REGISTERED NUMBER: 04389415 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

PARKERS OF REIGATE LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

2

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

3,499

5,151

3,499

5,151

CURRENT ASSETS

Debtors

7

325,162

455,847

Cash at bank

120,376

139,687

445,538

595,534

CREDITORS

Amounts falling due within one year

8

355,817

422,328

NET CURRENT ASSETS

89,721

173,206

TOTAL ASSETS LESS CURRENT LIABILITIES

93,220

178,357

CAPITAL AND RESERVES

Called up share capital

10

90

90

Retained earnings

93,130

178,267

SHAREHOLDERS' FUNDS

93,220

178,357

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 January 2026 and were signed by:

Mrs E M Leeson - Director

1.	STATUTORY INFORMATION

Parkers of Reigate Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04389415

Registered office:

Chancery House

3 Hatchlands Road

Redhill

RH1 6AA

The presentation currency of the financial statements is the Pound Sterling (£).

All amounts in the financial statements have been rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The directors have considered the company's financial requirements for the forthcoming year and based upon that assessment they expect the company to have sufficient cash reserves to meet those requirements and they continue to adopt the going concern basis of accounting in preparing the annual financial statements.

Significant judgements and estimates

In preparing these financial statements, the directors have made the following judgements:

- Determine whether leases entered into by the entity either as a lessor or a lessee are operating lease or finance leases. These decisions depend on an assessment of whether the risks and rewards of ownership have been transferred from the lessor to the lessee on a lease by lease basis.

- Determine whether there are indicators of impairment of the entity's tangible assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.

Other key sources of estimation uncertainty

Tangible fixed assets

Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.

Turnover and revenue recognition

Turnover represents net invoiced sales of services, excluding value added tax. Revenue is recognised when the company fulfils its contractual obligations to customers by supplying services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of business in 2009, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings etc - 20% on reducing balance, 33% on straight line and 25% on straight line

Plant and machinery - 15% on reducing balance

Financial instruments

Basic financial assets, which include trade debtors, other debtors and cash and bank balances, are initially measured at the transaction price including transaction costs and are subsequently recognised at amortised cost.

Basic financial liabilities, including trade creditors and other creditors, are initially recognised at transaction price and are subsequently recognised at amortised cost.

The company has no financial assets or financial liabilities measured at fair value.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Rentals received under operating leases are credited to the profit and loss account on a straight line basis over the period of the lease.

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.

Factoring

Where debts are factored, the gross amount of the debt is included within the company's sales ledger, with advances secured under the factoring arrangement shown by way of a liability.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 8 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

142,225

AMORTISATION

At 1 August 2024

and 31 July 2025

142,225

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

18,698

Additions

431

Disposals

(2,020

)

At 31 July 2025

17,109

DEPRECIATION

At 1 August 2024

13,547

Charge for year

2,083

Eliminated on disposal

(2,020

)

At 31 July 2025

13,610

NET BOOK VALUE

At 31 July 2025

3,499

At 31 July 2024

5,151

7.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

527

12,392

Amounts owed by group undertakings

136,576

152,134

Other debtors

188,059

250,197

325,162

414,723

Amounts falling due after more than one year:

Other debtors

-

41,124

Aggregate amounts

325,162

455,847

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

129,887

148,431

Taxation and social security

197,171

233,539

Other creditors

28,759

40,358

355,817

422,328

9.	LEASING AGREEMENTS

At the balance sheet date the company had total commitments under non-cancellable operating leases over the remaining life of those lease of £7,788 (2024: £5,055).

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

180

Ordinary

50p

90

90

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company advanced £nil (2024: £50,000) in total to the director, and £48,000 (2024: £940) in total was repaid by the director. Interest totalling £2,437 (2024: £1,043) was charged on these loans.

At the balance sheet date the company was owed £4,539 (2024: £50,103) in total by the director.

12.	ULTIMATE PARENT AND PARENT UNDERTAKING

Parkers of Reigate Holdings Limited, a company registered in England and Wales, is regarded by the director as being the company's parent and ultimate parent company. The registered office of Parkers of Reigate Holdings Limited is at Chancery House, 3 Hatchlands Road, Redhill, Surrey RH1 6AA.