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REGISTERED NUMBER: 14492237 (England and Wales)















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: Mrs S I Morgan
J J Morgan
J E Morgan
H E Morgan





REGISTERED OFFICE: West Lodge
Rainbow Street
Leominster
Herefordshire
HR6 8DQ





REGISTERED NUMBER: 14492237 (England and Wales)





ACCOUNTANTS: Davies Edwards & Co
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 27,029
Tangible assets 5 6,482
33,511

CURRENT ASSETS
Stocks 194,850
Debtors 6 327,902
Cash at bank 288,489
811,241
CREDITORS
Amounts falling due within one year 7 661,650
NET CURRENT ASSETS 149,591
TOTAL ASSETS LESS CURRENT
LIABILITIES

183,102

CAPITAL AND RESERVES
Called up share capital 8 100
Retained earnings 9 183,002
SHAREHOLDERS' FUNDS 183,102

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

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

EDITH PATRICIA PARRY LTD (REGISTERED NUMBER: 14492237)

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 Board of Directors and authorised for issue on 15 August 2024 and were signed on its behalf by:





H E Morgan - Director


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 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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Computer equipment - 33% on cost

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 27,029
At 31 March 2024 27,029
NET BOOK VALUE
At 31 March 2024 27,029

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
Additions 6,100 861 6,961
At 31 March 2024 6,100 861 6,961
DEPRECIATION
Charge for period 479 - 479
At 31 March 2024 479 - 479
NET BOOK VALUE
At 31 March 2024 5,621 861 6,482

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 311,479
VAT 11,265
Prepayments and accrued income 5,158
327,902

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 90,429
Tax 52,210
Directors' current accounts 498,951
Accruals and deferred income 20,060
661,650

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: £   
100 Ordinary £1 100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .

9. RESERVES
Retained
earnings
£   

Profit for the period 183,002
At 31 March 2024 183,002

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 Parry45,161
Warren Farm (Powys) Limited290,463
Nantycordy Farm (Powys) Limited10,447
Stud Farm (Powys) Limited62,646


The company has sold goods and services to the value of:
To:
J E & S I Morgan partnership75,240