John Parr & Sons (Farms) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00810732 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

JOHN PARR & SONS (FARMS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J S Parr

G A Parr

P R Parr

SECRETARY:

G A Parr

REGISTERED OFFICE:

Delph House Farm

Crank

St.Helens

Merseyside

WA11 8QX

REGISTERED NUMBER:

00810732 (England and Wales)

ACCOUNTANTS:

C A Hunter Limited

Britannia Chambers

26 George Street

St Helens

Merseyside

WA10 1BZ

FIXED ASSETS

Tangible assets

4

643,328

673,345

CURRENT ASSETS

Stocks

98,332

82,969

Debtors

5

64,523

55,775

Cash in hand

2,756

1,115

165,611

139,859

CREDITORS

Amounts falling due within one year

6

143,502

99,318

NET CURRENT ASSETS

22,109

40,541

TOTAL ASSETS LESS CURRENT
LIABILITIES

665,437

713,886

CREDITORS

Amounts falling due after more than one
year

7

(383,927

)

(409,380

)

PROVISIONS FOR LIABILITIES

(45,509

)

(51,001

)

NET ASSETS

236,001

253,505

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

235,001

252,505

SHAREHOLDERS' FUNDS

236,001

253,505

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2025 and were signed on its behalf by:

J S Parr - Director

G A Parr - Director

P R Parr - Director

1.	STATUTORY INFORMATION

John Parr & Sons (Farms) 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 each asset over its estimated useful life.

Land & buildings

-

10% on reducing balance

Plant and machinery

-

10% 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Land

Land &

to

entitlements

buildings

property

£

COST

At 1 March 2024

11,180

383,213

64,016

Additions

-

At 28 February 2025

11,180

383,213

64,016

DEPRECIATION

At 1 March 2024

-

54,226

Charge for year

-

979

At 28 February 2025

-

55,205

NET BOOK VALUE

At 28 February 2025

11,180

383,213

8,811

At 29 February 2024

11,180

383,213

9,790

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 March 2024

669,618

25,395

2,999

1,156,421

Additions

1,190

-

1,190

At 28 February 2025

670,808

25,395

2,999

1,157,611

DEPRECIATION

At 1 March 2024

421,964

3,887

2,999

483,076

Charge for year

24,845

5,383

-

31,207

At 28 February 2025

446,809

9,270

2,999

514,283

NET BOOK VALUE

At 28 February 2025

223,999

16,125

-

643,328

At 29 February 2024

247,654

21,508

-

673,345

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

Trade debtors

14,457

15,436

Other debtors

50,066

40,339

64,523

55,775

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

Bank loans and overdrafts

97,451

55,642

Hire purchase contracts

5,268

22,730

Trade creditors

31,723

13,147

Taxation and social security

5,273

4,300

Other creditors

3,787

3,499

143,502

99,318

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

28.2.25

29.2.24

£

Bank loans

383,927

409,380

8.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

Bank overdrafts

72,035

30,261

Bank loans

409,343

434,761

481,378

465,022

Bank loans and overdraft facilities are secured by registered mortgage charges over the assets of the company.