Parks Icecream Franchise Limited |
Registered Number:06991687 |
For the year ended 31 August 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2022
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
2021
2022
Property, plant and equipment |
37
49
37
49
1,000
1,000
2
Trade and other receivables |
630
1,347
3
119,158
Cash and cash equivalents |
196,137
198,484
120,788
Trade and other payables: amounts falling due within one |
year |
(100,921)
(180,318)
4
19,867
18,166
Net current assets
Total assets less current liabilities |
18,203
19,916
Trade and other payables: amounts falling due after more |
than one year |
(14,550)
(10,823)
5
7,380
Net assets
5,366
3
3
7,377
5,363
7,380
5,366
Shareholders' funds
For the year ended 31 August 2022 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 of its financial statements for the year ended 31 August 2022 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their 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 24 May 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 August 2022
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 FRS102 Section 1A 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 |
2021
2022
1,000
1,000
3. Trade and other receivables |
2021
2022
1,347
630
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For the year ended 31 August 2022
Parks Icecream Franchise Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2021
2022
3,666
3,575
4,311
9,260
Taxation and social security |
5,167
4,751
167,174
83,335
180,318
100,921
5. Trade and other payables: amounts falling due after more than one year |
2021
2022
10,823
14,550
6. Average number of persons employed |
During the year the average number of employees was 3 (2021 : 3)
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