| Registered Number:10512197 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
Parwana Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Parwana Ltd
Statement of Financial Position
2023
2024
| Property, plant and equipment |
9,247,915
8,854,021
2
9,247,915
8,854,021
33,875
| Cash and cash equivalents |
16,348
16,348
33,875
| Trade and other payables: amounts falling due within one year |
(6,706,722)
(6,764,539)
3
(6,672,847)
(6,748,191)
Net current liabilities
| Total assets less current liabilities |
2,499,724
2,181,174
| Trade and other payables: amounts falling due after more than one |
| year |
(1,417,500)
(1,365,000)
4
1,134,724
Net assets
763,674
1,000
1,000
1,133,724
762,674
1,134,724
763,674
Shareholders' funds
| For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 10 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
Parwana Ltd
Notes to the Financial Statements
Statutory Information
| Parwana Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 10512197. |
45A Boundaries Road
London
England
SW12 8EU
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
| 2. Property, plant and equipment |
8,879,956
62,912
8,817,044
400,185
-
400,185
9,217,229
62,912
9,280,141
| Provision for depreciation and impairment |
25,935
25,935
-
Charge for year
6,291
6,291
-
32,226
32,226
-
9,217,229
30,686
9,247,915
8,817,044
36,977
8,854,021
2 of 3
For the year ended 31 December 2024
Parwana Ltd
Notes to the Financial Statements Continued
| 3. Trade and other payables: amounts falling due within one year |
2023
2024
52,500
52,500
84,935
65,225
| Taxation and social security |
100,358
105,219
1,712,117
1,626,117
4,814,629
4,857,661
6,764,539
6,706,722
| 4. Trade and other payables: amounts falling due after more than one year |
2023
2024
1,365,000
1,417,500
| The Company has a bank loan facility with Handelsbanken amounting to £1,575,000.00. The loan was drawn down on 09 December 2021 and is repayable over a term of five years. The interest rate applicable to the loan is 3.00% above LIBOR. The bank loan is secured against the assets of the Company. |
| 5. Average number of persons employed |
During the year the average number of employees was 0
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