PARLOUR ROOMS LTD


Directors	SIMPSON, Joan
	SIMPSON, Stephen John


Company Secretary	SIMPSON, Stephen John


Registered Address	12a Marlborough Place
	Brighton
	BN1 1WN


Registered Number	05053303 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	4		45,000		52,500
Tangible assets	5		2,329,968		2,313,289
Investments	6		64,886		48,725
			2,439,854		2,414,514
Current assets
Debtors	7	408,839		209,075
Cash at bank and on hand		3,913,053		4,070,924
		4,321,892		4,279,999
Creditors amounts falling due within one year	8	(1,896,305)		(1,882,578)
Net current assets (liabilities)			2,425,587		2,397,421
Total assets less current liabilities			4,865,441		4,811,935
Provisions for liabilities	9		(15,496)		(12,871)
Accruals and deferred income			(1,000)		(1,000)
Net assets			4,848,945		4,798,064
Capital and reserves
Called up share capital			990		990
Profit and loss account			4,847,955		4,797,074
Shareholders' funds			4,848,945		4,798,064

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 15 October 2025, and are signed on its behalf by:

SIMPSON, Stephen John
Director
Registered Company No. 05053303

PARLOUR ROOMS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.

Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	150,000	150,000
At 31 March 25	150,000	150,000
Amortisation and impairment
At 01 April 24	97,500	97,500
Charge for year	7,500	7,500
At 31 March 25	105,000	105,000
Net book value
At 31 March 25	45,000	45,000
At 31 March 24	52,500	52,500

5.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 April 24	2,261,805	266,254	22,741	73,415	1,805	2,626,020
Additions	29,550	-	-	-	-	29,550
At 31 March 25	2,291,355	266,254	22,741	73,415	1,805	2,655,570
Depreciation and impairment
At 01 April 24	-	234,350	18,693	57,961	1,727	312,731
Charge for year	-	7,975	1,012	3,864	20	12,871
At 31 March 25	-	242,325	19,705	61,825	1,747	325,602
Net book value
At 31 March 25	2,291,355	23,929	3,036	11,590	58	2,329,968
At 31 March 24	2,261,805	31,904	4,048	15,454	78	2,313,289

6.	Fixed asset investments

	Investments in groups¹	Other investments²	Total
	£	£	£
Cost or valuation
At 01 April 24	41,516	7,209	48,725
Additions	-	16,161	16,161
At 31 March 25	41,516	23,370	64,886
Net book value
At 31 March 25	41,516	23,370	64,886
At 31 March 24	41,516	7,209	48,725

	Notes
	¹Investments in group undertakings and participating interests ²Other investments other than loans

7.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	2,410	3,508
Amounts owed by group undertakings	177,908	177,571
Other debtors	218,475	26,251
Prepayments and accrued income	10,046	1,745
Total	408,839	209,075

8.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	62,987	57,581
Amounts owed to related parties	1,598,940	1,601,440
Taxation and social security	69,006	50,184
Other creditors	1,500	9,500
Accrued liabilities and deferred income	163,872	163,873
Total	1,896,305	1,882,578

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	15,496	12,871
Total	15,496	12,871

10.	Related party transactions
	Included in the financial statements are the following significant transactions and balances with related parties, Cotswold Rooms Ltd, a wholly owned subsidiary: Debtors due within 1 year £90,588 (2024: £98,232)

11.	Controlling party
	The company is controlled by its director, S J Simpson, by virtue of his majority ownership of the issued share capital.