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Company Registration No. 04509000 (England and Wales)
Parson Limited Unaudited accounts for the period from 1 October 2023 to 30 April 2024
Parson Limited Unaudited accounts Contents
Page
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Parson Limited Company Information for the period from 1 October 2023 to 30 April 2024
Directors
Sally White Benjamin White
Company Number
04509000 (England and Wales)
Registered Office
17-19 St. Georges Street Norwich Norfolk NR3 1AB England
Accountants
Together Accounting Limited 17-19 St Georges Street Norwich Norfolk NR3 1AB
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Parson Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
162 
Tangible assets
1 
7,763 
1 
7,925 
Current assets
Debtors
41,777 
7,939 
Cash at bank and in hand
- 
106,707 
41,777 
114,646 
Creditors: amounts falling due within one year
(21,639)
(41,489)
Net current assets
20,138 
73,157 
Total assets less current liabilities
20,139 
81,082 
Creditors: amounts falling due after more than one year
- 
(27,442)
Provisions for liabilities
Deferred tax
- 
(1,815)
Net assets
20,139 
51,825 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
20,039 
51,725 
Shareholders' funds
20,139 
51,825 
For the period ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by
Sally White Director Company Registration No. 04509000
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Parson Limited Notes to the Accounts for the period from 1 October 2023 to 30 April 2024
1
Statutory information
Parson Limited is a private company, limited by shares, registered in England and Wales, registration number 04509000. The registered office is 17-19 St. Georges Street, Norwich, Norfolk, NR3 1AB, England.
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.
3
Accounting policies
These financial statements for the period from 1 October 2023 to 30 April 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
25% - Reducing Balance
Computer equipment
33% - Straight Line Method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Parson Limited Notes to the Accounts for the period from 1 October 2023 to 30 April 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 October 2023
33,150 
Disposals
(33,150)
At 30 April 2024
- 
Amortisation
At 1 October 2023
32,988 
On disposals
(32,988)
At 30 April 2024
- 
Net book value
At 30 April 2024
- 
At 30 September 2023
162 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2023
28,190 
- 
52,925 
81,115 
Additions
- 
1,652 
3,000 
4,652 
Disposals
(28,190)
(1,652)
(55,925)
(85,767)
At 30 April 2024
- 
- 
- 
- 
Depreciation
At 1 October 2023
26,808 
- 
46,544 
73,352 
Charge for the period
240 
- 
52 
292 
On disposals
(26,860)
- 
(46,785)
(73,645)
At 30 April 2024
188 
- 
(189)
(1)
Net book value
At 30 April 2024
(188)
- 
189 
1 
At 30 September 2023
1,382 
- 
6,381 
7,763 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
4,860 
Accrued income and prepayments
- 
2,139 
Other debtors
41,777 
940 
41,777 
7,939 
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Parson Limited Notes to the Accounts for the period from 1 October 2023 to 30 April 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,096 
1,809 
VAT
13,313 
18,585 
Trade creditors
3,442 
7,520 
Taxes and social security
3,788 
7,139 
Other creditors
- 
4,365 
Loans from directors
- 
451 
Accruals
- 
1,620 
21,639 
41,489 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
27,442 
9
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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