Company Registration No. 12357993 (England and Wales)
Parsa Cosmetics Limited
Unaudited accounts
for the period from 10 December 2019 to 31 December 2020
Parsa Cosmetics Limited
Unaudited accounts
Contents
Parsa Cosmetics Limited
Company Information
for the period from 10 December 2019 to 31 December 2020
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 2020
Cash at bank and in hand
55
Creditors: amounts falling due within one year
(5,972)
Net current liabilities
(5,491)
Called up share capital
100
Profit and loss account
(4,222)
Shareholders' funds
(4,122)
For the period ending 31 December 2020 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 7 September 2021 and were signed on its behalf by
Parsa Mushtaq
Director
Company Registration No. 12357993
Parsa Cosmetics Limited
Notes to the Accounts
for the period from 10 December 2019 to 31 December 2020
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 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 10 December 2019
-
-
-
Additions
1,070
600
1,670
At 31 December 2020
1,070
600
1,670
Charge for the period
193
108
301
At 31 December 2020
193
108
301
At 31 December 2020
877
492
1,369
5
Debtors: amounts falling due within one year
2020
Accrued income and prepayments
46
Parsa Cosmetics Limited
Notes to the Accounts
for the period from 10 December 2019 to 31 December 2020
6
Creditors: amounts falling due within one year
2020
Loans from directors
5,602
7
Average number of employees
During the period the average number of employees was 1.