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Company No: 15140701 (England and Wales)

HARRISON/PARROTT HOLDINGS LIMITED

Unaudited Financial Statements
For the financial period from 15 September 2023 to 31 December 2024
Pages for filing with the registrar

HARRISON/PARROTT HOLDINGS LIMITED

Unaudited Financial Statements

For the financial period from 15 September 2023 to 31 December 2024

Contents

HARRISON/PARROTT HOLDINGS LIMITED

COMPANY INFORMATION

For the financial period from 15 September 2023 to 31 December 2024
HARRISON/PARROTT HOLDINGS LIMITED

COMPANY INFORMATION (continued)

For the financial period from 15 September 2023 to 31 December 2024
DIRECTORS M E O Parrott (Appointed 28 May 2025)
J W Parrott (Appointed 15 September 2023)
REGISTERED OFFICE Somerset House Rooms S75 S76 S77
Second Floor
South Wing
Strand
London
WC2R 1LA
United Kingdom
COMPANY NUMBER 15140701 (England and Wales)
HARRISON/PARROTT HOLDINGS LIMITED

BALANCE SHEET

As at 31 December 2024
HARRISON/PARROTT HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 31.12.2024
£
Fixed assets
Investments 3 2,500,741
2,500,741
Current assets
Debtors 4 948
948
Creditors: amounts falling due within one year 5 ( 7,929)
Net current liabilities (6,981)
Total assets less current liabilities 2,493,760
Net assets 2,493,760
Capital and reserves
Called-up share capital 2,500,000
Profit and loss account ( 6,240 )
Total shareholders' funds 2,493,760

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Harrison/Parrott Holdings Limited (registered number: 15140701) were approved and authorised for issue by the Board of Directors on 09 June 2025. They were signed on its behalf by:

M E O Parrott
Director
HARRISON/PARROTT HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 15 September 2023 to 31 December 2024
HARRISON/PARROTT HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 15 September 2023 to 31 December 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Harrison/Parrott Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Somerset House Rooms S75 S76 S77, Second Floor, South Wing, Strand, London, WC2R 1LA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Fixed asset investments

Investments in subsidiaries are measured at cost less impairment. Impairment reviews are carried out annually by the director.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as 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.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

2. Employees

Period from
15.09.2023 to
31.12.2024
Number
Monthly average number of persons employed by the company during the period 0

3. Fixed asset investments

Investments in subsidiaries

31.12.2024
£
Cost
At 15 September 2023 0
Additions 2,650,741
Disposals ( 150,000)
At 31 December 2024 2,500,741
Carrying value at 31 December 2024 2,500,741

4. Debtors

31.12.2024
£
Other debtors 948

5. Creditors: amounts falling due within one year

31.12.2024
£
Amounts owed to group undertakings 6,429
Other creditors 1,500
7,929

6. Other information

During the period, Harrison/Parrott Limited (company number: 02861707) transitioned to employee ownership.

A number of restructuring transactions were implemented in order to facilitate the transition, immediately before which Harrison/Parrott Limited was a subsidiary of Jasper Parrott Limited (company number: 00978910). These restructuring transactions included the formation of Jasper Parrott Holdings Limited (company number: 15140867) which, under a share for share exchange agreement dated 26 September 2023, acquired the whole of the share capital of Jasper Parrott Limited. This was immediately followed by a distribution in specie of all of the shares held by Jasper Parrott Limited in Harrison/Parrott Limited to Jasper Parrott Holdings Limited.

Under a demerger agreement dated 28 September 2023, Jasper Parrott Holdings Limited then transferred its entire shareholding in Harrison/Parrott Limited to the Company. The restructuring also involved two of Harrison/Parrott Limited’s divisions, Polyarts and Birdsong Music Publishing, being placed, by way of tax efficient demergers, in separate corporate structures headed up by Polyarts Holdings Limited (company number: 15141016) and Birdsong Holdings Limited (company number: 15140805) respectively.

A controlling interest in the Company was then acquired by the Harrison/Parrott Employee Ownership Trust (the 'EOT') under a share purchase agreement dated 9 October 2023.