REGISTERED NUMBER: 00384692 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

H PARFITT & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A T Salter

P A Salter

C Salter

E B Salter

SECRETARY:

A T Salter

REGISTERED OFFICE:

Chase Green House

Mill Lane

Chalfont St Giles

Buckinghamshire

HP8 4NR

REGISTERED NUMBER:

00384692 (England and Wales)

ACCOUNTANTS:

Hill Wooldridge & Co.

Chartered Accountants

Monument House

215 Marsh Road

Pinner

HA5 5NE

FIXED ASSETS

Tangible assets

4

4,908

4,274

Investment property

5

5,132,795

3,393,293

5,137,703

3,397,567

CURRENT ASSETS

Debtors

6

93,790

100,375

Investments

7

391,719

375,741

Cash at bank and in hand

37,703

29,530

523,212

505,646

CREDITORS

Amounts falling due within one year

8

59,872

65,278

NET CURRENT ASSETS

463,340

440,368

TOTAL ASSETS LESS CURRENT LIABILITIES

5,601,043

3,837,935

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Revaluation reserve

9

4,294,351

2,554,849

Capital redemption reserve

726

726

Retained earnings

1,275,966

1,252,360

SHAREHOLDERS' FUNDS

5,601,043

3,837,935

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 2 March 2026 and were signed on its behalf by:

A T Salter - Director

1.	STATUTORY INFORMATION

H Parfitt & Sons 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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

10% on reducing balance

Fixtures and fittings

-

10% on reducing balance

Investment property

In accordance with standard accounting practice, investment properties are revalued annually and the aggregate surplus or deficit is transferred to a revaluation reserve. No depreciation or amortisation is provided in respect of freehold investment properties and leasehold investment properties with over 20 years to run.

Although the Companies Act would normally require the systematic annual depreciation of fixed assets, the directors believe that the policy of not providing depreciation is necessary in order to give a true and fair view, since the current value of investment properties, and changes to that current value, are of prime importance rather than a calculation of systematic annual depreciation. Depreciation is only one of the many factors reflected in the annual valuation, and the amount which might otherwise have been included cannot be separately identified or quantified.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 January 2025

5,499

12,830

18,329

Additions

1,179

-

1,179

At 31 December 2025

6,678

12,830

19,508

DEPRECIATION

At 1 January 2025

1,615

12,440

14,055

Charge for year

506

39

545

At 31 December 2025

2,121

12,479

14,600

NET BOOK VALUE

At 31 December 2025

4,557

351

4,908

At 31 December 2024

3,884

390

4,274

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

3,393,293

Revaluations

1,739,502

At 31 December 2025

5,132,795

NET BOOK VALUE

At 31 December 2025

5,132,795

At 31 December 2024

3,393,293

Fair value at 31 December 2025 is represented by:

£

Valuation in 2012

2,257,054

Valuation in 2013

297,795

Valuation in 2025

1,739,502

Cost

838,444

5,132,795

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

838,444

838,444

Investment property was valued on an open market basis on 31 December 2025 by the board of directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

93,790

100,375

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

391,719

375,741

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

41,178

50,746

Other creditors

18,694

14,532

59,872

65,278

9.

RESERVES

Revaluation

reserve

£

At 1 January 2025

2,554,849

Revaluation of investment properties

1,739,502

At 31 December 2025

4,294,351

10.	RELATED PARTY DISCLOSURES