Registration number: 07147678
## Parrabbola
(A company limited by guarantee)
Annual Report and Unaudited Financial Statements
for the Year Ended 30 June 2024
Batchelor and Company Accountants Limited Certified Charlton House 32 High Street Cullompton Devon EX15 1AE
## **Parrabbola**
## **Contents**
**----- Start of picture text -----**
Company Information 1
Directors' Report 2
Accountants' Report 3
Profit and Loss Account 4
Balance Sheet 5
Notes to the Financial Statements 6 to 7
The following pages do not form part of the statutory financial statements:
Detailed Profit and Loss Account 8 to 9
**----- End of picture text -----**
**Parrabbola Company Information Directors** Leon Berger Marie Costa David Monteith Alistair Park Filiz Ozcan **Company secretary** Mark Lintern Harris **Registered office** Charlton House 32 High Street Cullompton Devon EX15 1AE **Accountants** Batchelor and Company Accountants Limited Certified Charlton House 32 High Street Cullompton Devon EX15 1AE
Page 1
## **Parrabbola**
## **Directors' Report for the Year Ended 30 June 2024**
The directors present their report and the unaudited financial statements for the year ended 30 June 2024.
## **Directors of the company**
The directors who held office during the year were as follows:
Leon Berger Marie Costa David Monteith Alistair Park Filiz Ozcan
## **Small company provisions**
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved by the Board on 7 March 2025 and signed on its behalf by:
......................................... Leon Berger Director
Page 2
## **Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of**
## **Parrabbola**
## **for the Year Ended 30 June 2024**
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Parrabbola for the year ended 30 June 2024 set out on pages 4 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html .
This report is made solely to the Board of Directors of Parrabbola, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Parrabbola and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Parrabbola and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Parrabbola has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Parrabbola. You consider that Parrabbola 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 accounts of Parrabbola. 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 accounts.
......................................
Batchelor and Company Accountants Limited Certified Charlton House 32 High Street Cullompton Devon EX15 1AE 7 March 2025
Page 3
## **Parrabbola**
## **Profit and Loss Account for the Year Ended 30 June 2024**
|**Note**
Turnover
Cost of sales
Gross profit
Administrative expenses
Operating loss
2
Other interest receivable and similar income
Loss on ordinary activities before taxation
Loss for the financial year
6|**2024**
**£**
51,591
(14,166)
37,425
(49,410)
(11,985)
100
(11,885)
(11,885)|**2023**
**£**
83,673
(13,932)|
|---|---|---|
|||69,741
(71,135)|
|||(1,394)
81|
|||(1,313)|
|||(1,313)|
The notes on pages 6 to 7 form an integral part of these financial statements. Page 4
## **Parrabbola**
## **(Registration number: 07147678)**
## **Balance Sheet at 30 June 2024**
|**Note**
**Current assets**
Debtors
3
Cash at bank and in hand
Creditors: Amounts falling due within one year
4
Net (liabilities)/assets
**Capital and reserves**
Other reserves
6
Profit and loss account
6
Shareholders' (deficit)/funds|**2024**
**£**
5,495
7,292
12,787
(15,052)
(2,265)
104
(2,369)
(2,265)|**2023**
**£**
5,495
20,075|
|---|---|---|
|||25,570
(15,950)|
|||9,620|
|||104
9,516|
|||9,620|
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
For the year ending 30 June 2024 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.
Approved and authorised for issue by the Board on 7 March 2025 and signed on its behalf by:
......................................... Leon Berger Director
The notes on pages 6 to 7 form an integral part of these financial statements. Page 5
## **Parrabbola**
## **Notes to the Financial Statements for the Year Ended 30 June 2024**
## **1 Accounting policies**
## **Basis of preparation**
The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
## **Turnover**
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.
## **Hire purchase and leasing**
Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.
## **2 Operating loss**
Operating loss is stated after charging:
|**Debtors**
Other debtors
**Creditors: Amounts falling due within one year**
Trade creditors
Other creditors|**2024**
**£**
**2024**
**£**
5,495
**2024**
**£**
1,102
13,950
15,052|**2023**
**£**
**2023**
**£**
5,495|
|---|---|---|
|||**2023**
**£**
-
15,950|
|||15,950|
## **3 Debtors**
## **4 Creditors: Amounts falling due within one year**
## **5 Company status**
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £nil towards the assets of the company in the event of liquidation.
Page 6
## **Parrabbola**
## **Notes to the Financial Statements for the Year Ended 30 June 2024**
## _**......... continued**_
## **6 Reserves**
|At 1 July 2023
Loss for the year
At 30 June 2024|**Other**
**reserves**
**£**
104
-
104|**Profit and**
**loss account**
**£**
9,516
(11,885)
(2,369)|**Total**
**£**
9,620
(11,885)|
|---|---|---|---|
||||(2,265)|
Page 7
## **Parrabbola**
## **Detailed Profit and Loss Account for the Year Ended 30 June 2024**
|Turnover (analysed below)
Cost of sales (analysed below)
Gross profit
Gross profit (%)
**Administrative expenses**
Establishment costs (analysed below)
General administrative expenses
(analysed below)
Other interest receivable and similar
income (analysed below)
Loss on ordinary activities before
taxation|**2024**
**£**
**£**
51,591
(14,166)
37,425
72.54%
(2,718)
(46,692)
(49,410)
100
(11,885)|**2023**
**£**
**£**
83,673
(13,932)
69,741
83.35%
(2,717)
(68,418)
(71,135)
81
(1,313)|**2023**
**£**
**£**
83,673
(13,932)
69,741
83.35%
(2,717)
(68,418)
(71,135)
81
(1,313)|
|---|---|---|---|
||||69,741|
||||83.35%
(71,135)
81|
||||(1,313)|
This page does not form part of the statutory financial statements Page 8
## **Parrabbola**
## **Detailed Profit and Loss Account for the Year Ended 30 June 2024**
|**Turnover**
Income
**Cost of sales**
Production costs
**Establishment costs**
Insurance
**General administrative expenses**
Venue hire
Sundry expenses
Accountancy fees
Consultancy fees
Advertising
Travel and subsistence
**Other interest receivable and similar income**
Bank interest receivable|**2024**
**£**
51,591
51,591
14,166
14,166
2,718
1,535
426
1,601
26,319
285
16,526
46,692
100
100|**2023**
**£**
83,673|
|---|---|---|
|||83,673|
|||13,932|
|||13,932|
|||2,717|
|||1,650
4,075
880
53,625
125
8,063|
|||68,418|
|||81|
|||81|
This page does not form part of the statutory financial statements Page 9