Parmar Asset Management Ltd

Parmar Asset Management Ltd
Contents Page
For the Period 01 April 2024 to 31 January 2025

Statement of financial position	1
Notes to the financial statements	2

Registered Number: 14767293 Parmar Asset Management Ltd
Statement of Financial Position
As at 31 January 2025

	Notes	2025 £	2024 £
Fixed assets
Investments	3	200	200
		200	200
Current assets
Debtors		10,000	10,000
Creditors: amount falling due within one year		(6,900)	(6,900)
Net current assets		3,100	3,100

Total assets less current liabilities		3,300	3,300
Net assets		3,300	3,300

Capital and reserves
Called up share capital	4	300	300
Profit and loss account		3,000	3,000
Shareholders' funds		3,300	3,300

For the period ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The directors of the company have elected not to include the Income Statement within the financial statements.

The financial statements were approved by the board of directors on 08 December 2025 and were signed on its behalf by:

-------------------------------
A S Parmar
Director

1

Parmar Asset Management Ltd
Notes to the Abridged Financial Statements
For the Period 01 April 2024 to 31 January 2025

General Information

Parmar Asset Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 14767293, registration address 31 Constance Avenue, West Bromwich, B70 6ED. The nature of the company's operations and its principal activity was that of a holding company.

1.

Accounting policies

Significant accounting policies

The company's financial statements have been prepared in compliance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland' and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention and on a going concern basis. The financial statements comprise the unaudited financial statements of the company up to 31 January each year, and are stated in pound sterling, the company's functional and presentational currency.

The principal accounting policies applied in the preparation of these financial statements are set out below, these policies have been applied consistently to all the periods presented, unless otherwise stated.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Employees and directors' Average number of employees during the period was 2 (2024 : 2).

3.

Investments

Cost	Investments in group undertakings	Total
	£	£
At 01 April 2024	200	200
Additions	-	-
Disposals	-	-
At 31 January 2025	200	200

4.

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
10,000 Ordinary shares of £0.01 each	100	100
5,000 A Ordinary shares of £0.01 each	50	50
5,000 B Ordinary shares of £0.01 each	50	50
1,800 C Ordinary shares of £0.01 each	18	18
1,800 D Ordinary shares of £0.01 each	18	18
2,800 E Ordinary shares of £0.01 each	28	28
1,800 F Ordinary shares of £0.01 each	18	18
1,800 G Ordinary shares of £0.01 each	18	18
	300	300

2

Registered Number: 14767293
England and Wales
Abridged Accounts

for the period ended 31 January 2025
for
PARMAR ASSET MANAGEMENT LTD