B & T PARSONS LIMITED

Company Registration Number:
09954466 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

B & T PARSONS LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

B & T PARSONS LIMITED

Company Information

for the Period Ended 31 January 2024




Director: Mr B L Parsons
Mrs T L Parsons
Registered office: 61
Main Street
Repton
Derby
England
DE65 6EZ
Company Registration Number: 09954466 (England and Wales)

B & T PARSONS LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 131,382 132,805
Total fixed assets: 131,382 132,805
Current assets
Debtors: 5 57 56
Cash at bank and in hand: 4,518 3,463
Total current assets: 4,575 3,519
Creditors: amounts falling due within one year: 6 ( 25,481 ) ( 20,658 )
Net current assets (liabilities): ( 20,906 ) ( 17,139 )
Total assets less current liabilities: 110,476 115,666
Creditors: amounts falling due after more than one year: 7 ( 54,504 ) ( 59,554 )
Provision for liabilities: ( 287 ) ( 533 )
Total net assets (liabilities): 55,685 55,579

The notes form part of these financial statements

B & T PARSONS LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 55,585 55,479
Shareholders funds: 55,685 55,579

For the year ending 31 January 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 7 September 2024
And Signed On Behalf Of The Board By:

Name: Mr B L Parsons
Status: Director

The notes form part of these financial statements

B & T PARSONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost of the asset less their residual values over their useful lives on the following basis:

    Freehold buildings - nil%
    Fixtures, fittings & equipment - 25% straight line
    Computer equipment - 33% straight line

B & T PARSONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 3 3

B & T PARSONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

B & T PARSONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Land & buildings Fixtures & fittings Office equipment Total
Cost £ £ £ £
At 01 February 2023 130,000 14,902 5,995 150,897
Additions - - - -
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 January 2024 130,000 14,902 5,995 150,897
Depreciation
At 01 February 2023 0 14,902 3,190 18,092
Charge for year - - 1,423 1,423
On disposals - - - -
Other adjustments - - - -
At 31 January 2024 0 14,902 4,613 19,515
Net book value
At 31 January 2024 130,000 0 1,382 131,382
At 31 January 2023 130,000 0 2,805 132,805

B & T PARSONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors


2024
£

2023
£
Prepayments and accrued income 57 56
Total 57 56

B & T PARSONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 5,426 5,518
Taxation and social security 4,628 10,686
Accruals and deferred income 540 335
Other creditors 14,887 4,119
Total 25,481 20,658

B & T PARSONS LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 54,504 59,554
Total 54,504 59,554