REGISTERED NUMBER: 04985153 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

GILL PARROTT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Miss G M Parrott

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

04985153 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Intangible assets

4

1,071

1,393

Tangible assets

5

939

1,252

2,010

2,645

CURRENT ASSETS

Debtors

6

1,616

4,122

Cash at bank

57,902

21,856

59,518

25,978

CREDITORS

Amounts falling due within one year

7

28,982

25,924

NET CURRENT ASSETS

30,536

54

TOTAL ASSETS LESS CURRENT LIABILITIES

32,546

2,699

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

32,446

2,599

SHAREHOLDERS' FUNDS

32,546

2,699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 September 2025 and were signed by:

Miss G M Parrott - Director

1.	STATUTORY INFORMATION

Gill Parrott Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

1,607

AMORTISATION

At 1 January 2024

214

Charge for year

322

At 31 December 2024

536

NET BOOK VALUE

At 31 December 2024

1,071

At 31 December 2023

1,393

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

4,872

DEPRECIATION

At 1 January 2024

3,620

Charge for year

313

At 31 December 2024

3,933

NET BOOK VALUE

At 31 December 2024

939

At 31 December 2023

1,252

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

1,616

4,122

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Tax

7,074

481

Directors' current accounts

14,978

18,513

Accruals and deferred income

6,930

6,930

28,982

25,924

8.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owed an amount of £14,978 (2023: £18,513) to the director. The amount is interest free and repayable on demand.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss G M Parrott.