Pario Consulting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06952529 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2020

for

Pario Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N Stantiall

REGISTERED OFFICE:

Building 6000 Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

REGISTERED NUMBER:

06952529 (England and Wales)

ACCOUNTANTS:

AM-PM Accounting Solutions Limited

Building 6000

Langstone Technology Park

Langstone Road

Havant

Hampshire

PO9 1SA

FIXED ASSETS

Tangible assets

4

812

1,083

CURRENT ASSETS

Debtors

5

18,881

26,072

Cash at bank

34,754

2,642

53,635

28,714

CREDITORS

Amounts falling due within one year

6

29,160

29,394

NET CURRENT ASSETS/(LIABILITIES)

24,475

(680

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,287

403

CREDITORS

Amounts falling due after more than one year

7

(25,000

)

-

PROVISIONS FOR LIABILITIES

(154

)

(206

)

NET ASSETS

133

197

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

33

97

SHAREHOLDERS' FUNDS

133

197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2020 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 31 January 2021 and were signed by:

N Stantiall - Director

1.	STATUTORY INFORMATION

Pario Consulting Limited 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 represents net invoiced sales of services excluding VAT.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 August 2019

and 31 July 2020

12,129

DEPRECIATION

At 1 August 2019

11,046

Charge for year

271

At 31 July 2020

11,317

NET BOOK VALUE

At 31 July 2020

812

At 31 July 2019

1,083

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Trade debtors

17,449

21,465

Other debtors

1,432

4,607

18,881

26,072

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.20

31.7.19

£

£

Bank loans and overdrafts

-

1,401

Trade creditors

870

529

Taxation and social security

25,991

25,876

Other creditors

2,299

1,588

29,160

29,394

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.20

31.7.19

£

£

Bank loans

25,000

-

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2020 and 31 July 2019:

31.7.20

31.7.19

£

£

N Stantiall

Balance outstanding at start of year

4,606

6,769

Amounts advanced

93,060

62,691

Amounts repaid

(96,236

)

(64,854

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,430

4,606

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N Stantiall.