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REGISTERED NUMBER: 09197001 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2020

for

Carparkat Ltd

Carparkat Ltd (Registered number: 09197001)






Contents of the Financial Statements
for the Year Ended 31 March 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Carparkat Ltd

Company Information
for the Year Ended 31 March 2020







DIRECTORS: B Goodwin
B Jones





REGISTERED OFFICE: Lower Sheep House Farm
Hay-On-Wye
Hereford
Herefordshire
HR3 5PP





REGISTERED NUMBER: 09197001 (England and Wales)





ACCOUNTANTS: Thorne & Co.
Accountants and Registered Auditors
1 St Mary's Street
Ross-on-Wye
Herefordshire
HR9 5HT

Carparkat Ltd (Registered number: 09197001)

Balance Sheet
31 March 2020

31.3.20 31.3.19
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,087 8,829

CURRENT ASSETS
Debtors 5 47,698 24,061
Cash at bank 23,547 44,756
71,245 68,817
CREDITORS
Amounts falling due within one year 6 63,780 62,338
NET CURRENT ASSETS 7,465 6,479
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,552

15,308

PROVISIONS FOR LIABILITIES 7 1,346 1,677
NET ASSETS 13,206 13,631

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 13,204 13,629
SHAREHOLDERS' FUNDS 13,206 13,631

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

Carparkat Ltd (Registered number: 09197001)

Balance Sheet - continued
31 March 2020


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 June 2020
and were signed on its behalf by:





B Goodwin - Director


Carparkat Ltd (Registered number: 09197001)

Notes to the Financial Statements
for the Year Ended 31 March 2020

1. STATUTORY INFORMATION

Carparkat Ltd is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company
Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 30% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of
Income and Retained Earnings, except to the extent that it relates to items recognised in other
comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that
are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is
probable that they will be recovered against the reversal of deferred tax liabilities or other future
taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the
period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 86 (2019 - 51 ) .

Carparkat Ltd (Registered number: 09197001)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2020

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2019
and 31 March 2020 8,743 5,930 14,673
DEPRECIATION
At 1 April 2019 2,699 3,145 5,844
Charge for year 907 835 1,742
At 31 March 2020 3,606 3,980 7,586
NET BOOK VALUE
At 31 March 2020 5,137 1,950 7,087
At 31 March 2019 6,044 2,785 8,829

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.20 31.3.19
£    £   
Trade debtors 35,836 20,722
Prepayments and accrued income 11,862 3,339
47,698 24,061

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.20 31.3.19
£    £   
Trade creditors 8,473 18,086
Taxation and social security 31,735 27,580
Other creditors 23,572 16,672
63,780 62,338

7. PROVISIONS FOR LIABILITIES
31.3.20 31.3.19
£    £   
Deferred tax
Accelerated capital allowances 1,346 1,677

Deferred
tax
£   
Balance at 1 April 2019 1,677
Credit to Statement of Income and Retained Earnings during year (331 )
Balance at 31 March 2020 1,346