Company Registration No. 00959942 (England and Wales)
PARAFIX LIMITED
DIRECTORS' REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
PARAFIX LIMITED
CONTENTS
Page
Directors' report
1
Balance sheet
2
Notes to the financial statements
3
PARAFIX LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2018
- 1 -
The directors present their report and unaudited financial statements for the year ended 31 December 2018. The company is dormant and has not traded during the year.
Directors
The following directors have held office since 1 January 2018:
Mr C P Wills
(Resigned 4 May 2018)
Mr M A Punter
Mr F E Cameron
(Appointed 4 May 2018)
On behalf of the board
Mr M A Punter
Director
27 September 2019
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2018
The company has not traded during the year or the preceding financial year. During these years, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
PARAFIX LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2018
31 December 2018
- 2 -
2018
2017
Notes
£
£
Current assets
Cash at bank and in hand
2
2
Creditors: amounts falling due within one year
2
(945)
(945)
Total assets less current liabilities
(943)
(943)
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
4
(1,043)
(1,043)
Shareholders' funds
(943)
(943)
Audit exemption statement
For the financial year ended 31 December 2018 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board and authorised for issue on 27 September 2019
Mr M A Punter
Director
Company Registration No. 00959942
PARAFIX LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2018
- 3 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention.
Under the Companies Act, the company has elected to retain its accounting policies for reported assets, liabilities and equity at the date of transition to FRS 102 until there is any change to those balances or the company undertakes any new transactions. The company remains dormant, and has elected to retain its previous accounting policies and is not required to restate its opening balance sheet at the date of transition.
2
Creditors: amounts falling due within one year
2018
2017
£
£
Other creditors
945
945
3
Share capital
2018
2017
£
£
Allotted, called up and fully paid
100 ordinary shares of £1 each
100
100
4
Statement of movements on profit and loss account
Profit
and loss
account
£
Balance at 1 January 2018
(1,043)
Balance at 31 December 2018
(1,043)
5
Control
The ultimate parent company is Parafix Holdings Limited, a company registered in England and Wales.
Parafix Holdings Limited prepares group financial statements and copies can be obtained from Companies House.