Registration number: 11104127

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 8

Company Information

Director

Mr Gregory Kenneth Parry

Registered office

237 Victoria Road St Budeaux PLYMOUTH Devon, United Kingdom Devon United Kingdom PL5 2DQ

Accountants

Abacus Business Management Limited 21 Castlewood Avenue Highweek NEWTON ABBOT Devon TQ12 1NX

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
G Parry Consulting Ltd
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of G Parry Consulting Ltd for the year ended 31 March 2025 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

Although not a member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), wherever possible we have carried out this engagement in accordance with its ethical and other professional requirements.

This report is made solely to the Board of Directors of G Parry Consulting Ltd, as a body, in accordance with the terms of our engagement letter dated 1 April 2019. Our work has been undertaken solely to prepare for your approval the accounts of G Parry Consulting Ltd and state those matters that we have agreed to state to the Board of Directors of G Parry Consulting Ltd, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than G Parry Consulting Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that G Parry Consulting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of G Parry Consulting Ltd. You consider that G Parry Consulting Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of G Parry Consulting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Abacus Business Management Limited
21 Castlewood Avenue
Highweek
NEWTON ABBOT
Devon
TQ12 1NX

7 December 2025

(Registration number: 11104127)
Balance Sheet as at 31 March 2025

	Note	2025 £	(As restated) 2024 £
Fixed assets
Tangible assets	5	2,412	2,942
Current assets
Debtors	6	7,035	14,806
Cash at bank and in hand		42,070	24,225
		49,105	39,031
Creditors: Amounts falling due within one year	7	(31,571)	(38,480)
Net current assets		17,534	551
Net assets		19,946	3,493
Capital and reserves
Called up share capital	8	2	2
Retained earnings		19,944	3,491
Shareholders' funds		19,946	3,493

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 December 2025
 

......................................... Mr Gregory Kenneth Parry Director

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
237 Victoria Road
St Budeaux
PLYMOUTH
Devon, United Kingdom
Devon
PL5 2DQ
United Kingdom

These financial statements were authorised for issue by the director on 7 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	18% on written down value

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	33.3% on straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 April 2024	12,600	12,600
At 31 March 2025	12,600	12,600
Amortisation
At 1 April 2024	12,600	12,600
At 31 March 2025	12,600	12,600
Carrying amount
At 31 March 2025	-	-

5	Tangible assets

	Office equipment  £	Total £
Cost or valuation
At 1 April 2024	5,433	5,433
At 31 March 2025	5,433	5,433
Depreciation
At 1 April 2024	2,491	2,491
Charge for the year	530	530
At 31 March 2025	3,021	3,021
Carrying amount
At 31 March 2025	2,412	2,412
At 31 March 2024	2,942	2,942

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	4,308	12,120
Prepayments	2,709	2,686
Other debtors	18	-
	7,035	14,806

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Amounts due to related parties	21,472	25,397
Taxation and social security	9,268	12,321
Accruals and deferred income	2	2
Other creditors	829	760
	31,571	38,480

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary GBP1 of £1 each	2	2	2	2

9

Dividends

		2025		2024
		£		£
Final dividend of £500.00 (2024 - £1,000.00) per ordinary share		1,000		2,000
Interim dividend of £10,000.00 (2024 - £9,770.00) per ordinary share		20,000		19,540
		21,000		21,540

The director is recommending a final dividend of £7,500.00 (2024 - £500.00) per share totalling £15,000.00 (2024 - £1,000.00). This dividend has not been accrued in the balance sheet.

10	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	12,570	9,120