Registered number
12151384
Pars Consultancy Ltd
Unaudited Filleted Accounts
31 August 2024
Pars Consultancy Ltd
Registered number: 12151384
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,842 4,993
Current assets
Debtors 4 61,044 56,742
Cash at bank and in hand 2,010 6,498
63,054 63,240
Creditors: amounts falling due within one year 5 (4,312) (1,095)
Net current assets 58,742 62,145
Total assets less current liabilities 61,584 67,138
Creditors: amounts falling due after more than one year 6 (11,428) (17,327)
Net assets 50,156 49,811
Capital and reserves
Called up share capital 100 100
Profit and loss account 50,056 49,711
Shareholders' funds 50,156 49,811
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ali Azizi Yengejeh
Director
Approved by the board on 18 February 2025
Pars Consultancy Ltd
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 3
Pars Consultancy Ltd 12151384 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 Ali Azizi Yengejeh No description of principal activity 12151384 2022-09-01 2023-08-31 12151384 core:WithinOneYear 2023-08-31 12151384 core:AfterOneYear 2023-08-31 12151384 core:ShareCapital 2023-08-31 12151384 core:RetainedEarningsAccumulatedLosses 2023-08-31 12151384 2023-09-01 2024-08-31 12151384 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12151384 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 12151384 bus:Director40 2023-09-01 2024-08-31 12151384 1 2023-09-01 2024-08-31 12151384 bus:FRS102 2023-09-01 2024-08-31 12151384 bus:FilletedAccounts 2023-09-01 2024-08-31 12151384 2024-08-31 12151384 core:WithinOneYear 2024-08-31 12151384 core:AfterOneYear 2024-08-31 12151384 core:ShareCapital 2024-08-31 12151384 core:RetainedEarningsAccumulatedLosses 2024-08-31 12151384 2023-08-31 iso4217:GBP xbrli:pure