Company Registration No. 09253934 (England and Wales)
MORRIS PARKER PROPERTY REFURBISHMENT LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
MORRIS PARKER PROPERTY REFURBISHMENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
MORRIS PARKER PROPERTY REFURBISHMENT LIMITED
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
-
0
-
0
Tangible assets
4
13,324
14,239
Current assets
Stocks
6,500
39,224
Debtors
5
124
3,191
Cash at bank and in hand
99,306
81,385
105,930
123,800
Creditors: amounts falling due within one year
6
(119,455)
(98,518)
Net current (liabilities)/assets
(13,525)
25,282
Net (liabilities)/assets
(201)
39,521
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(301)
39,421
Total equity
(201)
39,521

For the financial year ended 31 October 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 year in question in accordance with section 476.

The director acknowledges his 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 director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 24 July 2026
Mr L J W Davidson
Director
Company registration number 09253934 (England and Wales)
MORRIS PARKER PROPERTY REFURBISHMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 2 -
1
Accounting policies
Company information

Morris Parker Property Refurbishment Limited is a private company limited by shares incorporated in England and Wales. The registered office is 227A West Street, Fareham, Hants, PO16 0HZ.

1.1
Accounting convention

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.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.3
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 5 years.

For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

MORRIS PARKER PROPERTY REFURBISHMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 3 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% reducing balance basis
Motor vehicles
25% reducing balance basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

MORRIS PARKER PROPERTY REFURBISHMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 4 -
2
Employees

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

2025
2024
Number
Number
Total
2
2
3
Intangible fixed assets
Goodwill
£
Cost
At 1 November 2024 and 31 October 2025
10,900
Amortisation and impairment
At 1 November 2024 and 31 October 2025
10,900
Carrying amount
At 31 October 2025
-
0
At 31 October 2024
-
0
4
Tangible fixed assets
Plant and equipment
Motor vehicles
Total
£
£
£
Cost
At 1 November 2024 and 31 October 2025
3,133
19,975
23,108
Depreciation and impairment
At 1 November 2024
2,774
6,095
8,869
Depreciation charged in the year
90
825
915
At 31 October 2025
2,864
6,920
9,784
Carrying amount
At 31 October 2025
269
13,055
13,324
At 31 October 2024
359
13,880
14,239
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
124
3,191
MORRIS PARKER PROPERTY REFURBISHMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
23,200
4,389
Corporation tax
189
9,317
Other taxation and social security
50,416
39,650
Other creditors
45,650
45,162
119,455
98,518
2025-10-31 2024-11-01 false false false 24 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr L Davidson 09253934 2024-11-01 2025-10-31 09253934 2025-10-31 09253934 2024-10-31 09253934 core:NetGoodwill 2025-10-31 09253934 core:NetGoodwill 2024-10-31 09253934 core:PlantMachinery 2025-10-31 09253934 core:MotorVehicles 2025-10-31 09253934 core:PlantMachinery 2024-10-31 09253934 core:MotorVehicles 2024-10-31 09253934 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 09253934 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 09253934 core:CurrentFinancialInstruments 2025-10-31 09253934 core:CurrentFinancialInstruments 2024-10-31 09253934 core:ShareCapital 2025-10-31 09253934 core:ShareCapital 2024-10-31 09253934 core:RetainedEarningsAccumulatedLosses 2025-10-31 09253934 core:RetainedEarningsAccumulatedLosses 2024-10-31 09253934 bus:Director1 2024-11-01 2025-10-31 09253934 core:Goodwill 2024-11-01 2025-10-31 09253934 core:PlantMachinery 2024-11-01 2025-10-31 09253934 core:MotorVehicles 2024-11-01 2025-10-31 09253934 2023-11-01 2024-10-31 09253934 core:NetGoodwill 2024-10-31 09253934 core:PlantMachinery 2024-10-31 09253934 core:MotorVehicles 2024-10-31 09253934 2024-10-31 09253934 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09253934 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 09253934 bus:FRS102 2024-11-01 2025-10-31 09253934 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 09253934 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP