IRIS Accounts Production v25.4.12.37 14848481 Board of Directors 1.6.24 31.5.25 31.5.25 0 false true false false true false Fair value model Ordinary 1.00000 10 44000 10 59389 15379 10 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 14848481 2024-05-31 14848481 2025-05-31 14848481 2024-06-01 2025-05-31 14848481 2023-05-04 14848481 2023-05-05 2024-05-31 14848481 2024-05-31 14848481 ns15:EnglandWales 2024-06-01 2025-05-31 14848481 ns14:PoundSterling 2024-06-01 2025-05-31 14848481 ns10:Director1 2024-06-01 2025-05-31 14848481 ns10:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 14848481 ns10:SmallEntities 2024-06-01 2025-05-31 14848481 ns10:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 14848481 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-01 2025-05-31 14848481 ns10:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 14848481 ns10:FullAccounts 2024-06-01 2025-05-31 14848481 ns10:OrdinaryShareClass1 2024-06-01 2025-05-31 14848481 42 ns10:Director2 2024-05-31 14848481 42 ns10:Director2 2024-06-01 2025-05-31 14848481 42 ns10:Director2 2023-05-05 2024-05-31 14848481 42 ns10:Director2 2025-05-31 14848481 42 ns10:Director2 2024-05-31 14848481 ns10:Director2 2024-06-01 2025-05-31 14848481 ns10:RegisteredOffice 2024-06-01 2025-05-31 14848481 ns5:CurrentFinancialInstruments 2025-05-31 14848481 ns5:CurrentFinancialInstruments 2024-05-31 14848481 ns5:Non-currentFinancialInstruments 2025-05-31 14848481 ns5:Non-currentFinancialInstruments 2024-05-31 14848481 ns5:ShareCapital 2025-05-31 14848481 ns5:ShareCapital 2024-05-31 14848481 ns5:RetainedEarningsAccumulatedLosses 2025-05-31 14848481 ns5:RetainedEarningsAccumulatedLosses 2024-05-31 14848481 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-05-31 14848481 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-05-31 14848481 ns5:Secured 2025-05-31 14848481 ns5:Secured 2024-05-31 14848481 ns10:OrdinaryShareClass1 2025-05-31 14848481 ns10:Director1 1 2024-05-31 14848481 ns10:Director1 1 2023-05-04 14848481 ns10:Director1 1 2024-06-01 2025-05-31 14848481 ns10:Director1 1 2023-05-05 2024-05-31 14848481 ns10:Director1 1 2025-05-31 14848481 ns10:Director1 1 2024-05-31

REGISTERED NUMBER: 14848481 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 May 2025 |

| for |

| Parsons Sun Properties Ltd |

Parsons Sun Properties Ltd (Registered number: 14848481)

Contents of the Financial Statements

for the Year Ended 31 May 2025

| Page |

Company information | 1 |

Chartered accountants' report | 2 |

Statement of financial position | 3 |  | to |  | 4

Notes to the financial statements | 5 |  | to |  | 7

Parsons Sun Properties Ltd

Company Information

for the Year Ended 31 May 2025

| Directors: | T B Parsons

| Ms X Sun

| Registered office: | 75 Priors Road

| Whittlesey

| Peterborough

| PE7 1LQ

| Registered number: | 14848481 (England and Wales)

| Accountants: | Moore Thompson

| 27 Market Place

| Market Deeping

| Peterborough

| Cambridgeshire

| PE6 8EA

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Parsons Sun Properties Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Parsons Sun Properties Ltd for the year ended 31 May 2025 which comprise the Income statement, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Parsons Sun Properties Ltd, as a body, in accordance with the terms of our engagement letter dated 3 July 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Parsons Sun Properties Ltd and state those matters that we have agreed to state to the Board of Directors of Parsons Sun Properties Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Parsons Sun Properties Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Parsons Sun Properties Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Parsons Sun Properties Ltd. You consider that Parsons Sun Properties Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Parsons Sun Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

23 December 2025

Parsons Sun Properties Ltd (Registered number: 14848481)

Statement of Financial Position

31 May 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Investment property | 5 | 301,735 |  | - |  |

Current assets

Debtors | 6 | 5,264 |  | 10 |  |

Cash at bank | 1,769 |  | - |  |

7,033 |  | 10 |  |

Creditors

Amounts falling due within one year | 7 | 40,107 |  | - |  |

Net current (liabilities)/assets | (33,074 | ) | 10 |  |

Total assets less current liabilities | 268,661 |  | 10 |  |

Creditors

Amounts falling due after more than one year | 8 | (265,464 | ) | - |  |

Accruals and deferred income | (2,010 | ) | - |  |

Net assets | 1,187 |  | 10 |  |

Capital and reserves

Called up share capital | 10 | 10 |  | 10 |  |

Retained earnings | 1,177 |  | - |  |

Shareholders' funds | 1,187 |  | 10 |  |

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

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

The directors acknowledge their 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.

Parsons Sun Properties Ltd (Registered number: 14848481)

Statement of Financial Position - continued

31 May 2025

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 Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

T B Parsons - Director

Parsons Sun Properties Ltd (Registered number: 14848481)

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | Statutory information

| Parsons Sun Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Investment property

| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

| 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.

4. | Employees and directors

| The average number of employees during the year was 2 (2024 - NIL ) .

Parsons Sun Properties Ltd (Registered number: 14848481)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

5. | Investment property

| Total

£ |

| Fair value

| Additions | 301,735 |  |

| At 31 May 2025 | 301,735 |  |

| Net book value

| At 31 May 2025 | 301,735 |  |

6. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Trade debtors | 5,015 |  | - |  |

| Other debtors | 249 |  | 10 |  |

5,264 |  | 10 |  |

7. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 8,665 |  | - |  |

| Amounts owed to group undertakings | 15,139 |  | - |  |

| Taxation and social security | 924 |  | - |  |

| Other creditors | 15,379 |  | - |  |

40,107 |  | - |  |

8. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

£ | £ |

| Bank loans | 203,071 |  | - |  |

| Amounts owed to group undertakings | 62,393 |  | - |  |

265,464 |  | - |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans | 165,602 |  | - |  |

9. | Secured debts

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 211,736 |  | - |  |

Parsons Sun Properties Ltd (Registered number: 14848481)

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

10. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 10 | Ordinary | 1 | 10 |  | 10 |  |

11. | Directors' advances, credits and guarantees

| The following advances and credits to directors subsisted during the year ended 31 May 2025 and the period ended 31 May 2024:

2025 | 2024 |

£ | £ |

| T B Parsons and Ms X Sun

| Balance outstanding at start of year | 10 |  | - |  |

| Amounts advanced | 44,000 |  | 10 |  |

| Amounts repaid | (59,389 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (15,379 | ) | 10 |  |

12. | Related party disclosures

| As at 31 May 2025 the company owed related parties a balance of £77,531.44 (2024: Nil).

| Interest of 8.5% pa is charged on the balance.