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REGISTERED NUMBER: 06455900 (England and Wales)



















PARKER & SON (HOLDINGS) LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2023 TO 28 AUGUST 2024






PARKER & SON (HOLDINGS) LTD (REGISTERED NUMBER: 06455900)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 28 AUGUST 2024










Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


PARKER & SON (HOLDINGS) LTD

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2023 TO 28 AUGUST 2024







DIRECTORS: Mr M T Parker
Mr C D T Parker
Mrs R C Parker





SECRETARY: Mrs R C Parker





REGISTERED OFFICE: 81 Burton Road
Derby
Derbyshire
DE1 1TJ





REGISTERED NUMBER: 06455900 (England and Wales)





ACCOUNTANTS: Johnson Tidsall Limited
Chartered Accountants
81 Burton Road
Derby
Derbyshire
DE1 1TJ

PARKER & SON (HOLDINGS) LTD (REGISTERED NUMBER: 06455900)

BALANCE SHEET
28 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 9,737
Investments 5 - -
- 9,737

CURRENT ASSETS
Debtors 6 - 3,793
Cash at bank 27,481 151,461
27,481 155,254
CREDITORS
Amounts falling due within one year 7 49,708 179,334
NET CURRENT LIABILITIES (22,227 ) (24,080 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(22,227

)

(14,343

)

CAPITAL AND RESERVES
Called up share capital 8 50,850 50,850
Other reserves 9 40,688 40,688
Retained earnings 9 (113,765 ) (105,881 )
SHAREHOLDERS' FUNDS (22,227 ) (14,343 )

PARKER & SON (HOLDINGS) LTD (REGISTERED NUMBER: 06455900)

BALANCE SHEET - continued
28 AUGUST 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 August 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.

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 27 May 2025 and were signed on its behalf by:





Mr M T Parker - Director


PARKER & SON (HOLDINGS) LTD (REGISTERED NUMBER: 06455900)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 28 AUGUST 2024


1. STATUTORY INFORMATION

Parker & Son (Holdings) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The directors consider it appropriate to prepare the financial statements on the going concern basis, and confirm support of the company via their loan accounts.

The financial year has been extended from 29 February 2024 to 28 August 2024 for administrative purposes.

Preparation of consolidated financial statements
The financial statements contain information about Parker & Son (Holdings) Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Sales, rental income and commission shown in the profit and loss account represents amounts invoiced during the year exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost or deemed cost less any provision for impairment.

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.

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Taxation
Taxation for the period 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.


PARKER & SON (HOLDINGS) LTD (REGISTERED NUMBER: 06455900)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 28 AUGUST 2024


2. ACCOUNTING POLICIES - continued
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 period 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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 9,800 145 9,945
Disposals (9,800 ) (145 ) (9,945 )
At 28 August 2024 - - -
DEPRECIATION
At 1 March 2023 204 4 208
Charge for period 2,849 73 2,922
Eliminated on disposal (3,053 ) (77 ) (3,130 )
At 28 August 2024 - - -
NET BOOK VALUE
At 28 August 2024 - - -
At 28 February 2023 9,596 141 9,737

PARKER & SON (HOLDINGS) LTD (REGISTERED NUMBER: 06455900)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 28 AUGUST 2024


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 28 August 2024 121,438
PROVISIONS
At 1 March 2023
and 28 August 2024 121,438
NET BOOK VALUE
At 28 August 2024 -
At 28 February 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 3,793

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,339 6,386
Amounts owed to group undertakings - 21,360
Corporation tax - 36
VAT 1,900 781
Directors' current accounts 38,857 149,003
Accruals and deferred income 2,612 1,768
49,708 179,334

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
50,850 Ordinary £1 50,850 50,850

9. RESERVES
Retained Other
earnings reserves Totals
£    £    £   

At 1 March 2023 (105,881 ) 40,688 (65,193 )
Deficit for the period (7,884 ) (7,884 )
At 28 August 2024 (113,765 ) 40,688 (73,077 )

Other reserves relates to a merger reserve.

PARKER & SON (HOLDINGS) LTD (REGISTERED NUMBER: 06455900)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 28 AUGUST 2024


10. RELATED PARTY DISCLOSURES

2024 2023
£ £
Amounts owed to directors 38,857 149,003

Amounts owed to group undertakings - 21,360

The above amounts are interest free, and have no formal repayment terms.

Parker & Son (Printers) Ltd, a wholly owned subsidiary, appointed a liquidator on 17 February 2023.
An amount of £13,946 owed to Parker & Son (Holdings) Ltd by Parker & Son (Printers) Ltd was written off as an exceptional item in the year ended 28 February 2023.