Bob Parry and Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00223068 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2020

for

Bob Parry and Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C N H Pursglove

T C C Austen

REGISTERED OFFICE:

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

REGISTERED NUMBER:

00223068 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

CURRENT ASSETS

Debtors

5

2,326,908

2,304,921

Cash at bank

1,904

1,111

2,328,812

2,306,032

CREDITORS

Amounts falling due within one year

6

294,862

276,685

NET CURRENT ASSETS

2,033,950

2,029,347

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,033,950

2,029,347

CAPITAL AND RESERVES

Called up share capital

7

6,000

Share premium

6,000

Retained earnings

2,021,950

2,017,347

SHAREHOLDERS' FUNDS

2,033,950

2,029,347

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2020 and were signed on its behalf
by:

C N H Pursglove - Director

1.	STATUTORY INFORMATION

Bob Parry and Company 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.

The financial statements are presented in sterling, which is the functional currency of the company, rounded to the nearest £1.

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.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2019

and 31 March 2020

32,111

DEPRECIATION

At 1 April 2019

and 31 March 2020

32,111

NET BOOK VALUE

At 31 March 2020

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

Amounts owed by group undertakings

2,326,908

2,304,921

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

Trade creditors

10,364

10,363

Amounts owed to group undertakings

240,087

210,065

Taxation and social security

997

12,843

Other creditors

43,414

294,862

276,685

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.20

31.3.19

value:

£

1,200

Ordinary

£5

6,000

8.	RELATED PARTY DISCLOSURES

J R France-Hayhurst is a director in Spurstow Group Limited which is the majority shareholder of Bob Parry and Company

Limited. Parkfield Securities Limited (formerly called Parkfields Developments Limited) is a subsidiary of Spurstow Group

Limited and owns 100% of the share capital of Saint-Malo (Valley) Limited, Revinar Ventures Limited, Anglesey Lodge &

Caravan Park Limited and Parkfield Homes Limited.

At 31 March 2020, there was an amount of £165,201 (2019: £159,250) due from Anglesey Lodge & Caravan Park Limited. The

principal sum, of £148,782, bears simple interest at 4% per annum repayable by 27th June 2022 with an option by the borrower

to extend to 27th June 2025

At 31 March 2020, there was an amount of £676,154 (2019: £660,046) due from Parkfield Homes Limited. The principal sum,

of £402,707, bears simple interest at 4% per annum repayable by 27th June 2022 with an option by the borrower to extend to

27th June 2025 together with accrued interest

At 31 March 2020, there was an amount of £1,175,701 (2019: £1,134,237) due from Parkfield Securities Limited (formerly

called Parkfields Developments Limited). The principal sum, of £1,105,578, bears simple interest at 4% per annum repayable by

27th June 2022 with an option by the borrower to extend to 27th June 2025 together with accrued interest.

At 31 March 2020, there was an amount of £240,087 (2019: £210,065) due to Spurstow Estates Limited with no interest payable

and repayable on demand.

At 31 March 2020, there was an amount of £271,603 (2019: £314,529) due from Spurstow Properties Limited with no interest

payable and repayable on demand.

At 31 March 2020, there was an amount of £38,246 (2019: £36,856) due from Redlodge Services Limited. The principal sum, of

£34,758, bears simple interest at 4% per annum repayable by 27th June 2022 with an option by the borrower to extend to 27th

June 2025 together with accrued interest.

9.	ULTIMATE CONTROLLING PARTY

J R France - Hayhurst is a director of Spurstow Group Limited who are the majority shareholder in Bob Parry and Company

Limited

Bob Parry and Company Limited - Accounts to registrar (filleted) - small 18.2

Bob Parry and Company Limited - Accounts to registrar (filleted) - small 18.2