ACCOUNTS - Final Accounts preparation

Registered number: 15792581

TAURUS PARSONS GREEN HOLDCO 1 LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

TAURUS PARSONS GREEN HOLDCO 1 LTD

REGISTERED NUMBER: 15792581

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

	Period Ended 31 December
	2024
Note	£

Fixed asset
Investments	5	2

Net assets		2

Capital and reserves
Called up share capital	5	14,283
Profit and loss account		(14,281)
Total equity		2

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Nicholas Harry Jacobs

Director

Date: 19 September 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1

TAURUS PARSONS GREEN HOLDCO 1 LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	General information

Taurus Parsons Green Holdco 1 Ltd is a private limited company incorporated in England with the company number 15792581. The financial statements are for the period from incorporation on 21 June 2024 to 31 December 2024.

The Company's registered office is 8 Richmond Mews, London, United Kingdom, W1D 3DH.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise
specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting
Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies
Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than
where additional disclosure is required to show a true and fair view.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).
The following principal accounting policies have been applied:

The following principal accounting policies have been applied:

2.2

Going concern

These financial statements have been prepared on a going concern basis. The Company is dependent upon the continued financial support of the shareholder to continue operating and to meet its liabilities as they fall due. The shareholder agrees to continue to provide financial support to the Company and not to call on the shareholder loan until such a time as the Company is in a position to repay the loan. Accordingly the Directors have prepared the accounts under the going concern concept.

No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

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TAURUS PARSONS GREEN HOLDCO 1 LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured a the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payments is due within one year of less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Employees

The Company has no employees other than the Directors, who did not receive any remuneration.

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TAURUS PARSONS GREEN HOLDCO 1 LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

4.	Fixed asset investments

		Investments in subsidiary company
		£
	Cost or valuation
	Additions	14,284
	Disposals	(14,282)
	At 31 December 2024	2

Subsidiary undertaking
The following was a subsidiary undertaking of the Company:
Name	Registered office	Holding

Taurus Parsons Green Holdco 2 Limited

8 Richmond Mews
London
W1D 3DH

100%

5.	Called up share capital
		31 December
		2024
		£

		Authorised, allotted, called up and fully paid

		1,000 Ordinary shares of £0.001 each	1
		8,411,911 Ordinary A shares shares of £0.001 each	8,412
		749,947 Ordinary B shares shares of £0.001 each	750
		5,119,642 Ordinary C shares shares of £0.001 each	5,120

			14,283

On incorporation, the Company issued 1,000 Ordinary shares at a par value of £0.001 each.
On 1 August 2024, the Company issued 8,411,911 Ordinary A shares, 749,947 Ordinary B shares and 5,119,642 Ordinary C shares at par value of £0.001 each.

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TAURUS PARSONS GREEN HOLDCO 1 LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

6.	Controlling party

On incorporation, Taurus Parsons Green Holdco 1 Limited was owned by Taurus CD 243 Parsons Green Jersey Limited, Profimex Parsons Green Limited and W.RE Capital Limited. The former two companies are incorporated in Jersey whilst the latter is incorporated in Guernsey. The ultimate controlling party was considered to be Taurus CD 243 Parsons Green Jersey Limited due to its majority shareholding.

In October 2024, following a merger, the entire share capital of Profimex Parsons Green Limited was acquired by Taurus CD 243 Parsons Green Jersey Limited. The ultimate controlling party remains Taurus CD 243 Parsons Green Jersey Limited due to its majority shareholding in Taurus Parsons Green Holdco 1 Limited.

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