Company Registration No. 5166011 (England and Wales)
PARMY Limited
Unaudited accounts
for the year ended 31 March 2024
PARMY Limited
Unaudited accounts
Contents
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
PARMY Limited
Statement of financial position
as at 31 March 2024
Inventories
153,193
143,302
Cash at bank and in hand
39,449
91,941
Creditors: amounts falling due within one year
(28,748)
(34,223)
Net current assets
536,980
524,221
Net assets
536,980
524,221
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
PARMY Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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 assets and liabilities to reflect current exchange rates
The accounts are presented in £ sterling.
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
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
At 31 March 2024
-
-
-
-
-
PARMY Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
371,657
322,743
Accrued income and prepayments
1,429
458
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
16,598
11,030
Taxes and social security
9,215
23,193
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).