PARIM LIMITED

PARIM LIMITED

PARIM LIMITED - Company Information

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PARIM LIMITED

Company Registration Number:
08434810 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 1 April 2021

End date: 31 March 2022

PARIM LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PARIM LIMITED

Profit And Loss Account

for the Period Ended 31 March 2022

2022 2021


£
£
Turnover: 1,287,685 730,670
Cost of sales: ( 343,656 ) ( 173,000 )
Gross profit(or loss): 944,029 557,670
Administrative expenses: ( 1,220,388 ) ( 756,582 )
Other operating income: 612,691 109,090
Operating profit(or loss): 336,332 (89,822)
Interest receivable and similar income: 756
Interest payable and similar charges: ( 1,275 ) ( 4,392 )
Profit(or loss) before tax: 335,057 (93,458)
Profit(or loss) for the financial year: 335,057 (93,458)

PARIM LIMITED

Balance sheet

As at 31 March 2022

Notes 2022 2021


£
£
Fixed assets
Intangible assets: 3 664,312 171,204
Tangible assets: 4 18,658 18,098
Total fixed assets: 682,970 189,302
Current assets
Debtors: 5 188,451 95,830
Cash at bank and in hand: 19,391 64,538
Total current assets: 207,842 160,368
Creditors: amounts falling due within one year: 6 ( 394,716 ) ( 179,958 )
Net current assets (liabilities): (186,874) (19,590)
Total assets less current liabilities: 496,096 169,712
Creditors: amounts falling due after more than one year: 7 ( 384,372 ) ( 393,245 )
Total net assets (liabilities): 111,724 (223,533)
Capital and reserves
Called up share capital: 120,000 120,000
Profit and loss account: (8,276 ) (343,533 )
Total Shareholders' funds: 111,724 (223,533)

The notes form part of these financial statements

PARIM LIMITED

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 July 2022
and signed on behalf of the board by:

Name: Riko Muttik
Status: Director

The notes form part of these financial statements

PARIM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:Plant & machinery 33Computer equipment 33

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.

PARIM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 25 20

PARIM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2021 276,302 276,302
Additions 511,147 511,147
Disposals
Revaluations
Transfers
At 31 March 2022 787,449 787,449
Amortisation
At 1 April 2021 105,098 105,098
Charge for year 18,039 18,039
On disposals
Other adjustments
At 31 March 2022 123,137 123,137
Net book value
At 31 March 2022 664,312 664,312
At 31 March 2021 171,204 171,204

PARIM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2021 6,077 26,162 32,239
Additions 5,970 5,622 11,592
Disposals ( 899 ) ( 2,133 ) ( 3,032 )
Revaluations
Transfers
At 31 March 2022 11,148 29,651 40,799
Depreciation
At 1 April 2021 2,279 11,862 14,141
Charge for year 3,483 4,517 8,000
On disposals
Other adjustments
At 31 March 2022 5,762 16,379 22,141
Net book value
At 31 March 2022 5,386 13,272 18,658
At 31 March 2021 3,798 14,300 18,098

PARIM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Debtors

2022 2021
£ £
Trade debtors 184,439 93,378
Prepayments and accrued income 4,012 2,452
Total 188,451 95,830

PARIM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Creditors: amounts falling due within one year note

2022 2021
£ £
Amounts due under finance leases and hire purchase contracts 909 222
Trade creditors 116,948 35,299
Taxation and social security 215,449 132,559
Accruals and deferred income 61,410 6,508
Other creditors 5,370
Total 394,716 179,958

PARIM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

7. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Bank loans and overdrafts 49,872 58,745
Other creditors 334,500 334,500
Total 384,372 393,245