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Company Registration number: 01018220

Roland Hill (Parsonby) Limited
Annual Report and Unaudited
Financial Statements
for the Year Ended 31 December 2025

Roland Hill (Parsonby) Limited

Contents

Pages

Balance sheet | 1 to 2
Notes to the financial statements | 3 to 9

Roland Hill (Parsonby) Limited

Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 693,169 | 577,592
Investments |  | 130,946 | 130,946
|  | 824,115 | 708,538
Current assets |  |  |
Stocks | 6 | 488,893 | 216,170
Debtors | 7 | 1,578,116 | 1,526,015
Cash at bank and in hand |  | 865,133 | 1,401,799
|  | 2,932,142 | 3,143,984
Creditors: Amounts falling due within one year | 8 | (1,048,542) | (1,144,169)
Net current assets |  | 1,883,600 | 1,999,815
Total assets less current liabilities |  | 2,707,715 | 2,708,353
Creditors: Amounts falling due after more than one year | 8 | (61,414) | (60,545)
Provisions for liabilities |  | (154,018) | (124,848)
Net assets |  | 2,492,283 | 2,522,960
Capital and reserves |  |  |
Called up share capital | 9 | 100,000 | 100,000
Capital redemption reserve |  | 1 | 1
Retained earnings |  | 2,392,282 | 2,422,959
Shareholders' funds |  | 2,492,283 | 2,522,960

Roland Hill (Parsonby) Limited

Balance Sheet as at 31 December 2025 (continued)

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Company registration number: 01018220

Approved and authorised by the Board on 3 June 2026 and signed on its behalf by:

......................................... Mr C R Hill Director

Roland Hill (Parsonby) Limited

Notes to the financial statements for the Year Ended 31 December 2025

1 | GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Brayton Domain
Aspatria
Wigton
CA7 2BD

These financial statements were authorised for issue by the Board on 3 June 2026.

2 | ACCOUNTING POLICIES

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Roland Hill (Parsonby) Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

2 | ACCOUNTING POLICIES (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Actual results may differ from these estimates.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold property | Straight line over the life of the lease

Roland Hill (Parsonby) Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

2 | ACCOUNTING POLICIES (continued)

Plant and machinery | 10% straight line
Fixtures and fittings | 20% reducing balance
Motor vehicles | 15% straight line
Office equipment | 25% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Roland Hill (Parsonby) Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

2 | ACCOUNTING POLICIES (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Recognition and measurement
Basic financial instruments are initially recognised at the transaction price.
Impairment
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3 | STAFF NUMBERS

The average number of persons employed by the company (including directors) during the year, was 45 (2024 - 44).

4 | PROFIT BEFORE TAX

Arrived at after charging/(crediting)

| 2025 £ | 2024 £
Depreciation expense | 120,014 | 111,713
Amortisation of government grants | (604) | (605)

Roland Hill (Parsonby) Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

5 | TANGIBLE ASSETS

| Leasehold property £ | Fixtures and fittings £ | Motor vehicles £ | Office equipment £ | Plant and machinery £ | Total £
Cost or valuation
At 1 January 2025 | 143,410 | 13,231 | 806,823 | 51,933 | 632,505 | 1,647,902
Additions | - | 9,312 | 259,550 | 695 | 7,380 | 276,937
Disposals | - | - | (113,671) | - | (68,907) | (182,578)
At 31 December 2025 | 143,410 | 22,543 | 952,702 | 52,628 | 570,978 | 1,742,261
Depreciation
At 1 January 2025 | 113,533 | 13,034 | 520,042 | 39,801 | 383,901 | 1,070,311
Charge for the year | 5,975 | 1,329 | 73,881 | 3,509 | 35,319 | 120,013
Eliminated on disposal | - | - | (112,736) | - | (28,496) | (141,232)
At 31 December 2025 | 119,508 | 14,363 | 481,187 | 43,310 | 390,724 | 1,049,092
Carrying amount
At 31 December 2025 | 23,902 | 8,180 | 471,515 | 9,318 | 180,254 | 693,169
At 31 December 2024 | 29,877 | 198 | 286,781 | 12,132 | 248,604 | 577,592

Roland Hill (Parsonby) Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

6 | STOCKS

| 2025 £ | 2024 £
Work in progress | 410,133 | 113,698
Stocks | 78,760 | 102,472
| 488,893 | 216,170

7 | DEBTORS

Current | 2025 £ | 2024 £
Trade debtors | 382,273 | 303,466
Other debtors | 1,195,843 | 1,222,549
| 1,578,116 | 1,526,015

8 | CREDITORS

Creditors: amounts falling due within one year

|  | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 50,855 | 35,202
Trade creditors |  | 536,588 | 646,060
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 2,086 | 11,079
Taxation and social security |  | 298,201 | 292,409
Accruals and deferred income |  | 26,783 | 23,941
Other creditors |  | 134,029 | 135,478
|  | 1,048,542 | 1,144,169

Creditors include bank loans and hire purchase contracts which are secured of £50,855 (2024 - £35,202).

Roland Hill (Parsonby) Limited

Notes to the financial statements for the Year Ended 31 December 2025 (continued)

8 | CREDITORS (continued)

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Loans and borrowings | 61,414 | 60,545

Creditors include bank loans and hire purchase contracts which are secured of £61,414 (2024 - £60,545).

9 | SHARE CAPITAL

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 100,000 | 100,000 | 100,000 | 100,000