Registration number: 07147678
Parrabbola
(A company limited by guarantee)
Annual Report and Unaudited Financial Statements
for the Year Ended 30 June 2021
Batchelor & Company Charlton House 32 High Street Cullompton Devon EX15 1AE
Parrabbola
Contents
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Company Information 1
Directors' Report 2
Accountants' Report 3
Profit and Loss Account 4
Balance Sheet 5
Notes to the Financial Statements 6
The following pages do not form part of the statutory financial statements:
Detailed Profit and Loss Account 7 to 8
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Parrabbola
Company Information
Directors Leon Berger Marie Costa David Monteith Alistair Park Company secretary Mark Lintern Harris Registered office Charlton House 32 High Street Cullompton Devon EX15 1AE Accountants Batchelor & Company Charlton House 32 High Street Cullompton Devon EX15 1AE
Page 1
Parrabbola
Directors' Report for the Year Ended 30 June 2021
The directors present their report and the unaudited financial statements for the year ended 30 June 2021.
Directors of the company
The directors who held office during the year were as follows:
Leon Berger Marie Costa David Monteith Alistair Park
Small company provisions
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the Board on 21 March 2022 and signed on its behalf by:
......................................... Leon Berger Director
Page 2
Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Parrabbola
for the Year Ended 30 June 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Parrabbola for the year ended 30 June 2021 set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.
It is your duty to ensure that Parrabbola has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Parrabbola. You consider that Parrabbola is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Parrabbola. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
......................................
Batchelor & Company Charlton House 32 High Street Cullompton Devon EX15 1AE 21 March 2022
Page 3
Parrabbola
Profit and Loss Account for the Year Ended 30 June 2021
| Note Turnover Cost of sales Gross profit Administrative expenses Operating profit/(loss) 2 Other interest receivable and similar income Profit/(loss) on ordinary activities before taxation Profit/(loss) for the financial year 5 |
2021 £ 50,958 (3,206) 47,752 (41,953) 5,799 - 5,799 5,799 |
2020 £ 19,294 (52) |
|---|---|---|
| 19,242 (25,243) |
||
| (6,001) 3 |
||
| (5,998) | ||
| (5,998) |
The notes on page 6 form an integral part of these financial statements. Page 4
Parrabbola
(Registration number: 07147678)
Balance Sheet at 30 June 2021
| Note Current assets Cash at bank and in hand Creditors: Amounts falling due within one year 3 Net liabilities Capital and reserves Other reserves 5 Profit and loss account 5 Shareholders' deficit |
2021 £ 9,849 (17,171) (7,322) 104 (7,426) (7,322) |
2020 £ 3,579 (16,700) |
|---|---|---|
| (13,121) | ||
| 104 (13,225) |
||
| (13,121) |
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
For the year ending 30 June 2021 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.
Approved and authorised for issue by the Board on 21 March 2022 and signed on its behalf by:
......................................... Leon Berger Director
The notes on page 6 form an integral part of these financial statements. Page 5
Notes to the Financial Statements for the Year Ended 30 June 2021
Parrabbola
1 Accounting policies
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Turnover
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.
Hire purchase and leasing
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.
2 Operating profit/(loss)
Operating profit/(loss) is stated after charging:
| 2021 | 2020 |
|---|---|
| £ | £ |
3 Creditors: Amounts falling due within one year
| Trade creditors Other creditors |
2021 £ 1,221 15,950 17,171 |
2020 £ - 16,700 |
|---|---|---|
| 16,700 |
4 Company status
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £nil towards the assets of the company in the event of liquidation.
5 Reserves
| At 1 July 2020 Profit for the year At 30 June 2021 |
Other reserves £ 104 - 104 |
Profit and loss account £ (13,225) 5,799 (7,426) |
Total £ (13,121) 5,799 |
|---|---|---|---|
| (7,322) |
Page 6
Parrabbola
Detailed Profit and Loss Account for the Year Ended 30 June 2021
| Turnover (analysed below) Cost of sales (analysed below) Gross profit Gross profit (%) Administrative expenses Establishment costs (analysed below) General administrative expenses (analysed below) Finance charges (analysed below) Other interest receivable and similar income (analysed below) Profit/(loss) on ordinary activities before taxation |
2021 £ £ 50,958 (3,206) 47,752 93.71% (2,220) (39,565) (168) (41,953) - 5,799 |
2020 £ £ 19,294 (52) 19,242 99.73% - (25,243) - (25,243) 3 (5,998) |
2020 £ £ 19,294 (52) 19,242 99.73% - (25,243) - (25,243) 3 (5,998) |
|---|---|---|---|
| 19,242 | |||
| 99.73% (25,243) 3 |
|||
| (5,998) |
This page does not form part of the statutory financial statements Page 7
Parrabbola
Detailed Profit and Loss Account for the Year Ended 30 June 2021
| Turnover Sales Cost of sales Materials Establishment costs Insurance General administrative expenses Printing, postage and stationery Venue hire Sundry expenses Accountancy fees Consultancy fees Advertising Travel and subsistence Finance charges Bank charges Other interest receivable and similar income Bank interest receivable |
2021 £ 50,958 50,958 3,206 3,206 2,220 2,318 400 1,179 470 25,906 175 9,117 39,565 168 - - |
2020 £ 19,294 |
|---|---|---|
| 19,294 | ||
| 52 | ||
| 52 | ||
| - | ||
| - 852 886 450 20,186 - 2,869 |
||
| 25,243 | ||
| - | ||
| 3 | ||
| 3 |
This page does not form part of the statutory financial statements Page 8