Acorah Software Products - Accounts Production 16.1.200 false true false true No description of principal activity 1 July 2022 31 July 2023 31 July 2023 14208206 Mr M A O'Neal iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14208206 2022-06-30 14208206 2023-07-31 14208206 2022-07-01 2023-07-31 14208206 frs-core:CurrentFinancialInstruments 2023-07-31 14208206 frs-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-07-31 14208206 frs-bus:FilletedAccounts 2022-07-01 2023-07-31 14208206 frs-bus:Micro-entities 2022-07-01 2023-07-31 14208206 frs-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-07-31 14208206 frs-bus:Director1 2022-07-01 2023-07-31 14208206 frs-bus:Director1 2022-06-30 14208206 frs-bus:Director1 2023-07-31
Registered number: 14208206
Parallel Tree Limited
Unaudited Financial Statements
For the Period 1 July 2022 to 31 July 2023
Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of Parallel Tree Limited For the Period 1 July 2022 to 31 July 2023
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Parallel Tree Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of Parallel Tree Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Parallel Tree Limited and state those matters that we have agreed to state to the director of Parallel Tree Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Parallel Tree Limited and its director as a body for our work or for this report.
It is your duty to ensure that Parallel Tree Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Parallel Tree Limited . You consider that Parallel Tree Limited is exempt from the statutory audit requirement for the period.
We have not been instructed to carry out an audit or a review of the accounts of Parallel Tree Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
6 January 2025
Sherwin Currid Accountancy Limited
Chartered Certified Accountants
32 London Road
Guildford
Surrey
GU1 2AB
Page 1
Balance Sheet
Registered number: 14208206
31 July 2023
£
Current assets 69,938
Creditors: Amounts Falling Due Within One Year (18,200 )
NET CURRENT ASSETS 51,738
TOTAL ASSETS LESS CURRENT LIABILITIES 51,738
Accruals and deferred income (516 )
NET ASSETS 51,222
CAPITAL AND RESERVES 51,222

Notes

1. General Information
Parallel Tree Limited is a private company, limited by shares, incorporated in Scotland, registered number 14208206 . The registered office is 83 Ducie Street, Manchester, Lancashire, M1 2JQ.
Basis of preparation
The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.
2. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
3. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2022 Amounts advanced Amounts repaid Amounts written off As at 31 July 2023
£ £ £ £ £
Mr M A O'Neal - 46,033 - - 46,033
The above loan is unsecured, interest free and repayable on demand.
Page 1
Page 2
For the period ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr M A O'Neal
Director
6 January 2025
Page 2