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REGISTERED NUMBER: 08012878 (England and Wales)







Unaudited Financial Statements

for the Year Ended 31 March 2024

for

R & A Parry Limited

R & A Parry Limited (Registered number: 08012878)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R & A Parry Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R D Parry





SECRETARY: PHA Secretarial Services Ltd





REGISTERED OFFICE: Corner House
28 Huddersfield Road
Newhey
Rochdale
Lancashire
OL16 3QF





REGISTERED NUMBER: 08012878 (England and Wales)





ACCOUNTANTS: Brian Gumbley Accountancy Services Ltd
Corner House
28 Huddersfield Road
Newhey
Rochdale
Lancashire
OL16 3QF

R & A Parry Limited (Registered number: 08012878)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,098,814 1,114,106

CURRENT ASSETS
Debtors 5 22,779 19,608
Cash at bank 148,180 47,107
170,959 66,715
CREDITORS
Amounts falling due within one year 6 790,107 723,731
NET CURRENT LIABILITIES (619,148 ) (657,016 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

479,666

457,090

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 479,665 457,089
SHAREHOLDERS' FUNDS 479,666 457,090

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

R & A Parry Limited (Registered number: 08012878)

Balance Sheet - continued
31 March 2024


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 1 May 2024 and were signed by:





R D Parry - Director


R & A Parry Limited (Registered number: 08012878)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

R & A Parry 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

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

R & A Parry Limited (Registered number: 08012878)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 1,052,931 98,880 1,151,811
DEPRECIATION
At 1 April 2023 - 37,705 37,705
Charge for year - 15,292 15,292
At 31 March 2024 - 52,997 52,997
NET BOOK VALUE
At 31 March 2024 1,052,931 45,883 1,098,814
At 31 March 2023 1,052,931 61,175 1,114,106

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.24 31.3.23
£    £   
Trade debtors 22,779 18,230
VAT - 1,378
22,779 19,608

R & A Parry Limited (Registered number: 08012878)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.24 31.3.23
£    £   
Trade creditors 68 -
Amounts owed to group undertakings 150,960 113,220
Tax 37,332 12,672
VAT 11,773 -
Other creditors 75,039 38,779
Directors' current accounts 513,940 558,100
Accrued expenses 995 960
790,107 723,731