Company Registration No. 09343699 (England and Wales)
Parrish Leisure Limited
Unaudited accounts
for the year ended 30 November 2024
Parrish Leisure Limited
Unaudited accounts
Contents
Parrish Leisure Limited
Company Information
for the year ended 30 November 2024
Company Number
09343699 (England and Wales)
Registered Office
THE DOWNSHIRE, 71 BALDWINS LANE
CROXLEY GREEN
RICKMANSWORTH
HERTS
WD3 3LT
Accountants
Dempsey & Co
The Downshire
71 Baldwins Lane Croxley Green
Rickmansworth
Herts
WD3 3LT
Parrish Leisure Limited
Statement of financial position
as at 30 November 2024
Tangible assets
1,203,351
1,130,712
Cash at bank and in hand
202,907
121,376
Creditors: amounts falling due within one year
(341,223)
(355,981)
Net current liabilities
(72,121)
(168,849)
Total assets less current liabilities
1,131,230
961,863
Creditors: amounts falling due after more than one year
(605,405)
(464,564)
Provisions for liabilities
Deferred tax
(87,489)
(116,992)
Net assets
438,336
380,307
Called up share capital
100
100
Profit and loss account
438,236
380,207
Shareholders' funds
438,336
380,307
For the year ending 30 November 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 February 2025 and were signed on its behalf by
MR H Parrish
Director
Company Registration No. 09343699
Parrish Leisure Limited
Notes to the Accounts
for the year ended 30 November 2024
Parrish Leisure Limited is a private company, limited by shares, registered in England and Wales, registration number 09343699. The registered office is THE DOWNSHIRE, 71 BALDWINS LANE, CROXLEY GREEN, RICKMANSWORTH, HERTS, WD3 3LT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents net receipts of takings.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% straight line
Plant & machinery
15% reducing balance
Motor vehicles
15% reducing balance
Fixtures & fittings
15% reducing balance
Goodwill is written off over 4 years
Stock is valued at the lower of cost and net realisable value.
Deferred taxation is provided in respect of the tax effect of all timing differences at the rates of tax expected to apply when the timing differences reverse.
Parrish Leisure Limited
Notes to the Accounts
for the year ended 30 November 2024
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account in the year in which they are made.
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account in the year in which they are made.
These financial statements have been prepared on a going concern basis.
Rentals payable under operating leases are charged to the profit and loss account as incurred.
4
Intangible fixed assets
Goodwill
At 1 December 2023
100,000
At 30 November 2024
100,000
At 1 December 2023
100,000
At 30 November 2024
100,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2023
593,523
1,040,144
17,999
321,973
1,973,639
Additions
51,607
135,496
59,581
15,831
262,515
Disposals
-
(23,995)
-
-
(23,995)
At 30 November 2024
645,130
1,151,645
77,580
337,804
2,212,159
At 1 December 2023
47,771
612,914
3,300
178,942
842,927
Charge for the year
6,451
115,527
11,637
35,865
169,480
On disposals
-
(3,599)
-
-
(3,599)
At 30 November 2024
54,222
724,842
14,937
214,807
1,008,808
At 30 November 2024
590,908
426,803
62,643
122,997
1,203,351
At 30 November 2023
545,752
427,230
14,699
143,031
1,130,712
Parrish Leisure Limited
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
42,924
42,924
Obligations under finance leases and hire purchase contracts
23,867
21,706
Trade creditors
82,816
94,298
Other creditors
44,175
56,676
Loans from directors
147,441
140,377
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
605,405
464,564
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 13 (2023: 13).