REGISTERED NUMBER: 06022899 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PARKER STRUCTURAL STEELWORK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R P Parker

REGISTERED OFFICE:

208 Windmill Avenue

Kettering

Northamptonshire

NN15 7DG

REGISTERED NUMBER:

06022899 (England and Wales)

ACCOUNTANTS:

TC Group

1 Rushmills

Bedford Road

Northampton

Northamptonshire

NN4 7YB

FIXED ASSETS

Tangible assets

4

70,159

80,083

CURRENT ASSETS

Debtors

5

3,802

4,289

Cash at bank

5,077

9,582

8,879

13,871

CREDITORS

Amounts falling due within one year

6

19,953

13,786

NET CURRENT (LIABILITIES)/ASSETS

(11,074

)

85

TOTAL ASSETS LESS CURRENT LIABILITIES

59,085

80,168

CREDITORS

Amounts falling due after more than one year

7

(17,661

)

(20,783

)

PROVISIONS FOR LIABILITIES

(13,330

)

(5,423

)

NET ASSETS

28,094

53,962

CAPITAL AND RESERVES

Called up share capital

8

20

20

Retained earnings

28,074

53,942

SHAREHOLDERS' FUNDS

28,094

53,962

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

R P Parker - Director

1.	STATUTORY INFORMATION

Parker Structural Steelwork Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

31,311

79,750

24,373

135,434

Additions

-

17,708

1,999

19,707

Disposals

-

(16,809

)

-

(16,809

)

At 31 December 2024

31,311

80,649

26,372

138,332

DEPRECIATION

At 1 January 2024

26,152

11,461

17,738

55,351

Charge for year

1,290

17,341

1,742

20,373

Eliminated on disposal

-

(7,551

)

-

(7,551

)

At 31 December 2024

27,442

21,251

19,480

68,173

NET BOOK VALUE

At 31 December 2024

3,869

59,398

6,892

70,159

At 31 December 2023

5,159

68,289

6,635

80,083

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

VAT

3,802

4,289

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

1,352

Hire purchase contracts

9,134

6,294

Corporation tax

8,624

1,515

Social security and other taxes

45

45

Directors' current accounts

550

3,030

Accrued expenses

1,600

1,550

19,953

13,786

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

17,661

20,783

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

20

Ordinary

£1

20

20