Acorah Software Products - Accounts Production 16.3.350 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 13427857 Mr Jagjit Singh Nanda iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13427857 2023-05-31 13427857 2024-05-31 13427857 2023-06-01 2024-05-31 13427857 frs-core:CurrentFinancialInstruments 2024-05-31 13427857 frs-core:ShareCapital 2024-05-31 13427857 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 13427857 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 13427857 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 13427857 frs-bus:SmallEntities 2023-06-01 2024-05-31 13427857 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 13427857 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 13427857 frs-bus:Director1 2023-06-01 2024-05-31 13427857 frs-countries:EnglandWales 2023-06-01 2024-05-31 13427857 2022-05-31 13427857 2023-05-31 13427857 2022-06-01 2023-05-31 13427857 frs-core:CurrentFinancialInstruments 2023-05-31 13427857 frs-core:ShareCapital 2023-05-31 13427857 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 13427857
Park Lane Retail Limited
Financial Statements
For The Year Ended 31 May 2024
SAWHNEY CONSULTING
Harrow Business Centre
429 - 433 Pinner Road
North Harrow
HA1 4HN
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 13427857
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 73,350 73,350
Cash at bank and in hand 132,390 132,390
205,740 205,740
Creditors: Amounts Falling Due Within One Year 5 (170,516 ) (169,316 )
NET CURRENT ASSETS (LIABILITIES) 35,224 36,424
TOTAL ASSETS LESS CURRENT LIABILITIES 35,224 36,424
NET ASSETS 35,224 36,424
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account 35,223 36,423
SHAREHOLDERS' FUNDS 35,224 36,424
For the year ending 31 May 2024 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 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 Profit and Loss Account.
On behalf of the board
Mr Jagjit Singh Nanda
Director
31 May 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Park Lane Retail Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13427857 . The registered office is Unit 4 Triangle Centre, 399 Uxbridge Road, Southall, UB1 3EJ.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. 
2.3. 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.
2.4. Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financialliabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Other debtors 73,350 73,350
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 159,570 158,370
Other creditors 2,400 2,400
Taxation and social security 8,546 8,546
170,516 169,316
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 2