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REGISTERED NUMBER: 12457259 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

T&M Pars Limited

T&M Pars Limited (Registered number: 12457259)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T&M Pars Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Ms S E Syozer





REGISTERED OFFICE: 11 Grenadier Drive
Northstowe
Cambridge
CB24 1AF





REGISTERED NUMBER: 12457259 (England and Wales)





ACCOUNTANTS: Musalar & Co Accountants
International Accountant &Tax Consultant
FAIA, FFA, FIPA,,FFTA
536 Lordship Lane
London
N22 5BY

T&M Pars Limited (Registered number: 12457259)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £   
CURRENT ASSETS
Stocks 4 318 1,500
Cash at bank and in hand 85 102
403 1,602
CREDITORS
Amounts falling due within one year 5 49,312 59,446
NET CURRENT LIABILITIES (48,909 ) (57,844 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(48,909

)

(57,844

)

CREDITORS
Amounts falling due after more than one
year

6

77,840

63,302
NET LIABILITIES (126,749 ) (121,146 )

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 (126,849 ) (121,246 )
SHAREHOLDERS' FUNDS (126,749 ) (121,146 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

T&M Pars Limited (Registered number: 12457259)

Balance Sheet - continued
29 February 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:





Ms S E Syozer - Director


T&M Pars Limited (Registered number: 12457259)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

T&M Pars 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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

T&M Pars Limited (Registered number: 12457259)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

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

4. STOCKS
29.2.24 28.2.23
£    £   
Stocks 318 1,500

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts (see note 7) - 5,400
Trade creditors 34,684 33,735
Paye - 135
VAT 14,628 14,628
Other creditors - 3,653
Accrued expenses - 1,895
49,312 59,446

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans (see note 7) 14,250 15,154
Directors' loan accounts 63,590 48,148
77,840 63,302

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 14,250 15,154

7. LOANS

An analysis of the maturity of loans is given below:

29.2.24 28.2.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 5,400

Amounts falling due in more than five years:

T&M Pars Limited (Registered number: 12457259)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. LOANS - continued
29.2.24 28.2.23
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal 14,250 15,154

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary shares class A 1 100 100

9. RESERVES
Retained
earnings
£   

At 1 March 2023 (121,246 )
Deficit for the year (5,603 )
At 29 February 2024 (126,849 )