PARRS POINT LIMITED

Company Registration Number:
01497286 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

PARRS POINT LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

PARRS POINT LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 4,550 8,078
Investments: 4 5,839,946 5,839,946
Total fixed assets: 5,844,496 5,848,024
Current assets
Stocks: 0 0
Debtors:   547,239 372,829
Cash at bank and in hand: 333,037 279,789
Investments:   0 0
Total current assets: 880,276 652,618
Creditors: amounts falling due within one year:   (481,866) (554,201)
Net current assets (liabilities): 398,410 98,417
Total assets less current liabilities: 6,242,906 5,946,441
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: (931,509) (931,509)
Total net assets (liabilities): 5,311,397 5,014,932
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 5,311,297 5,014,832
Shareholders funds: 5,311,397 5,014,932

The notes form part of these financial statements

PARRS POINT LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 March 2025
and signed on behalf of the board by:

Name: A BEVILACQUA
Status: Director

The notes form part of these financial statements

PARRS POINT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PARRS POINT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

PARRS POINT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 291,478
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 June 2024 291,478
Depreciation
At 01 July 2023 283,400
Charge for year 3,528
On disposals 0
Other adjustments 0
At 30 June 2024 286,928
Net book value
At 30 June 2024 4,550
At 30 June 2023 8,078

PARRS POINT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Fixed investments

Fixed asset investments refer to investment properties which are held either to earn rental income or for capital appreciation or for both. Investment properties whose fair value can be measured reliably without undue cost or effort are held at fair value. Any gains or losses arising from changes in the fair value are recognised in profit or loss in the period that they arise. No depreciation is provided in respect of investment properties applying the fair value model. This treatment , as regards certain of the company's investment properties , may be a departure from the requirements of the Companies Act concerning depreciation of fixed assets. However , these properties are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the accounts to give a true and fair view. Depreciation or amortisation is only one of the factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.