Abbreviated Company Accounts - M PARKINSON LIMITED

M PARKINSON LIMITED - Company Information

07813351 M PARKINSON LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 07813351 2015-11-01 2016-10-31 07813351 2016-10-31 07813351 2015-10-31 07813351 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 07813351 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 07813351

M PARKINSON LIMITED

Abbreviated Accounts

31 October 2016

M PARKINSON LIMITED Registered Number 07813351

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	557	743
		557	743
Current assets
Debtors		1,722	707
Cash at bank and in hand		519	753
		2,241	1,460
Creditors: amounts falling due within one year		(2,051)	(1,788)
Net current assets (liabilities)		190	(328)
Total assets less current liabilities		747	415
Provisions for liabilities		(111)	(149)
Total net assets (liabilities)		636	266
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		635	265
Shareholders' funds		636	266

For the year ending 31 October 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 July 2017

And signed on their behalf by:
M Parkinson, Director

M PARKINSON LIMITED Registered Number 07813351

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery 25% reducing balance

Other accounting policies
Stocks
Stock is valued at the lower of cost and net realisable value.

Deferred taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

2Tangible fixed assets

	£
Cost
At 1 November 2015	2,350
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	2,350
Depreciation
At 1 November 2015	1,607
Charge for the year	186
On disposals	-
At 31 October 2016	1,793
Net book values
At 31 October 2016	557
At 31 October 2015	743

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
1 Ordinary shares of £1 each	1	1