REGISTERED NUMBER: 15556382 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Parrot Design Management Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J M Robinson

REGISTERED OFFICE:

166 Ferry Road West

Scunthorpe

DN15 8UQ

REGISTERED NUMBER:

15556382 (England and Wales)

ACCOUNTANTS:

ABC Accounting Services

1 Willoughton Place

Wharton Close

Gainsborough

Lincolnshire

DN21 1EB

FIXED ASSETS

Tangible assets

4

6,617

8,881

CURRENT ASSETS

Debtors

5

29,390

39,606

Cash at bank and in hand

72,443

66,832

101,833

106,438

CREDITORS

Amounts falling due within one year

6

19,931

42,378

NET CURRENT ASSETS

81,902

64,060

TOTAL ASSETS LESS CURRENT LIABILITIES

88,519

72,941

PROVISIONS FOR LIABILITIES

1,258

2,220

NET ASSETS

87,261

70,721

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

87,260

70,720

87,261

70,721

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 26 May 2026 and were signed by:

J M Robinson - Director

1.	STATUTORY INFORMATION

Parrot Design Management Ltd 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.

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.

Tangible fixed assets

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

Equipment

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.No provision was required at the period end date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

Equipment

equipment

Totals

£

£

£

COST

At 1 April 2025

8,000

4,300

12,300

Additions

-

1,003

1,003

At 31 March 2026

8,000

5,303

13,303

DEPRECIATION

At 1 April 2025

2,000

1,419

3,419

Charge for year

1,500

1,767

3,267

At 31 March 2026

3,500

3,186

6,686

NET BOOK VALUE

At 31 March 2026

4,500

2,117

6,617

At 31 March 2025

6,000

2,881

8,881

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Tax

26,439

39,606

VAT

2,951

-

29,390

39,606

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Tax

19,150

33,610

Social security and other taxes

225

-

VAT

-

8,089

Directors' current accounts

6

79

Accrued expenses

550

600

19,931

42,378

7.	ULTIMATE CONTROLLING PARTY

The controlling party is J M Robinson.

At the year end, the director was owed £6, (2025, £79).