akhter
Director
Company Registration No. 11718088
Parcel Planet Limited
Notes to the Accounts
for the year ended 31 December 2023
Parcel Planet Limited is a private company, limited by shares, registered in England and Wales, registration number 11718088. The registered office is 9 Avallon Way, Darwen, Lancashire , BB3 3JZ, UK.
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.
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:
Motor vehicles
Over 4 years
4
Tangible fixed assets
Motor vehicles
At 31 December 2023
72,052
At 31 December 2023
54,867
At 31 December 2023
17,185
At 31 December 2022
22,914
Parcel Planet Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
8,130
9,450
Obligations under finance leases and hire purchase contracts
18,332
24,442
Taxes and social security
2,505
1,264
Loans from directors
11,523
14,965
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).