Company registration number: 15049256
Annual report and unaudited financial statements
for the year ended 31 August 2025
for
Parsons Mechanical Ltd
Pages for filing with the Registrar
Company registration number: 15049256
Parsons Mechanical Ltd
Balance sheet
as at 31 August 2025
31 Aug 25 31 Aug 24
Note £ £ £ £
Fixed assets
Tangible assets 4 221 331
221 331
Current assets
Debtors 297 29
Cash at bank and in hand 736 4,926
1,033 4,955
Creditors: amounts falling due within one
year 		(1,614) (4,110)
Net current (liabilities)/assets (581) 845
Total assets less current liabilities (360) 1,176
Provisions for liabilities - (63)
NET (LIABILITIES)/ASSETS (360) 1,113
Capital and reserves
Called up share capital 2 2
Profit and loss account (362) 1,111
TOTAL EQUITY (360) 1,113
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 15049256
Parsons Mechanical Ltd
Balance sheet - continued
as at 31 August 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr R Parsons, Director
28 May 2026
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Parsons Mechanical Ltd
Notes to the financial statements
for the year ended 31 August 2025
1 Company information
Parsons Mechanical Ltd is a private company registered in England and Wales. Its registered number is 15049256. The company is limited by shares. Its registered office is F2 East Court, Enterprise Road, Maidstone, Kent, ME15 6JF.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Changes in accounting policies
As of 31 August 2025, professional certifications of £553 have been reclassified in the profit and loss account as administrative costs, on the basis that this would present a fairer gross profit margin. The costs were previously classified as direct costs. This change in presentation has been applied retrospectively and as such, the profit and loss account has been restated for the year ended 31 August 2025. There has been no impact on the profit and loss reserves brought forward as of 1 September 2024.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Computer Equipment - 25% straight line
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Parsons Mechanical Ltd
Notes to the financial statements - continued
for the year ended 31 August 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 2).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 September 2024 441
At 31 August 2025 441
Depreciation
At 1 September 2024 110
Charge for year 110
At 31 August 2025 220
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Parsons Mechanical Ltd
Notes to the financial statements - continued
for the year ended 31 August 2025
4 Tangible fixed assets - continued
Net book value
At 31 August 2025 221
At 31 August 2024 331
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