Parental Guidance Ltd

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2

Registered number: 13507515

		31 May 2025		31 March 2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	677		4,757
Cash at bank and in hand		53		231

		730		4,988
Creditors: Amounts Falling Due Within One Year	5	(721 )		(4,042 )

NET CURRENT ASSETS (LIABILITIES)			9		946

TOTAL ASSETS LESS CURRENT LIABILITIES			9		946

NET ASSETS			9		946

CAPITAL AND RESERVES
Called up share capital			2		2
Income Statement			7		944

SHAREHOLDERS' FUNDS			9		946

For the period ending 31 May 2025 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.

On behalf of the board

Mr Y Patel

Director

06/10/2025

The notes on page 2 form part of these financial statements.

1. General Information

Parental Guidance Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13507515 . The registered office is Office M-05, Millharbour Court, 6 Watergate Walk, London, E14 9XH.

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. Going Concern Disclosure

The Director ceased trading on 31 May 2025; therefore, the financial statements have been prepared on a breakup basis rather than a going concern basis. No adjustments were required to the carrying amounts of the remaining net assets in these financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1 (2024: 1)

4. Debtors

	31 May 2025	31 March 2024
	£	£
Due within one year
Trade debtors	550	520
Other debtors	127	4,237

	677	4,757

5. Creditors: Amounts Falling Due Within One Year

	31 May 2025	31 March 2024
	£	£
Other creditors	721	720
Taxation and social security	-	3,322

	721	4,042

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