REGISTERED NUMBER: 02608091 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026

FOR

PARKER HOSE & FITTINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Leonard

L Leonard

SECRETARY:

L Leonard

REGISTERED OFFICE:

Fisher Street

Walker

Newcastle Upon Tyne

Tyne and Wear

NE6 4LT

REGISTERED NUMBER:

02608091 (England and Wales)

ACCOUNTANTS:

Blaeford Gordon & Company Ltd

101 Galgate

Barnard Castle

Co. Durham

DL12 8ES

FIXED ASSETS

Tangible assets

4

425,375

423,374

CURRENT ASSETS

Stocks

5

1,456,149

1,146,236

Debtors

6

1,085,677

996,589

Cash at bank

1,313,523

923,076

3,855,349

3,065,901

CREDITORS

Amounts falling due within one year

7

1,572,134

1,159,204

NET CURRENT ASSETS

2,283,215

1,906,697

TOTAL ASSETS LESS CURRENT LIABILITIES

2,708,590

2,330,071

CREDITORS

Amounts falling due after more than one year

8

(191,091

)

(247,795

)

PROVISIONS FOR LIABILITIES

(19,979

)

(13,965

)

NET ASSETS

2,497,520

2,068,311

CAPITAL AND RESERVES

Called up share capital

130

130

Retained earnings

2,497,390

2,068,181

SHAREHOLDERS' FUNDS

2,497,520

2,068,311

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2026 and were signed on its behalf by:

S Leonard - Director

L Leonard - Director

1.	STATUTORY INFORMATION

Parker Hose & Fittings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

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 the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on cost

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has elected to apply the provisions of Section 11 and Section 12 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 34 (2025 - 27 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 July 2025

38,111

322,418

141,715

Additions

-

84,271

-

Disposals

-

-

-

At 30 June 2026

38,111

406,689

141,715

DEPRECIATION

At 1 July 2025

38,111

228,674

125,553

Charge for year

-

26,702

2,424

Eliminated on disposal

-

-

-

At 30 June 2026

38,111

255,376

127,977

NET BOOK VALUE

At 30 June 2026

-

151,313

13,738

At 30 June 2025

-

93,744

16,162

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 July 2025

567,456

-

1,069,700

Additions

29,353

7,640

121,264

Disposals

(79,664

)

-

(79,664

)

At 30 June 2026

517,145

7,640

1,111,300

DEPRECIATION

At 1 July 2025

253,988

-

646,326

Charge for year

85,705

1,910

116,741

Eliminated on disposal

(77,142

)

-

(77,142

)

At 30 June 2026

262,551

1,910

685,925

NET BOOK VALUE

At 30 June 2026

254,594

5,730

425,375

At 30 June 2025

313,468

-

423,374

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 July 2025

and 30 June 2026

47,785

483,187

530,972

DEPRECIATION

At 1 July 2025

40,680

199,799

240,479

Charge for year

-

70,847

70,847

At 30 June 2026

40,680

270,646

311,326

NET BOOK VALUE

At 30 June 2026

7,105

212,541

219,646

At 30 June 2025

7,105

283,388

290,493

5.

STOCKS

30.6.26

30.6.25

£

£

Stocks

1,456,149

1,146,236

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Trade debtors

1,085,677

996,589

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.26

30.6.25

£

£

Hire purchase contracts (see note 9)

47,622

52,200

Payments on account

216,331

-

Trade creditors

848,048

656,795

Tax

371,285

373,933

VAT

62,474

24,609

Short term loans

-

41,667

Accrued expenses

26,374

10,000

1,572,134

1,159,204

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.26

30.6.25

£

£

Hire purchase contracts (see note 9)

191,091

247,795

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.6.26

30.6.25

£

£

Net obligations repayable:

Within one year

47,622

52,200

Between one and five years

191,091

247,795

238,713

299,995

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.26

30.6.25

£

£

Hire purchase contracts

238,713

299,995

Hire purchase contracts are secured by the assets to which they relate.

11.	RELATED PARTY DISCLOSURES

Parker Hose & Fittings Ltd RBS

Mr S Leonard and Mr L J Leonard are the beneficiaries under the scheme.

During the year the company paid rent totalling £98,370 (2025 - £93,080) to the scheme.