REGISTERED NUMBER: 09124605 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2025

for

Parsons Care Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Mann

REGISTERED OFFICE:

Wyvols Court

Basingstoke Road

Swallowfield

Reading

Berkshire

RG7 1WY

REGISTERED NUMBER:

09124605 (England and Wales)

ACCOUNTANTS:

J & C Accountants Ltd

Wyvols Court

Basingstoke Road

Swallowfield

Reading

Berkshire

RG7 1WY

FIXED ASSETS

Tangible assets

4

284,456

281,540

Investments

5

1,468,908

1,468,908

1,753,364

1,750,448

CURRENT ASSETS

Debtors

6

1,467,086

1,303,765

Cash at bank

2,489

3,984

1,469,575

1,307,749

CREDITORS

Amounts falling due within one year

7

703,043

713,134

NET CURRENT ASSETS

766,532

594,615

TOTAL ASSETS LESS CURRENT LIABILITIES

2,519,896

2,345,063

CREDITORS

Amounts falling due after more than one year

8

2,591,741

2,410,241

NET LIABILITIES

(71,845

)

(65,178

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(71,945

)

(65,278

)

(71,845

)

(65,178

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 November 2025 and were signed by:

S Mann - Director

1.	STATUTORY INFORMATION

Parsons Care Limited is a private company, limited by shares, registered in England & Wales.The company's registered number is 09124605. The registered office address is Wyvols Court, Basingstoke Road, Swallowfield, Reading, RG7 1WY.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured as the fair value of consideration received or receivable, net of discounts, rebates and value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The financial statements have been prepared on a going concern basis. As at the year end, the company had a deficit on the balance sheet of £71,845 ( 2024 £65,178 ). The director has confirmed his willingness to provide support to the company so that it can meet its liabilities when due for at least twelve months from the date of signing these financial statements. The director therefore believes that it is appropriate to prepare the financial statements on a going concern basis.

Based on these assessments and having regard to the resources available to the entity, the director has concluded that there is no material uncertainty and that they can continue to adopt the going concern basis in preparing the annual report and accounts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 July 2024

319,238

Additions

9,490

At 30 June 2025

328,728

DEPRECIATION

At 1 July 2024

37,698

Charge for year

6,574

At 30 June 2025

44,272

NET BOOK VALUE

At 30 June 2025

284,456

At 30 June 2024

281,540

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2024

and 30 June 2025

1,468,908

NET BOOK VALUE

At 30 June 2025

1,468,908

At 30 June 2024

1,468,908

The company owns 100% of the Ordinary Share Capital of Parsons Leisure Limited, a company incorporated in England.

The principal activity of the company is providing conference and banqueting facilities.

The Investment is made up of a £65,666 investment in the shares and a Loan of £1,403,242.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Amounts owed by group undertakings

1,465,014

1,301,693

Other debtors

2,072

2,072

1,467,086

1,303,765

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Taxation and social security

20,316

29,177

Other creditors

682,727

683,957

703,043

713,134

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Other creditors

2,591,741

2,410,241