Registered Number 04513692
PARENTPAY LIMITED
Abbreviated Accounts
30 November 2014
Notes | 2014 | 2013 | |
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£ | £ | ||
Called up share capital not paid |
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Fixed assets | |||
Intangible assets | 2 |
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Tangible assets | 3 |
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Current assets | |||
Debtors | 4 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
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( |
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Net current assets (liabilities) |
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Total assets less current liabilities |
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Accruals and deferred income |
( |
( |
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Total net assets (liabilities) |
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Capital and reserves | |||
Called up share capital | 5 |
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Share premium account |
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Profit and loss account |
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Shareholders' funds |
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Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Tangible assets depreciation policy
Plant and Machinery 25% on cost
Fixtures and Fittings 20% on cost
Motor Vehicles 25% on cost
Computer Equipment 33% on cost
Other accounting policies
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Research and development
During 2014, the company commenced upon a one-off project migrating the company's existing systems to a new technical infrastructure and this cost will initially be capitalised in reflection of increasing balance sheet value.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.
£ | |
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Cost | |
At 1 December 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 November 2014 |
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Amortisation | |
At 1 December 2013 |
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Charge for the year |
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On disposals |
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At 30 November 2014 |
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Net book values | |
At 30 November 2014 | 259,374 |
At 30 November 2013 | 330,661 |
£ | |
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Cost | |
At 1 December 2013 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 November 2014 |
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Depreciation | |
At 1 December 2013 |
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Charge for the year |
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On disposals |
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At 30 November 2014 |
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Net book values | |
At 30 November 2014 | 509,296 |
At 30 November 2013 | 247,707 |
2014
£ |
2013
£ |
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Debtors include the following amounts due after more than one year |
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6 Transactions with directors
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 1 December 2013: |
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Advances or credits made: | £ |
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Advances or credits repaid: |
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Balance at 30 November 2014: | £ |
Name of director receiving advance or credit: |
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Description of the transaction: |
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Balance at 1 December 2013: |
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Advances or credits made: | £ |
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Advances or credits repaid: |
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Balance at 30 November 2014: | £ |