Acorah Software Products - Accounts Production 16.1.300 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 12488387 Dilip Kumar Karsanji Parmar Sangita Parmar iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12488387 2023-02-28 12488387 2024-02-28 12488387 2023-03-01 2024-02-28 12488387 frs-core:CurrentFinancialInstruments 2024-02-28 12488387 frs-core:Non-currentFinancialInstruments 2024-02-28 12488387 frs-core:ShareCapital 2024-02-28 12488387 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 12488387 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 12488387 frs-bus:AbridgedAccounts 2023-03-01 2024-02-28 12488387 frs-bus:SmallEntities 2023-03-01 2024-02-28 12488387 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 12488387 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 12488387 frs-bus:Director1 2023-03-01 2024-02-28 12488387 frs-bus:Director2 2023-03-01 2024-02-28 12488387 frs-countries:EnglandWales 2023-03-01 2024-02-28 12488387 2022-02-28 12488387 2023-02-28 12488387 2022-03-01 2023-02-28 12488387 frs-core:CurrentFinancialInstruments 2023-02-28 12488387 frs-core:Non-currentFinancialInstruments 2023-02-28 12488387 frs-core:ShareCapital 2023-02-28 12488387 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 12488387
Parrma Developments Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2024
JMS Accounting Services Ltd
485 Catalyst House
720 Centennial Court, Centennial Park
Elstree
Herfordshire
WD6 3SY
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Statement of Financial Position
Registered number: 12488387
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,340,625 1,340,625
1,340,625 1,340,625
CURRENT ASSETS
Debtors 2 2
2 2
Creditors: Amounts Falling Due Within One Year (1,162 ) (312 )
NET CURRENT ASSETS (LIABILITIES) (1,160 ) (310 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,339,465 1,340,315
Creditors: Amounts Falling Due After More Than One Year (1,340,625 ) (1,340,625 )
NET LIABILITIES (1,160 ) (310 )
CAPITAL AND RESERVES
Called up share capital 5 2 2
Income Statement (1,162 ) (312 )
SHAREHOLDERS' FUNDS (1,160) (310)
Page 1
Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 28 February 2024 in accordance with section 444(2A) of the Companies Act 2006.
The financial statements were approved by the board of directors on 30 March 2025 and were signed on its behalf by:
Dilip Kumar Karsanji Parmar
Director
30/03/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Parrma Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12488387 . The registered office is 1 Alexandra Road, London, N8 0PJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.
2.3. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the income statement, directors report, and notes to the financial statements relating to the income statement.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: )
1 -
4. Investment Property
2024
£
Fair Value
As at 1 March 2023 and 28 February 2024 1,340,625
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 1,340,625 -
Since the property was transferred via group company, the land and existing buildings have not been developed, and are awaiting planning consent.
5. Share Capital
2024 2023
£ £
Called Up Share Capital not Paid 2 2
Amount of Allotted, Called Up Share Capital 2 2
Page 3