Parami Limited,Ltd - Accounts

Parami Limited,Ltd - Accounts

PARAMI LIMITED - Company Information

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2015-04-01 true false Private Limited Company 06675508 2016-03-31 06675508 2015-04-01 2016-03-31 06675508 2015-03-31 06675508 2014-04-01 2015-03-31 06675508 uk-bus:Director1 2015-04-01 2016-03-31 06675508 uk-gaap:ComputerEquipment 2015-04-01 2016-03-31 06675508 uk-bus:OrdinaryShareClass1 2016-03-31 iso4217:GBP
Parami Limited
For the year ended 31 March 2016
Unaudited Abbreviated Report and Financial Statements
England and Wales
Registered Number: 06675508
2
Contents Page
Parami Limited
For the year ended 31 March 2016
1
Accountants' Report
2
Balance Sheet
3 to 4
Notes to the Abbreviated Financial Statements
3
Parami Limited
Accountants' Report
For the year ended 31 March 2016
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 March 2016 and you consider that the company is exempt from an audit under the Companies Act
2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist
you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied
to us.
Figures Accountancy Services
Miss J S Belcher ACPA
Figures House
24 Brighton Road
Salfords
Surrey
RH1 5BX
04 August 2016
Dated:
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4
Abbreviated Balance Sheet
Parami Limited
As at 31 March 2016
06675508
Registered Number :
£
£
2016
Notes
2015
Fixed assets
Tangible assets
2
-
138
-
138
Current assets
Debtors
1,839
-
Cash at bank and in hand
2
2
2
1,841
Creditors: amounts falling due within one year
(4,770)
(4,175)
(2,929)
(4,173)
Net current liabilities
Total assets less current liabilities
(4,173)
(2,791)
Creditors: amounts falling due after more than one year
(2)
(37)
(4,210)
Net liabilities
(2,793)
Capital and reserves
Called up share capital
1
3
1
Profit and loss account
(4,211)
(2,794)
(4,210)
(2,793)
Shareholders funds
For the year ended 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director responsibilities: 1) The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
2) The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Date approved by the board: 04 August 2016
Mrs Sara Elizabeth Calder-Jones Director
Signed on behalf of the board of directors
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5
Notes to the Abbreviated Financial Statements
Parami Limited
For the year ended 31 March 2016
1 Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Going Concern
The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been
approved by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment
25% Straight line
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6
Notes to the Abbreviated Financial Statements
Parami Limited
For the year ended 31 March 2016
2 Tangible fixed assets
Tangible
fixed assets
Cost or valuation
£
1,259
At 01 April 2015
At 31 March 2016
1,259
Depreciation
1,121
At 01 April 2015
138
Charge for year
1,259
At 31 March 2016
Net book values
At 31 March 2016
-
138
At 31 March 2015
3 Share capital
Allotted called up and fully paid
2016
2015
£
£
1 Class A share of £1.00 each
1
1
1
1
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