IRIS Accounts Production v24.3.2.46 05692748 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh056927482023-06-30056927482024-06-30056927482023-07-012024-06-30056927482022-06-30056927482022-07-012023-06-30056927482023-06-3005692748ns15:EnglandWales2023-07-012024-06-3005692748ns14:PoundSterling2023-07-012024-06-3005692748ns10:Director12023-07-012024-06-3005692748ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3005692748ns10:SmallEntities2023-07-012024-06-3005692748ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3005692748ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3005692748ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3005692748ns10:FullAccounts2023-07-012024-06-3005692748ns10:Director22023-07-012024-06-3005692748ns10:CompanySecretary12023-07-012024-06-3005692748ns10:RegisteredOffice2023-07-012024-06-3005692748ns5:CurrentFinancialInstruments2024-06-3005692748ns5:CurrentFinancialInstruments2023-06-3005692748ns5:ShareCapital2024-06-3005692748ns5:ShareCapital2023-06-3005692748ns5:RetainedEarningsAccumulatedLosses2024-06-3005692748ns5:RetainedEarningsAccumulatedLosses2023-06-3005692748ns5:LandBuildings2023-07-012024-06-3005692748ns5:PlantMachinery2023-07-012024-06-3005692748ns5:LandBuildings2023-06-3005692748ns5:PlantMachinery2023-06-3005692748ns5:LandBuildings2024-06-3005692748ns5:PlantMachinery2024-06-3005692748ns5:LandBuildings2023-06-3005692748ns5:PlantMachinery2023-06-3005692748ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3005692748ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 05692748 (England and Wales)












GRANT PARKER LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






GRANT PARKER LTD (REGISTERED NUMBER: 05692748)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


GRANT PARKER LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







Directors: Mr G J Parker
Mrs V A Parker



Secretary: Mrs V A Parker



Registered office: Brookdale Farm
Gressingham
LANCASTER
LA2 8LR



Registered number: 05692748 (England and Wales)



Accountants: Xeinadin
Dalton House
9 Dalton Square
LANCASTER
LA1 1WD



Bankers: National Westminster Bank Plc
68 Church Street
LANCASTER
LA1 1LN

GRANT PARKER LTD (REGISTERED NUMBER: 05692748)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 314,313 312,138

Current assets
Stocks 4,400 4,300
Debtors 5 328,136 360,553
Cash at bank 225,529 174,140
558,065 538,993
Creditors
Amounts falling due within one year 6 429,720 442,037
Net current assets 128,345 96,956
Total assets less current liabilities 442,658 409,094

Provisions for liabilities 78,578 78,035
Net assets 364,080 331,059

Capital and reserves
Called up share capital 100 100
Retained earnings 363,980 330,959
364,080 331,059

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

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

GRANT PARKER LTD (REGISTERED NUMBER: 05692748)

BALANCE SHEET - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 January 2025 and were signed on its behalf by:





Mr G J Parker - Director


GRANT PARKER LTD (REGISTERED NUMBER: 05692748)

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


1. Statutory information

Grant Parker 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 and represents amounts receivable, for goods and services provided in the normal course of business, net of discounts, rebates, value added tax and other sales taxes.

Turnover is recognised at a point in time when a performance obligation is satisfied by transferring a good or service to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - Straight line over 10 years
Plant and machinery etc - 25% Reducing balance, 25% Straight line and 15% Reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

GRANT PARKER LTD (REGISTERED NUMBER: 05692748)

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


2. Accounting policies - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 13 (2023 - 11 ) .

4. Tangible fixed assets
Plant and
Leasehold machinery
improvements etc Totals
£    £    £   
Cost
At 1 July 2023 15,365 930,218 945,583
Additions - 129,246 129,246
Disposals - (90,503 ) (90,503 )
At 30 June 2024 15,365 968,961 984,326
Depreciation
At 1 July 2023 7,680 625,765 633,445
Charge for year 1,536 92,628 94,164
Eliminated on disposal - (57,596 ) (57,596 )
At 30 June 2024 9,216 660,797 670,013
Net book value
At 30 June 2024 6,149 308,164 314,313
At 30 June 2023 7,685 304,453 312,138

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 314,343 346,367
Other debtors 13,793 14,186
328,136 360,553

GRANT PARKER LTD (REGISTERED NUMBER: 05692748)

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


6. Creditors: amounts falling due within one year
2024 2023
£    £   
Hire purchase contracts 3,938 4,600
Trade creditors 177,240 184,008
Taxation and social security 60,805 60,802
Other creditors 187,737 192,627
429,720 442,037

7. Secured debts

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 3,938 4,600

The hire purchase liabilities are secured on the assets concerned.