Registration number: 10438595

Parry Catering Group Ltd

Contents

Company Information	1
Directors' Report	2
Profit and Loss Account	3
Balance Sheet	4
Statement of Changes in Equity	5
Notes to the Unaudited Financial Statements	6 to 13

Parry Catering Group Ltd

Company Information

Directors

Mr MW Banton Mrs B Banton

Registered office

The New Factory Town End Road Draycott Derbyshire DE72 3PT

Accountants

DJM Accountants & Consultancy Limited 71-75 Shelton Street Covent Garden London WC2H 9JQ

Parry Catering Group Ltd

Directors' Report for the Year Ended 28 February 2025

The directors present their report and the financial statements for the year ended 28 February 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr MW Banton

Mrs B Banton

Principal activity

The principal activity of the company is Other Business Support Service Activities

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 12 September 2025 and signed on its behalf by:
 

......................................... Mr MW Banton Director

Parry Catering Group Ltd

Profit and Loss Account for the Year Ended 28 February 2025

	Note	2025 £	2024 £
Turnover		364,005	450,235
Gross profit		364,005	450,235
Administrative expenses		(220,596)	(334,189)
Operating profit		143,409	116,046
Interest payable and similar expenses		(33,531)	(41,088)
Profit before tax	4	109,878	74,958
Tax on profit		(34,092)	(21,609)
Profit for the financial year		75,786	53,349

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

Parry Catering Group Ltd

(Registration number: 10438595)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	1,003,692	1,086,813
Current assets
Debtors	7	274,760	404,906
Investments	8	400,005	400,005
Cash at bank and in hand		607,782	549,009
		1,282,547	1,353,920
Creditors: Amounts falling due within one year	9	(170,528)	(319,308)
Net current assets		1,112,019	1,034,612
Total assets less current liabilities		2,115,711	2,121,425
Creditors: Amounts falling due after more than one year	9	(298,833)	(380,333)
Net assets		1,816,878	1,741,092
Capital and reserves
Called up share capital	10	50,000	50,000
Revaluation reserve		550,000	550,000
Retained earnings		1,216,878	1,141,092
Shareholders' funds		1,816,878	1,741,092

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 12 September 2025 and signed on its behalf by:
 

......................................... Mr MW Banton Director

Parry Catering Group Ltd

Statement of Changes in Equity for the Year Ended 28 February 2025

	Share capital £	Revaluation reserve £	Retained earnings £	Total £
At 1 March 2024	50,000	550,000	1,141,092	1,741,092
Profit for the year	-	-	75,786	75,786
At 28 February 2025	50,000	550,000	1,216,878	1,816,878

	Share capital £	Revaluation reserve £	Retained earnings £	Total £
At 1 March 2023	50,000	550,000	1,087,743	1,687,743
Profit for the year	-	-	53,349	53,349
At 29 February 2024	50,000	550,000	1,141,092	1,741,092

Parry Catering Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The New Factory Town End Road
Draycott
Derbyshire
DE72 3PT

These financial statements were authorised for issue by the Board on 12 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

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

The current income 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.

Parry Catering Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and building	in accordance with the property
Plant and machinery	5% straight line method
Fixtures and fittings	25% straight line method
Equipment	25% straight line method

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 equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Parry Catering Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	83,121	83,121

Parry Catering Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

5	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 March 2024	1,342,418	45,000	160,000	60,000
At 28 February 2025	1,342,418	45,000	160,000	60,000
Depreciation
At 1 March 2024	335,605	45,000	80,000	60,000
Charge for the year	67,121	-	16,000	-
At 28 February 2025	402,726	45,000	96,000	60,000
Carrying amount
At 28 February 2025	939,692	-	64,000	-
At 29 February 2024	1,006,813	-	80,000	-

	Total £
Cost or valuation
At 1 March 2024	1,607,418
At 28 February 2025	1,607,418
Depreciation
At 1 March 2024	520,605
Charge for the year	83,121
At 28 February 2025	603,726
Carrying amount
At 28 February 2025	1,003,692
At 29 February 2024	1,086,813

Included within the net book value of land and buildings above is £939,692 (2024 - £1,006,813) in respect of freehold land and buildings.
 

Parry Catering Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

6	Investments

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking	Registered office	Holding	Proportion of voting rights and shares held
			2025	2024
Subsidiary undertakings
Parry Catering Equipment (Midlands) Ltd	The New Factory, Town End Road, Draycott, Derby, DE72 3PT England	Ordinary shares	100%	100%
Parry Clinical Equipment Limited	The New Factory, Town End Road, Draycott, Derby, DE72 3PT England	Ordinary	100%	100%
Parry Medical Equipment Limited	The New Factory, Town End Road, Draycott, Derby, DE72 3PT England	Ordinary	100%	100%
Parry Educational Equipment Limited	The New Factory, Town End Road, Draycott, Derby, DE72 3PT England	Ordinary	100%	100%
Parry Stainless Equipment Limited	The New Factory, Town End Road, Draycott, Derby, DE72 3PT England	Ordinary	100%	100%
Parry Healthcare Equipment Limited	The New Factory, Town End Road, Draycott, Derby, DE72 3PT England	Ordinary	100%	100%
Flexi-Serve Limited	The New Factory, Town End Road, Draycott, Derby, DE72 3PT England	Ordinary	100%	100%