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Company Registration No. 05100555 (England and Wales)
Net Parity Ltd Unaudited accounts for the year ended 30 April 2025
Net Parity Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Net Parity Ltd Company Information for the year ended 30 April 2025
Director
Dr Lawrence Williams
Company Number
05100555 (England and Wales)
Registered Office
International House 61 Mosley Street Manchester M2 3HZ United Kingdom
Accountants
Christian Dodd Westbourne House Main Street Haltwhistle Northumberland NE49 0AZ
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Net Parity Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
7,612
9,381
Current assets
Debtors
5
34,938
34,125
Cash at bank and in hand
63,267
49,695
98,205
83,820
Creditors: amounts falling due within one year
6
(36,980)
(40,500)
Net current assets
61,225
43,320
Total assets less current liabilities
68,837
52,701
Provisions for liabilities
Deferred tax
(1,901)
(1,002)
Net assets
66,936
51,699
Capital and reserves
Called up share capital
10
10
Profit and loss account
66,926
51,689
Shareholders' funds
66,936
51,699
For the year ending 30 April 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 November 2025 and were signed on its behalf by
Dr Lawrence Williams Director Company Registration No. 05100555
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Net Parity Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Net Parity Ltd is a private company, limited by shares, registered in England and Wales, registration number 05100555. The registered office is International House, 61 Mosley Street, Manchester, M2 3HZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
13,246
5,032
30,475
48,753
Additions
-
312
1,974
2,286
Disposals
-
-
(101)
(101)
At 30 April 2025
13,246
5,344
32,348
50,938
Depreciation
At 1 May 2024
13,246
4,188
21,938
39,372
Charge for the year
-
356
3,598
3,954
At 30 April 2025
13,246
4,544
25,536
43,326
Net book value
At 30 April 2025
-
800
6,812
7,612
At 30 April 2024
-
844
8,537
9,381
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
34,938
34,125
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Net Parity Ltd Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
5,945
8,725
Taxes and social security
24,406
25,984
Other creditors
861
-
Loans from directors
4,513
4,581
Accruals
1,255
1,210
36,980
40,500
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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