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REGISTERED NUMBER: 00613047 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

PARKER & MILNER LIMITED

PARKER & MILNER LIMITED (REGISTERED NUMBER: 00613047)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PARKER & MILNER LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: P Parker
M J Milner
C J Milner





REGISTERED OFFICE: 115c Milton Road
Cambridge
CB4 1XE





REGISTERED NUMBER: 00613047 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

PARKER & MILNER LIMITED (REGISTERED NUMBER: 00613047)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,012 6,012
Investment property 5 1,032,639 1,032,639
1,038,651 1,038,651

CURRENT ASSETS
Debtors 6 5,801 4,626
Prepayments and accrued income 982 969
Cash at bank 104,611 117,737
111,394 123,332
CREDITORS
Amounts falling due within one year 7 21,068 22,580
NET CURRENT ASSETS 90,326 100,752
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,128,977

1,139,403

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 752,904 752,904
Capital redemption reserve 3,028 3,028
Retained earnings 372,045 382,471
SHAREHOLDERS' FUNDS 1,128,977 1,139,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

PARKER & MILNER LIMITED (REGISTERED NUMBER: 00613047)

BALANCE SHEET - continued
30 SEPTEMBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 January 2025 and were signed on its behalf by:





C J Milner - Director


PARKER & MILNER LIMITED (REGISTERED NUMBER: 00613047)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Parker & Milner 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Fixtures and fittings - Straight line over 7 years

Investment properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

PARKER & MILNER LIMITED (REGISTERED NUMBER: 00613047)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 6,012 977 6,989
DEPRECIATION
At 1 October 2023
and 30 September 2024 - 977 977
NET BOOK VALUE
At 30 September 2024 6,012 - 6,012
At 30 September 2023 6,012 - 6,012

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,032,639
NET BOOK VALUE
At 30 September 2024 1,032,639
At 30 September 2023 1,032,639

The investment properties were revalued at 30.9.06 by Mr Peter Parker, a former director of the company, on an open market value basis. The new property purchased in 2013 has been included at cost.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,801 4,626

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 15,944 17,999
Accruals and deferred income 5,124 4,581
21,068 22,580

8. ULTIMATE CONTROLLING PARTY

The controlling party is P Parker.