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COMPANY REGISTRATION NUMBER: 09319026

PROMO PARROT LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 December 2025

PROMO PARROT LTD

FINANCIAL STATEMENTS

YEAR ENDED 30 DECEMBER 2025

CONTENTS | PAGES

Statement of financial position | 1 to 2

Notes to the financial statements | 3 to 6

PROMO PARROT LTD

STATEMENT OF FINANCIAL POSITION

30 December 2025

| 2025 | 2024
Note | £ | £ | £

FIXED ASSETS

Intangible assets | 6 |  | 47,125 | 56,766
Tangible assets | 7 |  | 921 | 11,185
|  | -------- | --------
|  | 48,046 | 67,951

CURRENT ASSETS

Debtors | 8 | 84,428 |  | 99,648
Cash at bank and in hand | 34,120 |  | 47,860
| --------- |  | ---------
| 118,548 |  | 147,508

CREDITORS: amounts falling due within one year | 9 | ( 114,903) |  | ( 146,452)
| --------- |  | ---------
NET CURRENT ASSETS |  | 3,645 | 1,056
|  | -------- | --------
TOTAL ASSETS LESS CURRENT LIABILITIES |  | 51,691 | 69,007

CREDITORS: amounts falling due after more than one year | 10 |  | ( 51,390) | ( 68,739)
|  | -------- | --------
NET ASSETS |  | 301 | 268
|  | -------- | --------

CAPITAL AND RESERVES

Called up share capital |  | 1 | 1
Profit and loss account |  | 300 | 267
|  | ---- | ----
SHAREHOLDERS FUNDS |  | 301 | 268
|  | ---- | ----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

PROMO PARROT LTD

STATEMENT OF FINANCIAL POSITION (continued)

30 December 2025
These financial statements were approved by the board of directors and authorised for issue on 28 May 2026 , and are signed on behalf of the board by:

C M Simmons |
Director |

Company registration number: 09319026

PROMO PARROT LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 DECEMBER 2025
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Sheepscar Court, Suite 7, Leeds, LS7 2BB.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services provided, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Website costs | - | 10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures & fittings | - | 25% reducing balance
| Motor vehicles | - | 25% reducing balance
| Computer equipment | - | 3 years

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 4 (2024: 7 ).
5. TAX ON PROFIT
Major components of tax expense

| 2025 | 2024
| £ | £

Current tax:

UK current tax expense | 3,286 | 4,511
| ------- | -------
Tax on profit | 3,286 | 4,511
| ------- | -------

6. INTANGIBLE ASSETS

| Website costs
| £
Cost |
At 31 December 2024 | 111,259
Additions | 1,573
| ---------
At 30 December 2025 | 112,832
| ---------
Amortisation |
At 31 December 2024 | 54,493
Charge for the year | 11,214
| ---------
At 30 December 2025 | 65,707
| ---------
Carrying amount |
At 30 December 2025 | 47,125
| ---------
At 30 December 2024 | 56,766
| ---------

7. TANGIBLE ASSETS

| Fixtures and fittings | Motor vehicles | Computer equipment | Total
| £ | £ | £ | £
Cost |  |  |  |
At 31 December 2024 | 3,261 | 29,580 | 10,409 | 43,250
Disposals | – | ( 29,580) | – | ( 29,580)
| ------- | -------- | -------- | --------
At 30 December 2025 | 3,261 | – | 10,409 | 13,670
| ------- | -------- | -------- | --------
Depreciation |  |  |  |
At 31 December 2024 | 2,250 | 19,776 | 10,039 | 32,065
Charge for the year | 253 | 409 | 207 | 869
Disposals | – | ( 20,185) | – | ( 20,185)
| ------- | -------- | -------- | --------
At 30 December 2025 | 2,503 | – | 10,246 | 12,749
| ------- | -------- | -------- | --------
Carrying amount |  |  |  |
At 30 December 2025 | 758 | – | 163 | 921
| ------- | -------- | -------- | --------
At 30 December 2024 | 1,011 | 9,804 | 370 | 11,185
| ------- | -------- | -------- | --------

8. DEBTORS

| 2025 | 2024
| £ | £
Trade debtors | 33,984 | 26,265
Other debtors | 50,444 | 73,383
| -------- | --------
| 84,428 | 99,648
| -------- | --------

9. CREDITORS: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 14,768 | 23,734
Trade creditors | 71,837 | 98,268
Corporation tax | 3,205 | 8,611
Social security and other taxes | 18,326 | 10,179
Other creditors | 6,767 | 5,660
| --------- | ---------
| 114,903 | 146,452
| --------- | ---------

10. CREDITORS: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 51,390 | 68,739
| -------- | --------