Registration number:
Hayes Parsons Holdings Ltd
for the Year Ended 31 December 2025
Pages for filing with Registrar
Hayes Parsons Holdings Ltd
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Hayes Parsons Holdings Ltd
Company Information
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Directors |
B R K Leah J W Woollam |
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Registered office |
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Registered number |
00749459 |
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Accountant |
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Hayes Parsons Holdings Ltd
(Registration number: 00749459)
Balance Sheet as at 31 December 2025
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Note |
2025 |
2024 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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2,700 |
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Profit and loss account |
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985,389 |
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Total equity |
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988,089 |
Hayes Parsons Holdings Ltd
(Registration number: 00749459)
Balance Sheet as at 31 December 2025
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:
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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’.
Approved and authorised for issue by the
.........................................
J W Woollam
Director
Hayes Parsons Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Statutory information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
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Accounting policies |
Summary of significant accounting policies
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.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
Group accounts not prepared
Tax
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.
Investments
Investments in subsidiaries and associates are measured at cost less impairment.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
An associate is an entity over which the company has significant influence and that is neither a subsidiary nor an interest in a joint venture. Investments in associates are measured at cost less impairment.
Hayes Parsons Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits.
Loans receivable
Debtors include loans advanced to companies in the group. Loans are shown at transaction value which represents their fair value. Interest receivable is recognised on the basis of the effective interest method and is included in interest receivable and similar income.
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.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.
Dividends
A dividend distribution to shareholders is recognised as a liability in the reporting period in which the distribution is declared.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Taxation |
No liability to UK corporation tax arose on ordinary activities for the year ended
Hayes Parsons Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Investments |
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2025 |
2024 |
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Investments in subsidiaries |
5,134,655 |
5,134,655 |
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Investments in associates |
60 |
60 |
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5,134,715 |
5,134,715 |
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Subsidiaries |
£ |
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Cost |
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At 1 January 2025 |
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Provision |
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Carrying amount |
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At 31 December 2025 |
5,134,655 |
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At 31 December 2024 |
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Associates |
£ |
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Cost |
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At 1 January 2025 and 31 December 2024 |
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Carrying amount |
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At 31 December 2025 |
60 |
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At 31 December 2024 |
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Hayes Parsons Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
Details of undertakings
Details of the investments are as follows:
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Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2025 |
2024 |
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Subsidiary undertakings |
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Beacon Tower
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Ordinary |
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England and Wales |
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Beacon Tower
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Ordinary |
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England and Wales |
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Beacon Tower
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Ordinary |
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England and Wales |
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Associates |
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10-12 Queens Road
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Ordinary |
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England and Wales |
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The principal activity of all the above entities is insurance broking.
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Debtors: amounts falling due within one year |
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2025 |
2024 |
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Amounts owed from associates |
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56,941 |
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Other debtors |
127 |
127 |
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Accrued income |
188 |
- |
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57,068 |
Hayes Parsons Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Creditors |
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2025 |
2024 |
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Due within one year |
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Bank loans |
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387,298 |
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Amounts owed to subsidiaries |
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3,327,853 |
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Accruals |
2,298 |
1,833 |
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4,066,915 |
3,716,984 |
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Due after one year |
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Bank loan |
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501,317 |
The bank loans are made up of three loans, all carrying a variable rate of interest rate above the Bank of England base rate.
Loan one was drawn down in March 2022 and is being repaid monthly with a final repayment date of March 2026, and a carrying value at the year-end of £33,497 (2024: £164,392).
Loan two was drawn down in January 2023 and is being repaid monthly with a final repayment date of January 2028, and a carrying value of £365,330 at the year-end (2024: £523,729).
Loan three was drawn down in April 2024 and was repaid in full in September 2025, it has a carrying value of £Nil at the year-end (2024: £200,494).
Hayes Parsons Holdings Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025
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Share capital |
Allotted, called up and fully paid shares
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2025 |
2024 |
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No. |
£ |
No. |
£ |
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2,700 |
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2,700 |
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Related party transactions |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable to the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
Loans to related parties
Terms of loans to related parties