PARSONS PROPERTY MANAGEMENT LIMITED
Company Registration Number: 07270427
Report and Unaudited Abridged Financial Statements
For the year ended 31 May 2026
PARSONS PROPERTY MANAGEMENT LIMITED
Company Registration Number: 07270427
Report and Unaudited Abridged Financial Statements
For the year ended 31 May 2026
ContentsPage
PARSONS PROPERTY MANAGEMENT LIMITED
Company Registration Number: 07270427
Company Information
Directors'
Mr Ashley James Parsons
Mr Hugh Anthony Parsons
Accountant or Auditor details
Edney Bookkeeping & Accountancy Services
20 Ivory Road
Bridgwater
Bridgwater
TA6 6XG
Registered office
Banwell Castle
Castlehill
Banwell
Somerset
BS29 6NX
Registered number
07270427
Country of formation or incorporation
United Kingdom
Principal Activities
The principal activities of the company are those of letting of owned or leased property.
PARSONS PROPERTY MANAGEMENT LIMITED
Company Registration Number: 07270427
Income Statement
For the year ended 31 May 2026
20262025
££
Gross Profit/(Loss) 47,45417,032
Administrative expenses24,76461,753
Operating Profit/(Loss) 22,690(44,721)
Profit/(Loss) on ordinary activities before taxation 22,690(44,721)
Profit/(Loss) for the financial year after taxation22,690(44,721)
Profit for the financial period, retained and transferred to reserve 22,690(44,721)
PARSONS PROPERTY MANAGEMENT LIMITED
Company Registration Number: 07270427
Statement of Financial Position
As at 31 May 2026
20262025
££
Tangible fixed assets405,000405,000
Total fixed assets 405,000405,000
Cash at bank and in hand31,0375,762
Total current assets 31,0375,762
Creditors - amounts falling due within one year(453,489)(450,904)
Net current assets (422,452)(445,142)
Total assets less current liabilities (17,452)(40,142)
Net assets (17,452)(40,142)
Called-up share capital300300
Profit and Loss account(17,752)(40,442)
Total shareholders funds (17,452)(40,142)
For the year ending 31 May 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
On behalf of the board :
This report was approved and signed on behalf of the Board on:01 July 2026
Name : Mr Ashley James Parsons
Status : Director
PARSONS PROPERTY MANAGEMENT LIMITED
Company Registration Number: 07270427
Notes
For the year ended 31 May 2026
1. General Information
PARSONS PROPERTY MANAGEMENT LIMITED is a Private Limited Company, Limited By shares, registered in United Kingdom, registration number 07270427 
Banwell Castle  
Castlehill  
Banwell  
Somerset  
BS29 6NX
2. Statement of Compliance
FRS 102 - These financial statements have been prepared in compliance with FRS 102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
3. Accounting policies
Basis of preparation 
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
Presentation currency 
The financial statements are prepared in sterling which is the functional currency of the company.
20262025
£
4. Employees
Wages and salaries2,0900
Pension costs2500
Total staff costs2,3400
Average number of employees including directors during the period
22
5. Tangible fixed assets
Land and buildingsPlant and MachineryFurniture and fittingsOffice EquipmentMotor VehiclesTotal
Cost££££££
At 01 Jun 2025405,0000000405,000
Additions000000
Disposals000000
At 31 May 2026405,0000000405,000
Depreciation   
At 01 Jun 2025000000
Charge for year000000
Disposals000000
At 31 May 2026000000
Net book value   
At 31 May 2026405,0000000405,000
At 31 May 2025405,0000000405,000
Land and buildings are not depreciated