AMAN PARMAR LTD |
Notes to the Accounts |
for the year ended 31 July 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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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 rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Motor Vehicle |
25% Reducing balance basis |
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2 |
Employees |
2024 |
|
2023 |
Number |
Number |
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Average number of persons employed by the company |
1 |
|
1 |
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3 |
Tangible fixed assets |
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Computer and equipments |
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Motor vehicles |
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Total |
£ |
£ |
£ |
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Cost |
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At 1 August 2023 |
1,034 |
|
2,800 |
|
3,834 |
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At 31 July 2024 |
1,034 |
|
2,800 |
|
3,834 |
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|
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|
|
|
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|
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Depreciation |
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At 1 August 2023 |
453 |
|
2,427 |
|
2,880 |
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Charge for the year |
145 |
|
93 |
|
238 |
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At 31 July 2024 |
598 |
|
2,520 |
|
3,118 |
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Net book value |
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At 31 July 2024 |
436 |
|
280 |
|
716 |
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At 31 July 2023 |
581 |
|
373 |
|
954 |
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4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
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Other debtors |
3,761 |
|
3,761 |
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5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
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Taxation and social security costs |
1,770 |
|
1,770 |
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Other creditors |
34,023 |
|
29,857 |
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35,793 |
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31,627 |
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6 |
Other information |
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AMAN PARMAR LTD is a private company limited by shares and incorporated in England. Its registered office is: |
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25 Jeremiah Road |
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Wolverhampton |
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England |
|
WV10 0AJ |