Company Registration No. 12357993 (England and Wales)
Parsa Cosmetics Limited
Unaudited accounts
for the year ended 31 December 2021
Parsa Cosmetics Limited
Unaudited accounts
Contents
Parsa Cosmetics Limited
Company Information
for the year ended 31 December 2021
Company Number
12357993 (England and Wales)
Registered Office
42-44 Adelaide Street
Bradford
BD5 0EA
Parsa Cosmetics Limited
Statement of financial position
as at
31 December 2021
Tangible assets
1,122
1,369
Cash at bank and in hand
3
55
Creditors: amounts falling due within one year
(5,888)
(5,972)
Net current liabilities
(5,208)
(5,491)
Net liabilities
(4,086)
(4,122)
Called up share capital
100
100
Profit and loss account
(4,186)
(4,222)
Shareholders' funds
(4,086)
(4,122)
For the year ending 31 December 2021 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 24 September 2022 and were signed on its behalf by
Parsa Mushtaq
Director
Company Registration No. 12357993
Parsa Cosmetics Limited
Notes to the Accounts
for the year ended 31 December 2021
Parsa Cosmetics Limited is a private company, limited by shares, registered in England and Wales, registration number 12357993. The registered office is 42-44 Adelaide Street, Bradford, BD5 0EA.
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:
Fixtures & fittings
18% Reducing balance
Computer equipment
18% Reducing balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2021
1,070
600
1,670
At 31 December 2021
1,070
600
1,670
At 1 January 2021
193
108
301
Charge for the year
158
89
247
At 31 December 2021
351
197
548
At 31 December 2021
719
403
1,122
At 31 December 2020
877
492
1,369
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
277
46
Parsa Cosmetics Limited
Notes to the Accounts
for the year ended 31 December 2021
6
Creditors: amounts falling due within one year
2021
2020
Loans from directors
5,488
5,602
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).