REGISTERED NUMBER: 07616726 (England and Wales)

Unaudited Financial Statements

for the Year Ended

30 April 2026

for

Parmar Consultants Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

A Parmar

REGISTERED OFFICE:

St Martins House

7 Peacock Lane

Leicester

Leicestershire

LE1 5PZ

REGISTERED NUMBER:

07616726 (England and Wales)

ACCOUNTANTS:

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Parmar Consultants Ltd for the year ended 30 April 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Parmar Consultants Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Parmar Consultants Ltd and state those matters that we have agreed to state to the director of Parmar Consultants Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Parmar Consultants Ltd and its director for our work or for this report.

It is your duty to ensure that Parmar Consultants Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Parmar Consultants Ltd. You consider that Parmar Consultants Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Parmar Consultants Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

23 October 2026

FIXED ASSETS

Intangible assets

4

26,665

32,602

Tangible assets

5

7,711

10,023

34,376

42,625

CURRENT ASSETS

Debtors

6

96,904

84,706

Cash at bank

50,137

26,449

147,041

111,155

CREDITORS

Amounts falling due within one year

7

68,930

61,893

NET CURRENT ASSETS

78,111

49,262

TOTAL ASSETS LESS CURRENT LIABILITIES

112,487

91,887

CREDITORS

Amounts falling due after more than one year

8

-

(518

)

PROVISIONS FOR LIABILITIES

(1,910

)

(2,492

)

NET ASSETS

110,577

88,877

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

110,477

88,777

SHAREHOLDERS' FUNDS

110,577

88,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 23 October 2026 and were signed by:

A Parmar - Director

1.	STATUTORY INFORMATION

Parmar Consultants 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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and value added tax.

Intangible fixed assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised at 20% reducing balance.

Cryptocurrencies have an indefinite life and so no amortisation has been applied. Impairment has been taken and the asset is revalued every year. If revaluation is increased it is taken to cost and after that is recognised in comprehensive income in respect of that asset.

Tangible fixed assets

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

Fixtures and fittings

-

15% reducing balance

Computer equipment

-

20% reducing balance

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

Cryptocurrency

Totals

£

£

£

COST OR VALUATION

At 1 May 2025

1,516

32,472

33,988

Revaluations

-

(5,911

)

(5,911

)

At 30 April 2026

1,516

26,561

28,077

AMORTISATION

At 1 May 2025

1,386

-

1,386

Amortisation for year

26

-

26

At 30 April 2026

1,412

-

1,412

NET BOOK VALUE

At 30 April 2026

104

26,561

26,665

At 30 April 2025

130

32,472

32,602

Cost or valuation at 30 April 2026 is represented by:

Patents

and

licences

Cryptocurrency

Totals

£

£

£

Valuation in 2022

-

(8,542

)

(8,542

)

Valuation in 2023

-

(4,579

)

(4,579

)

Valuation in 2024

-

13,277

13,277

Valuation in 2025

-

5,316

5,316

Valuation in 2026

-

(5,911

)

(5,911

)

Cost

1,516

27,000

28,516

1,516

26,561

28,077

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 May 2025

1,729

17,697

19,426

Disposals

-

(507

)

(507

)

At 30 April 2026

1,729

17,190

18,919

DEPRECIATION

At 1 May 2025

952

8,451

9,403

Charge for year

117

1,870

1,987

Eliminated on disposal

-

(182

)

(182

)

At 30 April 2026

1,069

10,139

11,208

NET BOOK VALUE

At 30 April 2026

660

7,051

7,711

At 30 April 2025

777

9,246

10,023

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Trade debtors

95,050

82,365

Other debtors

-

318

Directors' current accounts

551

1,378

Prepayments and accrued income

1,303

645

96,904

84,706

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans and overdrafts

524

6,290

Trade creditors

196

5,551

Corporation tax

26,462

18,982

Social security and other taxes

799

853

VAT

29,006

21,799

Other creditors

9,829

7,835

Accruals and deferred income

2,114

583

68,930

61,893

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.26

30.4.25

£

£

Bank loans - 1-2 years

-

518

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.26

30.4.25

value:

£

£

100

ordinary

£1

100

100

10.	FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £1,800 (2025 - £3,763).

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2026 and 30 April 2025:

30.4.26

30.4.25

£

£

A Parmar

Balance outstanding at start of year

1,378

5,887

Amounts advanced

111,045

95,695

Amounts repaid

(111,872

)

(100,204

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

551

1,378

The above loan is interest free and repayable on demand.