Company Registration No. 11690087 (England and Wales)
Parwin Limited
Unaudited accounts
for the year ended 30 November 2023
Parwin Limited
Unaudited accounts
Contents
Parwin Limited
Company Information
for the year ended 30 November 2023
Directors
Bryar Kider
Huda Muzaffar Khan
Company Number
11690087 (England and Wales)
Registered Office
3 SARTORIA CLOSE
GRAYS
RM20 3BA
UNITED KINGDOM
Accountants
BPACL Accountancy Services Limited
83 Cowley Hill
Borehamwood
Hertfordshire
WD6 5NA
Parwin Limited
Statement of financial position
as at 30 November 2023
Intangible assets
404,997
97,200
Tangible assets
17,884
19,432
Cash at bank and in hand
293,688
467,803
Creditors: amounts falling due within one year
(292,942)
(232,106)
Net current assets
314,510
355,252
Total assets less current liabilities
737,391
471,884
Creditors: amounts falling due after more than one year
(28,351)
(48,909)
Provisions for liabilities
Deferred tax
(2,352)
(4,858)
Net assets
706,688
418,117
Called up share capital
1
1
Profit and loss account
706,687
418,116
Shareholders' funds
706,688
418,117
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by
Bryar Kider
Director
Company Registration No. 11690087
Parwin Limited
Notes to the Accounts
for the year ended 30 November 2023
Parwin Limited is a private company, limited by shares, registered in England and Wales, registration number 11690087. The registered office is 3 SARTORIA CLOSE, GRAYS, RM20 3BA, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 November 2023
404,997
At 30 November 2023
404,997
At 30 November 2022
97,200
Parwin Limited
Notes to the Accounts
for the year ended 30 November 2023
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2022
8,475
13,973
22,448
At 30 November 2023
8,475
15,561
24,036
At 1 December 2022
-
3,016
3,016
Charge for the year
-
3,136
3,136
At 30 November 2023
-
6,152
6,152
At 30 November 2023
8,475
9,409
17,884
At 30 November 2022
8,475
10,957
19,432
Amounts falling due within one year
Trade debtors
118,070
33,144
Accrued income and prepayments
2,769
2,214
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,590
9,590
Trade creditors
101,583
107,883
Taxes and social security
110,070
56,162
Loans from directors
71,381
57,421
8
Creditors: amounts falling due after more than one year
2023
2022
9
Capital commitments
2023
2022
Persons entitled: Barclays Security Trustee Limited
Brief description: Contains fixed charge. Contains floating charge. Floating charge covers all the property or undertaking of the company. Contains negative pledge.
Parwin Limited
Notes to the Accounts
for the year ended 30 November 2023
10
Average number of employees
During the year the average number of employees was 6 (2022: 6).