| REGISTERED NUMBER: |
| John Parker International Limited |
| Financial Statements for the Year Ended 28th February 2025 |
| REGISTERED NUMBER: |
| John Parker International Limited |
| Financial Statements for the Year Ended 28th February 2025 |
| John Parker International Limited (Registered number: 02351241) |
| Contents of the Financial Statements |
| for the Year Ended 28th February 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| John Parker International Limited |
| Company Information |
| for the Year Ended 28th February 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| The Engine House |
| 77 Station Road |
| Petersfield |
| Hampshire |
| GU32 3FQ |
| BANKERS: |
| Bridle Road |
| Bootle |
| L30 4GB |
| John Parker International Limited (Registered number: 02351241) |
| Balance Sheet |
| 28th February 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| John Parker International Limited (Registered number: 02351241) |
| Balance Sheet - continued |
| 28th February 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
| John Parker International Limited (Registered number: 02351241) |
| Notes to the Financial Statements |
| for the Year Ended 28th February 2025 |
| 1. | STATUTORY INFORMATION |
| John Parker International Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents net invoiced sales of services and related expenses, excluding value added tax. Fees for sales of services are recognised on the date that the service is performed. Recharged expenses are recognised at the point the expenditure is incurred. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
| John Parker International Limited (Registered number: 02351241) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| John Parker International Limited (Registered number: 02351241) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 1st March 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 28th February 2025 |
| DEPRECIATION |
| At 1st March 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 28th February 2025 |
| NET BOOK VALUE |
| At 28th February 2025 |
| At 29th February 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| John Parker International Limited (Registered number: 02351241) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans | 92,181 | 300,968 |
| Hire purchase | 96,212 | - |
| 188,393 | 300,968 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Hire purchase contracts | 517,851 | 132,136 |
| Bank loans | 854,012 | 718,909 |
| The bank overdraft and bank loans are secured by a fixed and floating charge on the freehold property and all company assets both present and future. |
| 9. | CAPITAL COMMITMENTS |
| 2025 | 2024 |
| £ | £ |
| Contracted but not provided for in the |
| financial statements |
| John Parker International Limited (Registered number: 02351241) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28th February 2025 |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the years ended 28th February 2025 and 29th February 2024: |
| 2025 | 2024 |
| £ | £ |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| Balance outstanding at start of year |
| Amounts advanced |
| Amounts repaid |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of year |
| Advances are unsecured, subject to the official rate of interest and repayable on demand. |