Parks Icecream Franchise Limited
|
Registered Number
:
06991687
|
For the year ended 31 August 2019
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2019
Parks Icecream Franchise Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Parks Icecream Franchise Limited
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
87
116
2
87
116
1,500
1,500
3
Trade and other receivables
|
630
560
4
29,372
Cash and cash equivalents
|
24,537
26,597
31,502
Trade and other payables
:
amounts falling due within one
|
year
|
(26,859)
(21,344)
5
4,643
5,253
Net current assets
Total assets less current liabilities
|
5,340
4,759
5,340
Net assets
4,759
3
3
5,337
4,756
5,340
4,759
Shareholders' funds
For the year ended 31 August 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 in accordance with Section 476 of the Companies Act 2006
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The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
|
b
)
preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
|
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
|
394
and
395
and which otherwise comply with the requirements of the Companies Act
2006
relating to financial
|
statements
,
so far as applicable to the company
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 20 January 2020 and were signed by:
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The notes form part of these financial statements
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For the year ended 31 August 2019
Parks Icecream Franchise Limited
Notes to the Financial Statements
Statutory Information
Parks Icecream Franchise Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
|
registration number
06991687
.
|
83 Orchard Avenue
Blackpool
FY4 2NY
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of FRS
102
Section
1
A small
|
entities
.
There were no material departures from that standard
.
|
The financial statements have been prepared under the historical cost convention
.
|
Revenue recognition
Inome represents the retail value of sales of the company during the financial period..
Property, plant and equipment
Property, plant and equipment are stated at cost less depreciation.Depreciation is provided at rates appropriate to write of the cost of the assets on a reducing balance basis over thei estimated usesful lives as follows:Plant and fixtures 25% per annum
|
2
.
Property
,
plant and equipment
|
650
650
Provision for depreciation and impairment
|
534
Charge for year
29
563
87
116
2 of 3
For the year ended 31 August 2019
Parks Icecream Franchise Limited
Notes to the Financial Statements Continued
2018
2019
1,500
1,500
4
.
Trade and other receivables
|
2018
2019
560
630
5
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
5,062
4,538
Taxation and social security
|
3,675
4,575
12,607
17,746
21,344
26,859
6
.
Average number of persons employed
|
During the year the average number of employees was 3 (2018 : 3)
3 of 3