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Company Registration No. 04637243 (England and Wales)
N.a. Parsons Plastering Ltd Unaudited accounts for the year ended 31 March 2025
N.a. Parsons Plastering Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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N.a. Parsons Plastering Ltd Company Information for the year ended 31 March 2025
Director
Mr Parsons
Company Number
04637243 (England and Wales)
Registered Office
C/O On Target Accounting Ltd 105 Chineway Gardens Ottery St. Mary Devon EX11 1JJ England
Accountants
On Target Accounting Ltd 105 Chineway Gardens Ottery St Mary Devon EX11 1JJ
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N.a. Parsons Plastering Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
15,435
12,525
Current assets
Inventories
700
700
Debtors
5
76,287
108,343
Cash at bank and in hand
194,759
157,605
271,746
266,648
Creditors: amounts falling due within one year
6
(30,844)
(37,649)
Net current assets
240,902
228,999
Total assets less current liabilities
256,337
241,524
Creditors: amounts falling due after more than one year
7
(1,246)
(9,746)
Net assets
255,091
231,778
Capital and reserves
Called up share capital
250
250
Profit and loss account
254,841
231,528
Shareholders' funds
255,091
231,778
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 December 2025 and were signed on its behalf by
Mr Parsons Director Company Registration No. 04637243
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N.a. Parsons Plastering Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
N.a. Parsons Plastering Ltd is a private company, limited by shares, registered in England and Wales, registration number 04637243. The registered office is C/O On Target Accounting Ltd, 105 Chineway Gardens, Ottery St. Mary, Devon, EX11 1JJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
17,501
41,331
120
3,652
62,604
Additions
6,700
-
-
1,523
8,223
At 31 March 2025
24,201
41,331
120
5,175
70,827
Depreciation
At 1 April 2024
14,691
31,666
120
3,602
50,079
Charge for the year
2,378
2,416
-
519
5,313
At 31 March 2025
17,069
34,082
120
4,121
55,392
Net book value
At 31 March 2025
7,132
7,249
-
1,054
15,435
At 31 March 2024
2,810
9,665
-
50
12,525
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N.a. Parsons Plastering Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
-
8,989
Trade debtors
-
1,290
Other debtors
76,287
98,064
76,287
108,343
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
4,088
-
VAT
5,202
-
Obligations under finance leases and hire purchase contracts
413
4,951
Taxes and social security
20,641
31,358
Accruals
500
1,340
30,844
37,649
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,246
9,333
Obligations under finance leases and hire purchase contracts
-
413
1,246
9,746
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Director's Loan
66,938
-
23,373
43,565
66,938
-
23,373
43,565
9
Transactions with related parties
During the year the company was charged £15,000 for rent, relating to office and storage facilities by the director. This included £9,000 rent relating to previous years.
10
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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