REGISTERED NUMBER: |
THE PARKINS PARTNERSHIP LIMITED |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JUNE 2024 TO 31 JANUARY 2025 |
REGISTERED NUMBER: |
THE PARKINS PARTNERSHIP LIMITED |
FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JUNE 2024 TO 31 JANUARY 2025 |
THE PARKINS PARTNERSHIP LIMITED (REGISTERED NUMBER: 06918103) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JUNE 2024 TO 31 JANUARY 2025 |
Page |
Company information | 1 |
Balance sheet | 2 |
Notes to the financial statements | 3 |
THE PARKINS PARTNERSHIP LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 JUNE 2024 TO 31 JANUARY 2025 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
2 Tower House |
Hoddesdon |
Hertfordshire |
EN11 8UR |
THE PARKINS PARTNERSHIP LIMITED (REGISTERED NUMBER: 06918103) |
BALANCE SHEET |
31 JANUARY 2025 |
2025 | 2024 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Stocks |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current assets |
Total assets less current liabilities |
Capital and reserves |
Called up share capital |
Retained earnings |
Shareholders' funds |
The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
THE PARKINS PARTNERSHIP LIMITED (REGISTERED NUMBER: 06918103) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JUNE 2024 TO 31 JANUARY 2025 |
1. | Statutory information |
The Parkins Partnership Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
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 |
Plant and machinery etc | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Where the substance of a contract is that the contractual obligations are performed gradually over time, revenue is recognised as contract activity progresses to reflect the partial performance of the contractual obligations. The amount of revenue included reflects the right to consideration as contract activity progresses by reference to value of the work performed. |
Taxation |
Taxation for the period 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. |
3. | Employees and directors |
The average number of employees during the period was |
4. | Tangible fixed assets |
Plant and |
machinery |
etc |
£ |
Cost |
At 1 June 2024 |
and 31 January 2025 |
Depreciation |
At 1 June 2024 |
Charge for period |
At 31 January 2025 |
Net book value |
At 31 January 2025 |
At 31 May 2024 |
THE PARKINS PARTNERSHIP LIMITED (REGISTERED NUMBER: 06918103) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JUNE 2024 TO 31 JANUARY 2025 |
5. | Creditors: amounts falling due within one year |
2025 | 2024 |
£ | £ |
Taxation and social security |
Other creditors |