STEPHEN PARSONS ASSOCIATES LIMITED

Company Registration Number:
02791498 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

STEPHEN PARSONS ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

STEPHEN PARSONS ASSOCIATES LIMITED

Balance sheet

As at 31 March 2025


Notes

2025

2024


£

£
Fixed assets
Tangible assets: 3 3,706 4,942
Investments: 4 5,000 5,000
Total fixed assets: 8,706 9,942
Current assets
Debtors:   689,490 758,053
Cash at bank and in hand: 415,805 306,029
Total current assets: 1,105,295 1,064,082
Creditors: amounts falling due within one year: 5 (646,479) (611,508)
Net current assets (liabilities): 458,816 452,574
Total assets less current liabilities: 467,522 462,516
Total net assets (liabilities): 467,522 462,516
Capital and reserves
Called up share capital: 2 2
Other reserves: (71,500) 0
Profit and loss account: 539,020 462,514
Shareholders funds: 467,522 462,516

The notes form part of these financial statements

STEPHEN PARSONS ASSOCIATES LIMITED

Balance sheet statements

For the year ending 31 March 2025 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 22 May 2025
and signed on behalf of the board by:

Name: Mr M D Humphreys-Evans
Status: Director

The notes form part of these financial statements

STEPHEN PARSONS ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

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

STEPHEN PARSONS ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 12 12

STEPHEN PARSONS ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 60,885
At 31 March 2025 60,885
Depreciation
At 01 April 2024 55,943
Charge for year 1,236
At 31 March 2025 57,179
Net book value
At 31 March 2025 3,706
At 31 March 2024 4,942

STEPHEN PARSONS ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Fixed investments

Cost at 01/04/24 & 31/03/25 £5000 Carrying amount at 31/03/25 £5000

STEPHEN PARSONS ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

Bank loans & overdrafts £ 23,333 Trade creditors £ 245,288 Corporation Tax £ 22,876 Social security & other taxes £ 214,854 Other creditors £ 140,128 Total £646,479