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Company No: 00978910 (England and Wales)

JASPER PARROTT LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2024
Pages for filing with the registrar

JASPER PARROTT LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2024

Contents

JASPER PARROTT LIMITED

COMPANY INFORMATION

For the financial year ended 31 December 2024
JASPER PARROTT LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 December 2024
DIRECTORS J W Parrott
M E O Parrott
SECRETARY C L Fairlamb
REGISTERED OFFICE 22 Chancery Lane
London
WC2A 1LS
United Kingdom
COMPANY NUMBER 00978910 (England and Wales)
JASPER PARROTT LIMITED

BALANCE SHEET

As at 31 December 2024
JASPER PARROTT LIMITED

BALANCE SHEET (continued)

As at 31 December 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 16,277 15,547
Investments 4 1,147,420 1,101,963
1,163,697 1,117,510
Current assets
Debtors 5 166,752 193,037
Cash at bank and in hand 23,920 386,587
190,672 579,624
Creditors: amounts falling due within one year 6 ( 27,186) ( 305,574)
Net current assets 163,486 274,050
Total assets less current liabilities 1,327,183 1,391,560
Provision for liabilities 0 ( 13,656)
Net assets 1,327,183 1,377,904
Capital and reserves
Called-up share capital 526 526
Capital redemption reserve 4,348 4,348
Profit and loss account 1,322,309 1,373,030
Total shareholders' funds 1,327,183 1,377,904

For the financial year 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 Jasper Parrott Limited (registered number: 00978910) were approved and authorised for issue by the Board of Directors on 10 June 2025. They were signed on its behalf by:

M E O Parrott
Director
JASPER PARROTT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
JASPER PARROTT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2024
1. Accounting policies

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

General information and basis of accounting

Jasper Parrott 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 22 Chancery Lane, London, WC2A 1LS, 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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Interest income

Interest income from fixed interest securities is accounted for on an accruals basis.

Dividend income

Dividend income from equities is accounted for on the date the stocks are quoted ex-dividend.

Taxation

Current tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of any provision for impairment.

Fixtures and fittings
Computer equipment
Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

Derivative financial instruments
The Company uses forward foreign currency contracts to reduce exposure to foreign exchange risk . These contracts are initially recognised at fair value at the date that they are entered into. These are subsequently remeasured to their fair value at each reporting date being the gain or loss that would arise from closing out the contract at the reporting date by entering into an equal and opposite contract at that date. The resulting gain or loss is recognised in the Profit and Loss Account immediately.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the company during the year 0 0

3. Tangible assets

Fixtures and fittings Computer equipment Total
£ £ £
Cost
At 01 January 2024 15,547 0 15,547
Additions 0 812 812
At 31 December 2024 15,547 812 16,359
Accumulated depreciation
At 01 January 2024 0 0 0
Charge for the financial year 0 82 82
At 31 December 2024 0 82 82
Net book value
At 31 December 2024 15,547 730 16,277
At 31 December 2023 15,547 0 15,547

4. Fixed asset investments

Listed investments Other investments Total
£ £ £
Cost or valuation before impairment
At 01 January 2024 1,099,669 2,294 1,101,963
Additions 1,158,778 0 1,158,778
Disposals ( 1,072,673) ( 2,294) ( 1,074,967)
Movement in fair value ( 38,354) 0 ( 38,354)
At 31 December 2024 1,147,420 0 1,147,420
Carrying value at 31 December 2024 1,147,420 0 1,147,420
Carrying value at 31 December 2023 1,099,669 2,294 1,101,963

Other investments comprise forward foreign currency contracts.

5. Debtors

2024 2023
£ £
Other debtors 166,752 193,037

6. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 11,876 1,825
Other creditors 15,310 303,749
27,186 305,574

7. Advances and credits to directors

2024 2023
£ £
At January 2024 5,916 5,791
Advances to director 0 0
Interest applied 256 125
Repayments by director 0 0
At 31 December 2024 6,172 5,916

The above loan is unsecured, interest bearing, and repayable on demand.