PARCHMENT DEVELOPMENTS LTD

PARCHMENT DEVELOPMENTS LTD
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

PARCHMENT DEVELOPMENTS LTD Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Brumijan Ltd t/a all about accounting 31 March 2025 .................................................... Brumijan Ltd t/a all about accounting West Gate Lodge Cams Hall Estate Fareham PO16 8UP 08 December 2025 1

PARCHMENT DEVELOPMENTS LTD
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Brumijan Ltd t/a all about accounting
31 March 2025

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

Brumijan Ltd t/a all about accounting
West Gate Lodge
Cams Hall Estate
Fareham
PO16 8UP
08 December 2025

1

Registered Number: 14697363 PARCHMENT DEVELOPMENTS LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	575,418	574,206
		575,418	574,206
Current assets
Debtors		120	120
Cash at bank and in hand		370	2,077
		490	2,197
Creditors: amount falling due within one year		(582,270)	(578,520)
Net current assets		(581,780)	(576,323)

Total assets less current liabilities		(6,362)	(2,117)
Net assets		(6,362)	(2,117)

Capital and reserves
Called up share capital	4	120	120
Profit and loss account		(6,482)	(2,237)
Shareholders' funds		(6,362)	(2,117)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 08 December 2025 and were signed on its behalf by:

-------------------------------
Paul Clark
Director

2

PARCHMENT DEVELOPMENTS LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

PARCHMENT DEVELOPMENTS LTD is a private company, limited by shares, registered in , registration number 14697363, registration address West Gate Lodge, Cams Hall Estate, Fareham, Hampshire, PO16 8UP.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 April 2024	574,206	574,206
Additions	1,212	1,212
Disposals	-	-
At 31 March 2025	575,418	575,418
Depreciation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
Closing balance as at 31 March 2025	575,418	575,418
Opening balance as at 01 April 2024	574,206	574,206

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
120 Class A shares of £1.00 each	120		120
	120		120

3

Registered Number: 14697363

Abridged Accounts

for the year ended 31 March 2025
for
PARCHMENT DEVELOPMENTS LTD