Company Registration No. 11134259 (England and Wales)
Parker Masters Ltd
Unaudited accounts
for the year ended 31 December 2023
Parker Masters Ltd
Unaudited accounts
Contents
Parker Masters Ltd
Company Information
for the year ended 31 December 2023
Directors
Jonathan Masters
Erika Masters
Company Number
11134259 (England and Wales)
Registered Office
Unit 2, Plot 3, Kelsey Close
Attleborough Fields Industrial Estate
Nuneaton
Warwickshire
CV11 6RS
Accountants
RLTP Accountants
Suite 8, Riverside Business Centre
Foundry Lane
Milford, Belper
Derbyshire
DE56 0RN
Parker Masters Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
22,897
18,444
Cash at bank and in hand
37,070
58,095
Creditors: amounts falling due within one year
(16,515)
(25,998)
Net current assets
54,923
63,481
Total assets less current liabilities
77,820
81,925
Creditors: amounts falling due after more than one year
(15,700)
(22,133)
Called up share capital
2
2
Profit and loss account
62,118
59,790
Shareholders' funds
62,120
59,792
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2024 and were signed on its behalf by
Jonathan Masters
Director
Company Registration No. 11134259
Parker Masters Ltd
Notes to the Accounts
for the year ended 31 December 2023
Parker Masters Ltd is a private company, limited by shares, registered in England and Wales, registration number 11134259. The registered office is Unit 2, Plot 3, Kelsey Close, Attleborough Fields Industrial Estate, Nuneaton, Warwickshire, CV11 6RS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 31 December 2023
11,300
At 31 December 2023
11,300
Parker Masters Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
21,382
24,160
1,066
46,608
Additions
10,000
-
333
10,333
At 31 December 2023
31,382
24,160
1,399
56,941
At 1 January 2023
13,869
13,852
443
28,164
Charge for the year
3,503
2,062
315
5,880
At 31 December 2023
17,372
15,914
758
34,044
At 31 December 2023
14,010
8,246
641
22,897
At 31 December 2022
7,513
10,308
623
18,444
Amounts falling due within one year
Trade debtors
28,648
31,354
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
9,665
16,927
Loans from directors
-
961
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,200
1,633
9
Average number of employees
During the year the average number of employees was 2 (2022: 1).