Company registration number 15806510 (England and Wales)
PARNHAM HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
PARNHAM HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
PARNHAM HOLDINGS LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2025
31 August 2025
- 1 -
2025
Notes
£
£
Fixed assets
Investments
4
1,000,000
Current assets
-
Creditors: amounts falling due within one year
5
(71,396)
Net current liabilities
(71,396)
Total assets less current liabilities
928,604
Creditors: amounts falling due after more than one year
6
(229,207)
Net assets
699,397
Capital and reserves
Called up share capital
52
Share premium account
499,948
Profit and loss reserves
199,397
Total equity
699,397

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

T he members have not required the company to obtain an audit of its financial statements for the period 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 financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 24 March 2026 and are signed on its behalf by:
Mr J L Parnham
Director
Company registration number 15806510 (England and Wales)
PARNHAM HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information

Parnham Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite 2 Healey House, Dene Road, Andover, Hampshire, United Kingdom, SP10 2AA.

1.1
Reporting period

These financial statements cover the period from 27 June 2024 to 3 1 August 2025, a period of 14 months and 4 days. This is the company’s first accounting period, and therefore no comparative figures are presented.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.3
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

PARNHAM HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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 company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

PARNHAM HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
2
Judgements and key sources of estimation uncertainty
(Continued)
- 4 -
Key sources of estimation uncertainty

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are as follows.

Present value of loan liability

The interest-free loan included in the balance sheet is measured at the present value of the contractual repayment amount.

In determining the carrying value, management has estimated an appropriate market rate of interest for a comparable loan, taking into account the company’s credit risk and the term of the loan.

There is estimation uncertainty in determining the appropriate discount rate. A reasonably possible change in this rate would result in a material change to the carrying value of the loan and the finance costs recognised over its remaining term.

3
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
0
4
Fixed asset investments
2025
£
Shares in group undertakings and participating interests
1,000,000
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 27 June 2024
-
Additions
1,000,000
At 31 August 2025
1,000,000
Carrying amount
At 31 August 2025
1,000,000
5
Creditors: amounts falling due within one year
2025
£
Other creditors
71,396
PARNHAM HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 AUGUST 2025
- 5 -
6
Creditors: amounts falling due after more than one year
2025
£
Other creditors
229,207

An u n secured, non-interest-bearing loan of £298,803 remain s outstanding at the year end, repayable by monthly instalments to 20 29. £69,596 is due within one year and £229,207 after more than one year. The loan is payable to the former shareholders of the subsidiary and has been discounted to the present value of future cash flows.

2025-08-31 2024-06-27 false false false 24 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr J Parnham Mrs K J Parnham 15806510 2024-06-27 2025-08-31 15806510 2025-08-31 15806510 core:WithinOneYear 2025-08-31 15806510 core:AfterOneYear 2025-08-31 15806510 core:ShareCapital 2025-08-31 15806510 core:SharePremium 2025-08-31 15806510 core:RetainedEarningsAccumulatedLosses 2025-08-31 15806510 bus:Director1 2024-06-27 2025-08-31 15806510 core:CurrentFinancialInstruments 2025-08-31 15806510 core:Non-currentFinancialInstruments 2025-08-31 15806510 bus:PrivateLimitedCompanyLtd 2024-06-27 2025-08-31 15806510 bus:SmallCompaniesRegimeForAccounts 2024-06-27 2025-08-31 15806510 bus:FRS102 2024-06-27 2025-08-31 15806510 bus:AuditExempt-NoAccountantsReport 2024-06-27 2025-08-31 15806510 bus:Director2 2024-06-27 2025-08-31 15806510 bus:FullAccounts 2024-06-27 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP