Registered number
10688599
C & N Parsons Limited
Unaudited Filleted Accounts
31 March 2025

C & N Parsons Limited
Registered number: | 10688599
Balance Sheet
as at 31 March 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 51,687 |  |  | 46,534
Current assets
Stocks |  |  | 12,193 |  |  | 14,463
Debtors | 4 |  | 73,779 |  |  | 30,631
Cash at bank and in hand |  |  | 127,025 |  |  | 147,881
|  |  | 212,997 |  |  | 192,975
Creditors: amounts falling due within one year | 5 |  | (154,009) |  |  | (129,044)
Net current assets |  |  |  | 58,988 |  |  | 63,931
Total assets less current liabilities |  |  |  | 110,675 |  |  | 110,465
Creditors: amounts falling due after more than one year | 6 |  |  | (5,819) |  |  | (11,925)
Provisions for liabilities |  |  |  | (12,224) |  |  | (10,758)
Net assets |  |  |  | 92,632 |  |  | 87,782
Capital and reserves
Called up share capital |  |  |  | 2 |  |  | 2
Profit and loss account |  |  |  | 92,630 |  |  | 87,780
Shareholders' funds |  |  |  | 92,632 |  |  | 87,782
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mrs C Parsons
Director
Approved by the board on 24 October 2025

C & N Parsons Limited
Notes to the Accounts
for the year ended 31 March 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). The financial statements are presented in sterling which the functional currency of the company and are rounded to the nearest £.
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Plant and machinery | 20% straight line
| Fixtures, fittings, tools and equipment | 20% straight line
| Motor vehicles | 20% reducing balance
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Debtors/creditors receivable/payable within one year
| Debtor and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
| Leased assets
| A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
| Pensions
| Contributions to defined contribution plans are expensed in the period to which they relate.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 26 |  | 21
3 | Tangible fixed assets
|  |  |  | Plant and machinery etc |  | Motor vehicles |  | Total
£ | £ | £
| Cost
| At 1 April 2024 | 68,785 |  | 37,812 |  | 106,597
| Additions | 5,844 |  | 37,065 |  | 42,909
| Disposals | - |  | (37,811) |  | (37,811)
| At 31 March 2025 | 74,629 |  | 37,066 |  | 111,695
| Depreciation
| At 1 April 2024 | 43,048 |  | 17,015 |  | 60,063
| Charge for the year | 9,547 |  | 7,413 |  | 16,960
| On disposals | - |  | (17,015) |  | (17,015)
| At 31 March 2025 | 52,595 |  | 7,413 |  | 60,008
| Net book value
| At 31 March 2025 | 22,034 |  | 29,653 |  | 51,687
| At 31 March 2024 | 25,737 |  | 20,797 |  | 46,534
4 | Debtors | 2025 |  | 2024
£ | £
| Other debtors | 73,779 |  | 30,631
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Bank loans and overdrafts | 10,827 |  | 10,574
| Obligations under finance lease and hire purchase contracts | 2,845 |  | -
| Trade creditors | 76,252 |  | 61,297
| Taxation and social security costs | 56,384 |  | 46,496
| Other creditors | 7,701 |  | 10,677
|  |  |  |  |  | 154,009 |  | 129,044
6 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | 1,673 |  | 11,925
| Obligations under finance lease and hire purchase contracts | 4,146 |  | -
|  |  |  |  |  | 5,819 |  | 11,925
7 | Other financial commitments | 2025 |  | 2024
£ | £
| Total future minimum payments under non-cancellable operating leases |  | 206,506 |  | 262,826
8 | Loans to directors
| Description and conditions | B/fwd | Paid | Repaid | C/fwd
£ | £ | £ | £
| Loan is interest free and repayable on demand | 9,456 |  | 42,330 |  | (12,533) |  | 39,253
|  | 9,456 |  | 42,330 |  | (12,533) |  | 39,253
9 | Other information
| C & N Parsons Limited is a private company limited by shares and incorporated in England. Its registered office is:
| 5 Providence Court
| Pynes Hill
| Exeter
| Devon
| EX2 5JL

C & N Parsons Limited 10688599 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 Mrs C Parsons No description of principal activity 10688599 2023-04-01 2024-03-31 10688599 core:WithinOneYear 2024-03-31 10688599 core:AfterOneYear 2024-03-31 10688599 core:ShareCapital 2024-03-31 10688599 core:RetainedEarningsAccumulatedLosses 2024-03-31 10688599 core:AllPeriods 2024-03-31 10688599 2024-04-01 2025-03-31 10688599 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10688599 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10688599 bus:Director40 2024-04-01 2025-03-31 10688599 1 2024-04-01 2025-03-31 10688599 core:PlantMachinery 2024-04-01 2025-03-31 10688599 core:Vehicles 2024-04-01 2025-03-31 10688599 bus:Director1 1 2024-04-01 2025-03-31 10688599 countries:England 2024-04-01 2025-03-31 10688599 bus:FRS102 2024-04-01 2025-03-31 10688599 bus:FilletedAccounts 2024-04-01 2025-03-31 10688599 2025-03-31 10688599 core:WithinOneYear 2025-03-31 10688599 core:AfterOneYear 2025-03-31 10688599 core:ShareCapital 2025-03-31 10688599 core:RetainedEarningsAccumulatedLosses 2025-03-31 10688599 core:PlantMachinery 2025-03-31 10688599 core:Vehicles 2025-03-31 10688599 core:AllPeriods 2025-03-31 10688599 bus:Director1 1 2025-03-31 10688599 2024-03-31 10688599 core:PlantMachinery 2024-03-31 10688599 core:Vehicles 2024-03-31 10688599 bus:Director1 1 2024-03-31 iso4217:GBP xbrli:pure