Company Registration No. 08949328 (England and Wales)
PARCEL DEN ONLINE LTD
Unaudited accounts
for the year ended 31 January 2021
PARCEL DEN ONLINE LTD
Unaudited accounts
Contents
PARCEL DEN ONLINE LTD
Company Information
for the year ended 31 January 2021
Directors
Mr Naveid Maqbool
Mr Suhayl Maqboul
Company Number
08949328 (England and Wales)
Registered Office
PARCELDEN, SUITE 3.1, DELPHIAN HOUSE
RIVERSIDE, NEW BAILEY STREET
MANCHESTER
M3 5FS
ENGLAND
Accountants
Myrtle Gund Accountants
248 Lockwood Road
Huddersfield
HD1 3TG
PARCEL DEN ONLINE LTD
Statement of financial position
as at 31 January 2021
Intangible assets
24,750
26,400
Tangible assets
2,294
2,867
Cash at bank and in hand
461,416
162,562
Creditors: amounts falling due within one year
(500,443)
(142,358)
Net current (liabilities)/assets
(26,044)
23,202
Called up share capital
1,000
1,000
Profit and loss account
-
51,469
Shareholders' funds
1,000
52,469
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 26 October 2021 and were signed on its behalf by
Mr Naveid Maqbool
Director
Company Registration No. 08949328
PARCEL DEN ONLINE LTD
Notes to the Accounts
for the year ended 31 January 2021
PARCEL DEN ONLINE LTD is a private company, limited by shares, registered in England and Wales, registration number 08949328. The registered office is PARCELDEN, SUITE 3.1, DELPHIAN HOUSE, RIVERSIDE, NEW BAILEY STREET, MANCHESTER, M3 5FS, ENGLAND.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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:
PARCEL DEN ONLINE LTD
Notes to the Accounts
for the year ended 31 January 2021
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Computer equipment
6
Debtors: amounts falling due within one year
2021
2020
Trade debtors
12,983
2,998
7
Creditors: amounts falling due within one year
2021
2020
Other creditors
500,443
142,358
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 2 (2020: 2).
