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REGISTERED NUMBER: 00980063 (England and Wales)















D J & M PARRY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






D J & M PARRY LIMITED (REGISTERED NUMBER: 00980063)






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


D J & M PARRY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: Mrs E P Parry





SECRETARY: Mrs E P Parry





REGISTERED OFFICE: West Lodge
Rainbow Street
Leominster
Herefordshire
HR6 3DQ





REGISTERED NUMBER: 00980063 (England and Wales)





ACCOUNTANTS: Davies Edwards & Co
Chartered Certified Accountants
West Lodge
Rainbow Street
Leominster
Herefordshire
HR6 8DQ

D J & M PARRY LIMITED (REGISTERED NUMBER: 00980063)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 23,850
Tangible assets 5 390,912 483,795
390,912 507,645

CURRENT ASSETS
Stocks 89,615 126,900
Debtors 6 2,535,580 3,582,299
Cash at bank 2,340,563 1,033,464
4,965,758 4,742,663
CREDITORS
Amounts falling due within one year 7 193,077 194,751
NET CURRENT ASSETS 4,772,681 4,547,912
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,163,593

5,055,557

PROVISIONS FOR LIABILITIES 7,853 29,860
NET ASSETS 5,155,740 5,025,697

CAPITAL AND RESERVES
Called up share capital 8 3,500 3,500
Retained earnings 9 5,152,240 5,022,197
SHAREHOLDERS' FUNDS 5,155,740 5,025,697

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 director acknowledges her 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.

D J & M PARRY LIMITED (REGISTERED NUMBER: 00980063)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 March 2025 and were signed by:





Mrs E P Parry - Director


D J & M PARRY LIMITED (REGISTERED NUMBER: 00980063)

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

1. STATUTORY INFORMATION

D J & M Parry 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Entitlements is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Building Improvements - 2% on cost
Fixtures and fittings - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Tractors and motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost and 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, 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 Income Statement, 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.

D J & M PARRY LIMITED (REGISTERED NUMBER: 00980063)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023 23,850
Disposals (23,850 )
At 30 June 2024 -
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 23,850

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Building and
property Improvements fittings
£    £    £   
COST
At 1 July 2023 282,424 245,567 5,121
Additions - - -
Disposals - - (5,121 )
At 30 June 2024 282,424 245,567 -
DEPRECIATION
At 1 July 2023 - 163,637 5,120
Charge for year - 4,851 -
Eliminated on disposal - - (5,120 )
At 30 June 2024 - 168,488 -
NET BOOK VALUE
At 30 June 2024 282,424 77,079 -
At 30 June 2023 282,424 81,930 1

D J & M PARRY LIMITED (REGISTERED NUMBER: 00980063)

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

5. TANGIBLE FIXED ASSETS - continued

Tractors
Plant and and motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 21,269 91,000 13,375 658,756
Additions - - 3,155 3,155
Disposals (20,869 ) (65,000 ) - (90,990 )
At 30 June 2024 400 26,000 16,530 570,921
DEPRECIATION
At 1 July 2023 2,911 - 3,293 174,961
Charge for year 100 6,500 1,628 13,079
Eliminated on disposal (2,911 ) - - (8,031 )
At 30 June 2024 100 6,500 4,921 180,009
NET BOOK VALUE
At 30 June 2024 300 19,500 11,609 390,912
At 30 June 2023 18,358 91,000 10,082 483,795

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,027 393,248
Amounts owed by participating interests 2,496,347 2,480,618
Directors' current accounts 9,520 706,264
VAT 1,078 -
Prepayments and accrued income 2,608 2,169
2,535,580 3,582,299

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 71,615 5,263
Amounts owed to participating interests 4,979 129,120
Tax 66,973 38,886
Social security and other taxes 505 -
VAT - 6,353
Other creditors 1,000 1,000
Accruals and deferred income 48,005 14,129
193,077 194,751

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
3,500 Ordinary £1 3,500 3,500

D J & M PARRY LIMITED (REGISTERED NUMBER: 00980063)

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

9. RESERVES
Retained
earnings
£   

At 1 July 2023 5,022,197
Profit for the year 130,043
At 30 June 2024 5,152,240

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 June 2024 and the period ended 30 June 2023:

2024 2023
£    £   
Mrs E P Parry
Balance outstanding at start of year (706,264 ) 37,502
Amounts advanced (9,520 ) (805,400 )
Amounts repaid 706,264 61,634
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (9,520 ) (706,264 )

11. RELATED PARTY DISCLOSURES

Mrs E P Parry is a director of:
Warren Farm (Powys) Limited
Nantycordy Farm (Powys) Limited
Stud Farm (Powys) Limited


The company has sold goods and services to the value of:20242023
To:
Warren Farm (Powys) Limited-10,000
Nantycordy Farm (Powys) Limited--
Stud Farm (Powys) Limited-114,400


The company has received goods and services to the value of:
From:
Warren Farm (Powys) Limited--
Nantycordy Farm (Powys) Limited-107,773
Stud Farm (Powys) Limited-94,771

During the year goods and services were sold to Mrs E P Parry's son in law to the value of £1,250 (2023 - £55,000)