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Company Registration No. 5166011 (England and Wales)
PARMY Limited Unaudited accounts for the year ended 31 March 2024
PARMY Limited Unaudited accounts Contents
Page
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PARMY Limited Company Information for the year ended 31 March 2024
Directors
Jonathan Leadbitter Arbab Arshad
Company Number
5166011 (England and Wales)
Registered Office
Unit 36c Pallion Trading Estate Sunderland Tyne & Wear SR4 6SN UK
Accountants
JBC Management Solutions Ltd 5 Dene Park Ponteland Newcastle upon Tyne Northumberland NE20 9AH
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PARMY Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
153,193 
143,302 
Debtors
373,086 
323,201 
Cash at bank and in hand
39,449 
91,941 
565,728 
558,444 
Creditors: amounts falling due within one year
(28,748)
(34,223)
Net current assets
536,980 
524,221 
Net assets
536,980 
524,221 
Capital and reserves
Called up share capital
100 
100 
Share premium
152,379 
152,379 
Profit and loss account
384,501 
371,742 
Shareholders' funds
536,980 
524,221 
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 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 2 September 2024 and were signed on its behalf by
Jonathan Leadbitter Director Company Registration No. 5166011
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PARMY Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
PARMY Limited is a private company, limited by shares, registered in England and Wales, registration number 5166011. The registered office is Unit 36c, Pallion Trading Estate, Sunderland, Tyne & Wear, SR4 6SN, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain assets and liabilities to reflect current exchange rates
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant and machinery - 33% straight line Leasehold improvements - 33% straight line Office Furniture & Equipment - 33% straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
3,798 
797 
3,976 
4,842 
13,413 
At 31 March 2024
3,798 
797 
3,976 
4,842 
13,413 
Depreciation
At 1 April 2023
3,798 
797 
3,976 
4,842 
13,413 
At 31 March 2024
3,798 
797 
3,976 
4,842 
13,413 
Net book value
At 31 March 2024
- 
- 
- 
- 
- 
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PARMY Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
371,657 
322,743 
Accrued income and prepayments
1,429 
458 
373,086 
323,201 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
16,598 
11,030 
Taxes and social security
9,215 
23,193 
Accruals
2,935 
- 
28,748 
34,223 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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