Company Registration No. 03198223 (England and Wales)
James Park Associates Limited
Unaudited accounts
for the year ended 31 May 2021
James Park Associates Limited
Unaudited accounts
Contents
James Park Associates Limited
Company Information
for the year ended 31 May 2021
Director
James William Park
Company Number
03198223 (England and Wales)
Registered Office
Meadow Farm, Spaldington,
Spaldington
Goole
DN14 7NJ
England
James Park Associates Limited
Statement of financial position
as at
31 May 2021
Debtors
1,859,843
673,726
Cash at bank and in hand
16,538
58,686
Creditors: amounts falling due within one year
(294,894)
(142,211)
Net current assets
1,581,487
590,201
Total assets less current liabilities
1,581,487
599,421
Creditors: amounts falling due after more than one year
-
(582)
Net assets
1,581,487
598,839
Called up share capital
2
2
Profit and loss account
1,581,485
598,837
Shareholders' funds
1,581,487
598,839
For the year ending 31 May 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 director acknowledges his 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 21 February 2022 and were signed on its behalf by
James William Park
Director
Company Registration No. 03198223
James Park Associates Limited
Notes to the Accounts
for the year ended 31 May 2021
James Park Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 03198223. The registered office is Meadow Farm, Spaldington, , Spaldington, Goole, DN14 7NJ, 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.
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:
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
9,220
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
1,587,823
354,454
Amounts due from group undertakings etc.
214,616
192,162
Accrued income and prepayments
-
73,151
Other debtors
37,584
37,584
James Park Associates Limited
Notes to the Accounts
for the year ended 31 May 2021
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
52,512
103,509
Amounts owed to group undertakings and other participating interests
62,000
-
Taxes and social security
22,107
33,205
Loans from directors
1,897
1,897
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 8 (2020: 8).