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REGISTERED NUMBER: 07685240 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

PARMITER HOLDINGS LTD

PARMITER HOLDINGS LTD (REGISTERED NUMBER: 07685240)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Balance sheet 1

Notes to the financial statements 2


PARMITER HOLDINGS LTD (REGISTERED NUMBER: 07685240)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Investments 4 26,667 26,667

Current assets
Debtors 5 50,319 10,319

Creditors
Amounts falling due within one year 6 46,558 6,558
Net current assets 3,761 3,761
Total assets less current liabilities 30,428 30,428

Capital and reserves
Called up share capital 7 291,673 291,673
Retained earnings (261,245 ) (261,245 )
Shareholders' funds 30,428 30,428

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of comprehensive income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2024 and were signed on its behalf by:





Mr D L Merrifield - Director


PARMITER HOLDINGS LTD (REGISTERED NUMBER: 07685240)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. Statutory information

Parmiter Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07685240. The registered office address is 7&8 Church Street, Wimborne, Dorset, BH21 1JH and the business address is The Wyatt Homes Stadium, 16 Ainsley Road, Wimborne, Dorset, BH21 2FU.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements present information about the company as an individual undertaking and not about its group. The company and its parent comprise a small-sized group. The group has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Financial instruments
Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

Fixed asset investments
Fixed Asset Investments are stated at cost less diminution in value if appropriate.

3. Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

PARMITER HOLDINGS LTD (REGISTERED NUMBER: 07685240)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. Fixed asset investments
Shares in
group
undertakings
£   
Cost
At 1 June 2023
and 31 May 2024 26,667
Net book value
At 31 May 2024 26,667
At 31 May 2023 26,667

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Amounts owed by group undertakings 50,319 10,319

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Amounts owed to group undertakings 40,000 -
Directors' current accounts 5,964 5,964
Accruals and deferred income 594 594
46,558 6,558

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
291,673 Ordinary £1 291,673 291,673

8. Ultimate controlling party

The company is controlled by New Cuthbury Investments Ltd (Company Number 13779831) by virtue of its 50.8% ownership of the issued share capital.

The ultimate controlling party is Mr Martin Higgins.