Parker SC Limited 31/05/2025 iXBRL

Company registration number: 13405056

Parker SC Limited

Unaudited filleted financial statements

31 May 2025

Parker SC Limited

Contents

Balance sheet

Notes to the financial statements

Parker SC Limited

Balance sheet

31 May 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	126,182		68,443
		_______		_______
			126,182		68,443

Current assets
Debtors	6	346,482		117,184
Cash at bank and in hand		14,504		179,788
		_______		_______
		360,986		296,972
Creditors: amounts falling due
within one year	7	( 146,033)		( 91,838)
		_______		_______
Net current assets			214,953		205,134
			_______		_______
Total assets less current liabilities			341,135		273,577


Provisions for liabilities	8		( 23,150)		( 16,538)

			_______		_______
Net assets			317,985		257,039
			_______		_______

Capital and reserves
Called up share capital	10		10		10
Profit and loss account			317,975		257,029
			_______		_______
Shareholders funds			317,985		257,039
			_______		_______

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 30 October 2025 , and are signed on behalf of the board by:

N A Raw

Director

Company registration number: 13405056

Parker SC Limited

Notes to the financial statements

Year ended 31 May 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is Suite 12, Suite 12, Evolution Business Centre, Darlington Road, Northallerton, DL6 2NQ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

The rendering of services for the company consists of the residency and care of individuals at the homes. Revenue from the rendering of this service is recognised by reference to the time which this service occurs.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	10 %	straight line
Fittings fixtures and equipment	-	20 %	straight line
Motor vehicles	-	25 %	reducing balance
Horses	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the Balance sheet and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 25 (2024: 17 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Horses	Total
	£	£	£	£	£
Cost
At 1 June 2024	38,420	20,524	17,419	2,750	79,113
Additions	31,686	5,313	27,895	11,000	75,894
	_______	_______	_______	_______	_______
At 31 May 2025	70,106	25,837	45,314	13,750	155,007
	_______	_______	_______	_______	_______
Depreciation
At 1 June 2024	4,043	5,443	726	458	10,670
Charge for the year	5,568	4,591	5,413	2,583	18,155
	_______	_______	_______	_______	_______
At 31 May 2025	9,611	10,034	6,139	3,041	28,825
	_______	_______	_______	_______	_______
Carrying amount
At 31 May 2025	60,495	15,803	39,175	10,709	126,182
	_______	_______	_______	_______	_______
At 31 May 2024	34,377	15,081	16,693	2,292	68,443
	_______	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	116,270	117,184
Other debtors	230,212	-
	_______	_______
	346,482	117,184
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	12,038	2,807
Corporation tax	82,428	74,086
Social security and other taxes	17,112	9,742
Other creditors	34,455	5,203
	_______	_______
	146,033	91,838
	_______	_______

8. Provisions

	Deferred tax (note 9)	Total
	£	£
At 1 June 2024	16,538	16,538
Additions	6,612	6,612
	_______	_______
At 31 May 2025	23,150	23,150
	_______	_______

9. Deferred tax

The deferred tax included in the Balance sheet is as follows:

	2025	2024
	£	£
Included in provisions (note 8)	23,150	16,538
	_______	_______

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	23,150	16,538
	_______	_______

10. Called up share capital

Authorised share capital

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	10	10	10	10
	_______	_______	_______	_______

Issued, called up and fully paid

	2025		2024
	No	£	No	£
Ordinary shares of £ 1.00 each	10	10	10	10
	_______	_______	_______	_______

11. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	N A Raw	( 213)	155,000	( 35,000)	119,787
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	N A Raw	( 213)	-	-	( 213)
		_______	_______	_______	_______