Registration number: 03750079

G Parish Engineering Limited
(Registration number: 03750079)

Contents

Company Information	1
Balance Sheet	2 to 3
Statement of Changes in Equity	4
Notes to the Unaudited Financial Statements	5 to 10

G Parish Engineering Limited
(Registration number: 03750079)

Company Information

Directors

Mr G Parish Mrs S E B Parish

Company secretary

Mrs S E B Parish

Registered office

Crossways Sudbury Road Cockfield Bury St Edmunds Suffolk IP30 0LN

Registered number

03750079

Accountants

Evolve Tax & Accountancy LLP Chartered Certified AccountantsBaythorne Hall Baythorne End Halstead Essex CO9 4AH

G Parish Engineering Limited
(Registration number: 03750079)

Balance Sheet as at 30 April 2025

	Note	2025 £	2024 £
Fixed Assets
Tangible Assets	4	401,747	3,088,879
Current assets
Stocks	5	179,587	296,907
Debtors	6	552,650	230,692
Cash at bank and in hand		397,036	279,125
		1,129,273	806,724
Creditors: Amounts falling due within one year	7	(404,410)	(383,751)
Net current assets		724,863	422,973
Total assets less current liabilities		1,126,610	3,511,852
Creditors: Amounts falling due after more than one year	7	(30,000)	-
Provisions for liabilities		(52,350)	(277,122)
Net assets		1,044,260	3,234,730
Capital and Reserves
Called up share capital	8	2	2
Revaluation reserve		64,420	745,481
Retained Earnings		979,838	2,489,247
Shareholders' funds		1,044,260	3,234,730

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

G Parish Engineering Limited
(Registration number: 03750079)

Balance Sheet as at 30 April 2025

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 December 2025 and signed on its behalf by:
 

......................................... Mr G Parish Director

G Parish Engineering Limited
(Registration number: 03750079)

Statement of Changes in Equity for the Year Ended 30 April 2025

	Share capital £	Revaluation reserve £	Retained Earnings £	Total £
At 1 May 2024	2	745,481	2,489,247	3,234,730
Profit for the year	-	-	363,522	363,522
Other comprehensive income	-	(681,061)	(1,822,931)	(2,503,992)
Total comprehensive income	-	(681,061)	(1,459,409)	(2,140,470)
Dividends	-	-	(50,000)	(50,000)
At 30 April 2025	2	64,420	979,838	1,044,260

	Share capital £	Revaluation reserve £	Retained Earnings £	Total £
At 1 May 2023	2	800,425	2,244,886	3,045,313
Profit for the year	-	-	244,361	244,361
Other comprehensive income	-	(54,944)	-	(54,944)
Total comprehensive income	-	(54,944)	244,361	189,417
At 30 April 2024	2	745,481	2,489,247	3,234,730

G Parish Engineering Limited
(Registration number: 03750079)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1	General information

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

The address of its registered office is:
Crossways
Sudbury Road
Cockfield
Bury St Edmunds
Suffolk
IP30 0LN

These financial statements were authorised for issue by the Board on 10 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 and deferred 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.

G Parish Engineering Limited
(Registration number: 03750079)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

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
Freehold buildings	At cost or valuation
Plant and machinery	20% reducing balance
Office equipment	25% reducing balance
Motor vehicles	25% reducing balance

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.

G Parish Engineering Limited
(Registration number: 03750079)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

G Parish Engineering Limited
(Registration number: 03750079)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 13 (2024 - 14).

4	Tangible Assets

	Land and buildings £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 May 2024	2,931,013	88,915	583,782	3,603,710
Additions	-	34,000	64,146	98,146
Disposals	(2,731,013)	-	-	(2,731,013)
At 30 April 2025	200,000	122,915	647,928	970,843
Depreciation
At 1 May 2024	-	62,963	451,868	514,831
Charge for the year	-	14,989	39,276	54,265
At 30 April 2025	-	77,952	491,144	569,096
Carrying amount
At 30 April 2025	200,000	44,963	156,784	401,747
At 30 April 2024	2,931,013	25,952	131,914	3,088,879

Included within the net book value of land and buildings above is £200,000 (2024 - £2,931,013) in respect of freehold land and buildings.
 

G Parish Engineering Limited
(Registration number: 03750079)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

5

Stocks

	2025 £	2024 £
Raw materials and consumables	15,981	11,156
Work in progress	163,606	285,751
	179,587	296,907

6

Debtors