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REGISTERED NUMBER: 04158680 (England and Wales)















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Parish Investments Limited

Parish Investments Limited (Registered number: 04158680)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Parish Investments Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Ms K G Hodell
Mrs S M Chambers





REGISTERED OFFICE: Southmoor Lane Workspace
Southmoor Lane
HAVANT
Hampshire
PO9 1JW





REGISTERED NUMBER: 04158680 (England and Wales)





ACCOUNTANTS: Hughes Spencer
12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH

Parish Investments Limited (Registered number: 04158680)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 391 488
Investment property 5 915,372 915,372
915,763 915,860

CURRENT ASSETS
Debtors 6 52,863 47,619
Cash at bank 70,569 55,846
123,432 103,465
CREDITORS
Amounts falling due within one year 7 93,952 116,382
NET CURRENT ASSETS/(LIABILITIES) 29,480 (12,917 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

945,243

902,943

CREDITORS
Amounts falling due after more than one
year

8

9,525

17,288
NET ASSETS 935,718 885,655

CAPITAL AND RESERVES
Called up share capital 3 3
Non-distributable retained
earnings 9 178,424 178,424
Other reserves 480,741 480,741
Retained earnings 276,550 226,487
SHAREHOLDERS' FUNDS 935,718 885,655

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

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

Parish Investments Limited (Registered number: 04158680)

Balance Sheet - continued
30 April 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 28 January 2025 and were signed on its behalf by:




Ms K G Hodell - Director



Mrs S M Chambers - Director


Parish Investments Limited (Registered number: 04158680)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Parish Investments 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rent received.

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 etc - 33% on cost, 25% on reducing balance and 20% on reducing balance

Investment property
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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 3,214
DEPRECIATION
At 1 May 2023 2,726
Charge for year 97
At 30 April 2024 2,823
NET BOOK VALUE
At 30 April 2024 391
At 30 April 2023 488

Parish Investments Limited (Registered number: 04158680)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 915,372
NET BOOK VALUE
At 30 April 2024 915,372
At 30 April 2023 915,372

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2012 58,769
Valuation in 2015 103,919
Valuation in 2016 (350,000 )
Cost 1,102,684
915,372

If the Investment Properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,102,684 1,102,684

The Investment Properties were valued on an open market basis on 8 March 2016 by Daniells Harrison .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 45,813 43,119
Other debtors 7,050 4,500
52,863 47,619

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 8,474 8,679
Trade creditors 88 -
Taxation and social security 12,983 23,997
Other creditors 72,407 83,706
93,952 116,382

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 9,525 17,288

Parish Investments Limited (Registered number: 04158680)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. RESERVES
Non-distribut
retained
earnings
£   
At 1 May 2023
and 30 April 2024 178,424