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REGISTERED NUMBER: 12537755 (England and Wales)












Unaudited Financial Statements

for the Period

1 April 2023 to 16 September 2024

for

Parisi Office Services Limited

Parisi Office Services Limited (Registered number: 12537755)






Contents of the Financial Statements
for the Period 1 April 2023 to 16 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Parisi Office Services Limited

Company Information
for the Period 1 April 2023 to 16 September 2024







DIRECTOR: M J Baylis





REGISTERED OFFICE: Hillcrest
Main Street
Appleton Roebuck
York
YO23 7DA





REGISTERED NUMBER: 12537755 (England and Wales)





ACCOUNTANTS: Venture
Chartered Accountants
Venture House
Calne Road
Lyneham
Chippenham
SN15 4PP

Parisi Office Services Limited (Registered number: 12537755)

Statement of Financial Position
16 September 2024

16.9.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 319

CURRENT ASSETS
Cash at bank 358,086 48,557

CREDITORS
Amounts falling due within one year 5 142,329 17,148
NET CURRENT ASSETS 215,757 31,409
TOTAL ASSETS LESS CURRENT
LIABILITIES

215,757

31,728

CAPITAL AND RESERVES
Called up share capital 6 - 1
Retained earnings 215,757 31,727
SHAREHOLDERS' FUNDS 215,757 31,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 16 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 16 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 October 2024 and were signed by:





M J Baylis - Director


Parisi Office Services Limited (Registered number: 12537755)

Notes to the Financial Statements
for the Period 1 April 2023 to 16 September 2024

1. STATUTORY INFORMATION

Parisi Office Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Financial instruments
The company has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments.

Basic financial assets, including trade and other receivables and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities, including trade and other payables, bank loans and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Parisi Office Services Limited (Registered number: 12537755)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 16 September 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 16 September 2024 365
DEPRECIATION
At 1 April 2023 46
Charge for period 319
At 16 September 2024 365
NET BOOK VALUE
At 16 September 2024 -
At 31 March 2023 319

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
16.9.24 31.3.23
£    £   
Taxation and social security 137,155 6,836
Other creditors 5,174 10,312
142,329 17,148

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 16.9.24 31.3.23
value: £    £   
1 ordinary £1 - 1

Parisi Office Services Limited (Registered number: 12537755)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 16 September 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 16 September 2024 and the year ended 31 March 2023:

16.9.24 31.3.23
£    £   
M J Baylis
Balance outstanding at start of period (312 ) 1,925
Amounts repaid - (2,237 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - (312 )

The balance was repaid in full after the year end.

8. RELATED PARTY DISCLOSURES

During the year revenue of £448,333 (2023 £85,000) was generated from a company controlled by a close family member.