REGISTERED NUMBER: 07541814 (England and Wales)

PARKIN GERRY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Statement of Financial Position

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

A R Plant

Mrs K E Plant

REGISTERED OFFICE:

Suite 7

Wyvern House

Kesteven Street

Lincoln

Lincolnshire

LN5 6AB

REGISTERED NUMBER:

07541814 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

FIXED ASSETS

Tangible assets

4

3,225

5,265

CURRENT ASSETS

Debtors

5

119,891

75,609

Cash at bank

216,083

230,143

335,974

305,752

CREDITORS

Amounts falling due within one year

6

81,102

85,117

NET CURRENT ASSETS

254,872

220,635

TOTAL ASSETS LESS CURRENT LIABILITIES

258,097

225,900

PROVISIONS FOR LIABILITIES

807

1,317

NET ASSETS

257,290

224,583

CAPITAL AND RESERVES

Called up share capital

7

2

2

Capital redemption reserve

2

2

Retained earnings

257,286

224,579

SHAREHOLDERS' FUNDS

257,290

224,583

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 8 September 2026 and were signed on its behalf by:

A R Plant - Director

1.	STATUTORY INFORMATION

Parkin Gerry 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from undertaking surveys and project management is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to work undertaken.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

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 etc

-

20% on reducing balance and 3 - 6 years straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 the income statement in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

13,643

DEPRECIATION

At 1 April 2025

8,378

Charge for year

2,040

At 31 March 2026

10,418

NET BOOK VALUE

At 31 March 2026

3,225

At 31 March 2025

5,265

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

45,442

45,540

Other debtors

74,449

30,069

119,891

75,609

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,019

1,256

Taxation and social security

76,173

79,966

Other creditors

3,910

3,895

81,102

85,117

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary Class A

1p

1

1

100

Ordinary Class B

1p

1

1

2

2

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors have a directors loan accounts totalling £28,625 overdrawn brought forward (2025: £1,118). During the year, the directors of the company borrowed £72,731 (2025: £29,636) from the company and repaid £30,005 (2025: £Nil). Interest was charged on the overdrawn amount in the year of £342 (2025: £107). The balance at the end of the year totalled £71,693 overdrawn (2025: £28,625 overdrawn).

Interest has been charged at the official HM Revenue & Customs rate on overdrawn balances.