Company registration number 08893333 (England and Wales)
SWARAN PARKASH LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024
SWARAN PARKASH LTD
COMPANY INFORMATION
Director
Ms R Panglin
Company number
08893333
Registered office
Unit 21 Sinfin Shopping Centre
Arleston Lane
Sinfin
Derby
DE24 3DS
Accountants
HSKS Greenhalgh Ltd
Charlotte House
Stanier Way
The Wyvern Business Park
Derby
DE21 6BF
Business address
Unit 21 Sinfin Shopping Centre
Arleston Lane
Sinfin
Derby
DE24 3DS
SWARAN PARKASH LTD
CONTENTS
Page
Accountants' report
1
Statement of financial position and notes to the financial statements
2 - 3
SWARAN PARKASH LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF SWARAN PARKASH LTD FOR THE YEAR ENDED 29 FEBRUARY 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Swaran Parkash Ltd for the year ended 29 February 2024, which comprise the statement of financial position, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Swaran Parkash Ltd, as a body, in accordance with the terms of our engagement letter 14 October 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Swaran Parkash Ltd and state those matters that we have agreed to state to the board of directors of Swaran Parkash Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Swaran Parkash Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Swaran Parkash Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Swaran Parkash Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Swaran Parkash Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
HSKS Greenhalgh Ltd
9 August 2024
HSKS Greenhalgh Ltd is part of the Dains Group
Charlotte House
Stanier Way
The Wyvern Business Park
Derby
DE21 6BF
SWARAN PARKASH LTD
STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024
29 February 2024
- 2 -
29 February 2024
28 February 2023
£
£
£
£
Fixed assets
20,699
26,611
Current assets
35,447
45,337
Prepayments and accrued income
1,675
1,606
Creditors: amounts falling due within one year
(132,451)
(145,886)
Net current liabilities
(95,329)
(98,943)
Total assets less current liabilities
(74,630)
(72,332)
Creditors: amounts falling due after more than one year
(10,046)
(18,246)
Net liabilities
(84,676)
(90,578)
Capital and reserves
(84,676)
(90,578)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
As at the balance sheet date the company had commitments in respect of operating leases to a total of £12,000 (2023 - £30,000).
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
7
9
Swaran Parkash Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 21 Sinfin Shopping Centre, Arleston Lane, Sinfin, Derby, DE24 3DS.
For the year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
SWARAN PARKASH LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 2024
29 February 2024
- 3 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 9 August 2024
Ms R Panglin
Director
Company registration number 08893333 (England and Wales)