Parsons Contracting Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09306208

Parsons Contracting Holdings Limited

Filleted Unaudited Abridged Financial Statements

31 March 2025

Parsons Contracting Holdings Limited

Abridged Financial Statements

Year Ended 31 March 2025

Contents	Pages

Abridged statement of financial position	1 to 2

Notes to the abridged financial statements	3 to 5

Parsons Contracting Holdings Limited

Abridged Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed Assets

Investments - shares in subsidiary undertakings	5	554,732	554,732

Current Assets

Debtors	367,711	135,564
Cash at bank and in hand	434	390,361
	---------	---------
	368,145	525,925

Creditors: amounts falling due within one year	1,450	92,841
	---------	---------
Net Current Assets	366,695	433,084
	---------	---------
Total Assets Less Current Liabilities	921,427	987,816
	---------	---------
Net Assets	921,427	987,816
	---------	---------

Capital and Reserves

Called up share capital	6	2	2
Profit and loss account		921,425	987,814
		---------	---------
Shareholders Funds		921,427	987,816
		---------	---------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Parsons Contracting Holdings Limited

Abridged Statement of Financial Position (continued)

31 March 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Mr W A Levers
Director

Company registration number: 09306208

Parsons Contracting Holdings Limited

Notes to the Abridged Financial Statements

Year Ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 36 Brimington Road, Chesterfield, Derbyshire, S41 7UL.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Consolidation The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group. Income tax Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date. Investments Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 1).

5. Investments - shares in subsidiary undertakings

	£
Cost
At 1 April 2024 and 31 March 2025	2,023,847
	------------
Impairment
At 1 April 2024 and 31 March 2025	1,469,115
	------------
Carrying amount
At 31 March 2025	554,732
	------------
At 31 March 2024	554,732
	------------

6. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary A shares of £ 0.01 each	95	1	143	1
Ordinary B shares of £ 0.01 each	95	1	47	–
	----	----	----	----
	190	2	190	2
	----	----	----	----

7. Director's advances, credits and guarantees

During the year, the company made loans to the director as follows:

	Balance at 1 April 2023	Advanced during the year	Repaid during the year	Balance at 31 March 2024
	£	£	£	£
W A Levers	33,564	164,581	(144,900)	53,245

8. Related party transactions

The company has taken advantage of exemption conferred by FRS 102, removing the requirement to disclose transactions between group companies. During the year the company received loans from entities where we hold a controlling interest. The balance outstanding at 31 March 2025 of £211,566 (2024: £91,640 owed to). Outstanding balances with entities are unsecured, interest free and payable on demand.