Acorah Software Products - Accounts Production 15.0.400 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 09470069 Miss D Greenall J Coronado true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09470069 2023-03-31 09470069 2024-03-31 09470069 2023-04-01 2024-03-31 09470069 frs-core:CurrentFinancialInstruments 2024-03-31 09470069 frs-core:Non-currentFinancialInstruments 2024-03-31 09470069 frs-core:ShareCapital 2024-03-31 09470069 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 09470069 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09470069 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 09470069 frs-bus:SmallEntities 2023-04-01 2024-03-31 09470069 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09470069 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09470069 1 2023-04-01 2024-03-31 09470069 frs-bus:Director1 2023-04-01 2024-03-31 09470069 frs-countries:EnglandWales 2023-04-01 2024-03-31 09470069 2022-03-31 09470069 2023-03-31 09470069 2022-04-01 2023-03-31 09470069 frs-core:CurrentFinancialInstruments 2023-03-31 09470069 frs-core:Non-currentFinancialInstruments 2023-03-31 09470069 frs-core:ShareCapital 2023-03-31 09470069 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 09470069
Parino Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Statement of Financial Position 1
Notes to the Financial Statements 2
Page 1
Statement of Financial Position
Registered number: 09470069
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 2,500 2,500
Cash at bank and in hand 4,267 3,735
6,767 6,235
Creditors: Amounts Falling Due Within One Year 5 (13,355 ) (14,282 )
NET CURRENT ASSETS (LIABILITIES) (6,588 ) (8,047 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,588 ) (8,047 )
Creditors: Amounts Falling Due After More Than One Year 6 (4,895 ) (8,980 )
NET LIABILITIES (11,483 ) (17,027 )
CAPITAL AND RESERVES
Called up share capital 7 100 100
Income Statement (11,583 ) (17,127 )
SHAREHOLDERS' FUNDS (11,483) (17,027)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
The financial statements were approved by the board of directors on 27 June 2024 and were signed on its behalf by:
Miss D Greenall
Director
27 June 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Parino Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09470069 . The registered office is Finance House, 20/21 Aviation Way, Southend On Sea, Essex, SS2 6UN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Stocks
2024 2023
£ £
Stocks 2,500 2,500
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,220 1,120
Bank loans and overdrafts 4,085 3,983
Other creditors 8,008 9,172
Taxation and social security 42 7
13,355 14,282
6. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Loans 4,895 8,980
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
8. Ultimate Controlling Party
The company's ultimate controlling party is J Coronado by virtue of his ownership of 100% of the issued share capital in the company.
Page 2