REGISTERED NUMBER: |
EDITH PATRICIA PARRY LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 18 NOVEMBER 2022 TO 31 MARCH 2024 |
REGISTERED NUMBER: |
EDITH PATRICIA PARRY LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 18 NOVEMBER 2022 TO 31 MARCH 2024 |
EDITH PATRICIA PARRY LTD (REGISTERED NUMBER: 14492237) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 NOVEMBER 2022 TO 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
EDITH PATRICIA PARRY LTD |
COMPANY INFORMATION |
FOR THE PERIOD 18 NOVEMBER 2022 TO 31 MARCH 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
West Lodge |
Rainbow Street |
Leominster |
Herefordshire |
HR6 8DQ |
EDITH PATRICIA PARRY LTD (REGISTERED NUMBER: 14492237) |
BALANCE SHEET |
31 MARCH 2024 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 |
SHAREHOLDERS' FUNDS |
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. |
EDITH PATRICIA PARRY LTD (REGISTERED NUMBER: 14492237) |
BALANCE SHEET - continued |
31 MARCH 2024 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
EDITH PATRICIA PARRY LTD (REGISTERED NUMBER: 14492237) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 18 NOVEMBER 2022 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Edith Patricia Parry Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Farm business tenancy will be amortised at the end of its useful life. |
Tangible fixed assets |
Plant and machinery | - |
Computer equipment | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Taxation |
Taxation for the period 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 period 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. |
EDITH PATRICIA PARRY LTD (REGISTERED NUMBER: 14492237) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 18 NOVEMBER 2022 TO 31 MARCH 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | INTANGIBLE FIXED ASSETS |
Other |
intangible |
assets |
£ |
COST |
Additions |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
5. | TANGIBLE FIXED ASSETS |
Plant and | Computer |
machinery | equipment | Totals |
£ | £ | £ |
COST |
Additions |
At 31 March 2024 |
DEPRECIATION |
Charge for period |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade debtors |
VAT |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Trade creditors |
Tax |
Directors' current accounts |
Accruals and deferred income |
EDITH PATRICIA PARRY LTD (REGISTERED NUMBER: 14492237) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 18 NOVEMBER 2022 TO 31 MARCH 2024 |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 100 |
100 Ordinary shares of £1 were issued during the period |
9. | RESERVES |
Retained |
earnings |
£ |
Profit for the period |
At 31 March 2024 |
10. | RELATED PARTY DISCLOSURES |
Mrs G L Parry and Mrs E P Parry were directors during this period and are directors or shareholders of Warren Farm (Powys) Limited, Nantycordy Farm (Powys) Limited and Stud Farm (Powys) Limited. |
H E, J J. JE and Mrs S I Morgan are partners in J E & S I Morgan partnership |
The company has received goods and services to the value of: | 2024 |
From: |
Mrs E P Parry | 45,161 |
Warren Farm (Powys) Limited | 290,463 |
Nantycordy Farm (Powys) Limited | 10,447 |
Stud Farm (Powys) Limited | 62,646 |
The company has sold goods and services to the value of: |
To: |
J E & S I Morgan partnership | 75,240 |