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REGISTERED NUMBER: 07343430 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

NIELSEN PARRY LIMITED

NIELSEN PARRY LIMITED (REGISTERED NUMBER: 07343430)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NIELSEN PARRY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: N W T Parry
Mrs V M M Parry





SECRETARY: Mrs V M M Parry





REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 07343430 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

NIELSEN PARRY LIMITED (REGISTERED NUMBER: 07343430)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,759 3,016

CURRENT ASSETS
Stocks 20,602 15,307
Debtors 5 2,844 9,799
Cash at bank 49,970 62,507
73,416 87,613
CREDITORS
Amounts falling due within one year 6 61,660 52,820
NET CURRENT ASSETS 11,756 34,793
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,515

37,809

PROVISIONS FOR LIABILITIES 440 573
NET ASSETS 13,075 37,236

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 12,975 37,136
SHAREHOLDERS' FUNDS 13,075 37,236

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 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.

NIELSEN PARRY LIMITED (REGISTERED NUMBER: 07343430)

BALANCE SHEET - continued
31 AUGUST 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 Board of Directors and authorised for issue on 2 April 2024 and were signed on its behalf by:




N W T Parry - Director



Mrs V M M Parry - Director


NIELSEN PARRY LIMITED (REGISTERED NUMBER: 07343430)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

Nielsen Parry 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
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.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

NIELSEN PARRY LIMITED (REGISTERED NUMBER: 07343430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


2. ACCOUNTING POLICIES - continued

Amounts recoverable from clients in respect of unbilled work performed
Services provided during the year to clients that at the balance sheet date have not yet been billed are recognised as turnover. Turnover is recognised by reference to an assessment of the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor
Fixtures vehicles
and and Computer
fittings equipment equipment Totals
£    £    £    £   
COST
At 1 September 2022 3,412 1,690 10,466 15,568
Additions - - 986 986
Disposals - - (328 ) (328 )
At 31 August 2023 3,412 1,690 11,124 16,226
DEPRECIATION
At 1 September 2022 2,531 1,188 8,833 12,552
Charge for year 176 167 1,900 2,243
Eliminated on disposal - - (328 ) (328 )
At 31 August 2023 2,707 1,355 10,405 14,467
NET BOOK VALUE
At 31 August 2023 705 335 719 1,759
At 31 August 2022 881 502 1,633 3,016

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 1,652 8,670
Other debtors 1,192 1,129
2,844 9,799

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Taxation and social security 51,702 42,763
Other creditors 9,958 10,057
61,660 52,820

NIELSEN PARRY LIMITED (REGISTERED NUMBER: 07343430)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


7. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the directors, Mr and Mrs Parry, a total of £3,358. In 2022 the company was owed from the directors £3,758.