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REGISTERED NUMBER: 13921099 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Parkermoon Ltd

Parkermoon Ltd (Registered number: 13921099)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Parkermoon Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr Martin William Vodden





REGISTERED OFFICE: Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS





REGISTERED NUMBER: 13921099 (England and Wales)





ACCOUNTANTS: Capitax Financial Limited
Devonshire House
582 Honeypot Lane
Stanmore
MIDDLESEX
HA7 1JS

Parkermoon Ltd (Registered number: 13921099)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible Assets - Crypto 4 45,415 13,506

CURRENT ASSETS
Debtors 5 1,032 1,079
Cash at bank 387 7,508
1,419 8,587
CREDITORS
Amounts falling due within one year 6 37,096 19,277
NET CURRENT LIABILITIES (35,677 ) (10,690 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,738

2,816

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,638 2,716
SHAREHOLDERS' FUNDS 9,738 2,816

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 his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2024 and were signed by:





Mr Martin William Vodden - Director


Parkermoon Ltd (Registered number: 13921099)

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

1. STATUTORY INFORMATION

Parkermoon Ltd 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.

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.

Intangible assets - crypto-assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.
Crypto-Assets are being amortised evenly over their estimated useful life of 10 years.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Parkermoon Ltd (Registered number: 13921099)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2023 15,007
Additions 37,122
At 29 February 2024 52,129
AMORTISATION
At 1 March 2023 1,501
Charge for year 5,213
At 29 February 2024 6,714
NET BOOK VALUE
At 29 February 2024 45,415
At 28 February 2023 13,506

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 944 991
Other debtors 88 88
1,032 1,079

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 934 -
Taxation and social security 1,624 1,928
Other creditors 34,538 17,349
37,096 19,277

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 29 February 2024, Parkermoon Ltd owed £34,538 to its to its directors. This amount is reflected in their respective director's loan accounts in credit balances, which is shown as part of Other creditors under Creditors due within one year. Please be advised that both the directors have agreed to provide this loan on an interest free basis and the loan is repayable on demand.