PARCAP LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023
The Company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 09999574. The Company's registered office is Hagley House, 95 Hagley Road, Edgbaston, Birmingham, West Midlands, B16 8PE.
The company was previously known by the name Parcap (Ventures) Limited but on 11 October 2022 the company changed its name to Parcap Ltd which it has been known by since.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.
2.Accounting policies
|
|
Basis of preparation of financial statements
|
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Cash flow
Under Financial Reporting Standard 102, the company is exempt from the requirement to prepare a cash flow statement on the grounds that it qualifies as a small company.
|
The average monthly number of employees, including directors, during the year was 2 (2022 - 1).
|
|
|
Allotted, called up and fully paid
|
|
|
|
|
|
|
|
|
|
100 (2022 - 50) Ordinary shares of £1.00 each
|
|
|
On the 1 January 2023 50 Ordinary shares of £1.00 each were allotted at par value.
|