IRIS Accounts Production v23.3.1.45 04717563 Board of Directors 1.10.21 30.9.22 30.9.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure047175632021-09-30047175632022-09-30047175632021-10-012022-09-30047175632020-03-31047175632020-04-012021-09-30047175632021-09-3004717563ns16:EnglandWales2021-10-012022-09-3004717563ns15:PoundSterling2021-10-012022-09-3004717563ns11:Director12021-10-012022-09-3004717563ns11:PrivateLimitedCompanyLtd2021-10-012022-09-3004717563ns11:SmallEntities2021-10-012022-09-3004717563ns11:AuditExempt-NoAccountantsReport2021-10-012022-09-3004717563ns11:SmallCompaniesRegimeForDirectorsReport2021-10-012022-09-3004717563ns11:SmallCompaniesRegimeForAccounts2021-10-012022-09-3004717563ns11:FullAccounts2021-10-012022-09-300471756312021-10-012022-09-3004717563ns11:Director22021-10-012022-09-3004717563ns11:Director32021-10-012022-09-3004717563ns11:Director52021-10-012022-09-3004717563ns11:RegisteredOffice2021-10-012022-09-3004717563ns6:CurrentFinancialInstruments2022-09-3004717563ns6:CurrentFinancialInstruments2021-09-3004717563ns6:Non-currentFinancialInstruments2022-09-3004717563ns6:Non-currentFinancialInstruments2021-09-3004717563ns6:ShareCapital2022-09-3004717563ns6:ShareCapital2021-09-3004717563ns6:RetainedEarningsAccumulatedLosses2022-09-3004717563ns6:RetainedEarningsAccumulatedLosses2021-09-3004717563ns6:NetGoodwill2021-10-012022-09-3004717563ns6:PlantMachinery2021-10-012022-09-3004717563ns6:NetGoodwill2021-09-3004717563ns6:NetGoodwill2022-09-3004717563ns6:NetGoodwill2021-09-3004717563ns6:PlantMachinery2021-09-3004717563ns6:PlantMachinery2022-09-3004717563ns6:PlantMachinery2021-09-3004717563ns6:CostValuation2021-09-3004717563ns6:WithinOneYearns6:CurrentFinancialInstruments2022-09-3004717563ns6:WithinOneYearns6:CurrentFinancialInstruments2021-09-30
REGISTERED NUMBER: 04717563 (England and Wales)









Financial Statements

for the Year Ended

30 September 2022

for

Parker Cavendish Limited

Parker Cavendish Limited (Registered number: 04717563)






Contents of the Financial Statements
for the Year Ended 30 September 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Parker Cavendish Limited

Company Information
for the Year Ended 30 September 2022







DIRECTORS: R A Rubenstein
R Shah
M.A. Gazza
J C C Carruth





REGISTERED OFFICE: 28 Church Road
Stanmore
Middlesex
HA7 4XR





REGISTERED NUMBER: 04717563 (England and Wales)






Parker Cavendish Limited (Registered number: 04717563)

Balance Sheet
30 September 2022

2022 2021
Notes £    £   
FIXED ASSETS
Intangible assets 4 673,614 988,432
Tangible assets 5 55,923 8,347
Investments 6 100 100
729,637 996,879

CURRENT ASSETS
Debtors 7 751,722 684,812
Investments 8 - 80,959
Cash at bank and in hand 1,172,840 1,043,499
1,924,562 1,809,270
CREDITORS
Amounts falling due within one year 9 (1,294,781 ) (1,485,732 )
NET CURRENT ASSETS 629,781 323,538
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,359,418

1,320,417

CREDITORS
Amounts falling due after more than one
year

10

(27,297

)

(36,822

)

PROVISIONS FOR LIABILITIES (13,981 ) (1,586 )
NET ASSETS 1,318,140 1,282,009

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 1,317,940 1,281,809
SHAREHOLDERS' FUNDS 1,318,140 1,282,009

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Parker Cavendish Limited (Registered number: 04717563)

Balance Sheet - continued
30 September 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by:





M.A. Gazza - Director


Parker Cavendish Limited (Registered number: 04717563)

Notes to the Financial Statements
for the Year Ended 30 September 2022

1. STATUTORY INFORMATION

Parker Cavendish 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.

Preparation of consolidated financial statements
The financial statements contain information about Parker Cavendish Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents the amounts recoverable for the services provided to clients, excluding value added tax, under contractual obligations which are performed gradually over time.

Goodwill
Purchased goodwill is written off on a straight line basis over 5 years being the estimated useful life of the asset.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 21 (2021 - 21 ) .

Parker Cavendish Limited (Registered number: 04717563)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2021
and 30 September 2022 2,700,382
AMORTISATION
At 1 October 2021 1,711,950
Charge for year 314,818
At 30 September 2022 2,026,768
NET BOOK VALUE
At 30 September 2022 673,614
At 30 September 2021 988,432

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2021 9,929
Additions 51,838
At 30 September 2022 61,767
DEPRECIATION
At 1 October 2021 1,582
Charge for year 4,262
At 30 September 2022 5,844
NET BOOK VALUE
At 30 September 2022 55,923
At 30 September 2021 8,347

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2021
and 30 September 2022 100
NET BOOK VALUE
At 30 September 2022 100
At 30 September 2021 100

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 286,996 288,461
Other debtors 464,726 396,351
751,722 684,812

Parker Cavendish Limited (Registered number: 04717563)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2022

8. CURRENT ASSET INVESTMENTS
2022 2021
£    £   
Unlisted investments - 80,959

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 21,814 58,814
Taxation and social security 156,572 333,418
Other creditors 1,106,395 1,083,500
1,294,781 1,485,732

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 27,297 36,822