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REGISTERED NUMBER: 09604064 (England and Wales)


Financial Statements for the Year Ended 31 May 2023

for

Pari Stores Limited

Pari Stores Limited (Registered number: 09604064)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Pari Stores Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: Mrs Sapana Patel





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD





REGISTERED NUMBER: 09604064 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Pari Stores Limited (Registered number: 09604064)

Statement of Financial Position
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 180,000 180,000
Property, plant and equipment 5 8,912 3,283
188,912 183,283

CURRENT ASSETS
Inventories 28,831 27,742
Debtors 6 165 -
Cash at bank and in hand 11,222 3,048
40,218 30,790
CREDITORS
Amounts falling due within one year 7 33,917 15,408
NET CURRENT ASSETS 6,301 15,382
TOTAL ASSETS LESS CURRENT
LIABILITIES

195,213

198,665

CREDITORS
Amounts falling due after more than one
year

8

185,445

195,343
NET ASSETS 9,768 3,322

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 9,668 3,222
SHAREHOLDERS' FUNDS 9,768 3,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Pari Stores Limited (Registered number: 09604064)

Statement of Financial Position - continued
31 May 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 November 2023 and were signed by:





Mrs Sapana Patel - Director


Pari Stores Limited (Registered number: 09604064)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Pari Stores Limited 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 180,000
NET BOOK VALUE
At 31 May 2023 180,000
At 31 May 2022 180,000

Pari Stores Limited (Registered number: 09604064)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 June 2022 17,353
Additions 8,600
At 31 May 2023 25,953
DEPRECIATION
At 1 June 2022 14,070
Charge for year 2,971
At 31 May 2023 17,041
NET BOOK VALUE
At 31 May 2023 8,912
At 31 May 2022 3,283

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 165 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 11,358 3,200
Taxation and social security 2,645 3,979
Other creditors 19,914 8,229
33,917 15,408

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans 185,445 195,343

Pari Stores Limited (Registered number: 09604064)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
100 Ordinary £1 100 100