PARTY EXPRESS LONDON LTD

Company Registration Number:
09062156 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

PARTY EXPRESS LONDON LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

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 2024




Director: M 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 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 25,695 31,335
Total fixed assets: 25,695 31,335
Current assets
Stocks: 7,500 7,500
Debtors: 5 2,790 6,034
Cash at bank and in hand: 2,719 5,901
Total current assets: 13,009 19,435
Creditors: amounts falling due within one year: 6 ( 1,910 ) ( 498 )
Net current assets (liabilities): 11,099 18,937
Total assets less current liabilities: 36,794 50,272
Creditors: amounts falling due after more than one year: 7 ( 67,786 ) ( 78,624 )
Total net assets (liabilities): ( 30,992 ) ( 28,352 )

The notes form part of these financial statements

PARTY EXPRESS LONDON LTD

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 30,993 ) ( 28,353 )
Shareholders funds: ( 30,992 ) ( 28,352 )

For the year ending 31 May 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 25 February 2025
And Signed On Behalf Of The Board By:

Name: M 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 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

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible assets

Motor vehicles Total
Cost £ £
At 01 June 2023 31,335 31,335
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 May 2024 31,335 31,335
Depreciation
At 01 June 2023 - -
Charge for year 5,640 5,640
On disposals - -
Other adjustments - -
At 31 May 2024 5,640 5,640
Net book value
At 31 May 2024 25,695 25,695
At 31 May 2023 31,335 31,335

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors


2024
£

2023
£
Other debtors 2,790 6,034
Total 2,790 6,034

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 1,411
Taxation and social security 99 98
Accruals and deferred income 400 400
Total 1,910 498

PARTY EXPRESS LONDON LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

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


2024
£

2023
£
Bank loans and overdrafts 41,188 47,511
Amounts due under finance leases and hire purchase contracts 24,546 31,113
Other creditors 2,052
Total 67,786 78,624