A.H.Parker & Sons (Gt.Britain) Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 00363912 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

A.H.PARKER & SONS (GT.BRITAIN) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTORS:

A A Scott

Mrs W M Scott

SECRETARY:

A A Scott

REGISTERED OFFICE:

Bailey House

4-10 Barttelot Road

Horsham

West Sussex

RH12 1DQ

REGISTERED NUMBER:

00363912 (England and Wales)

ACCOUNTANTS:

D A CLARK & CO. LTD.

Bailey House

4-10 Barttelot Road

Horsham

West Sussex

RH12 1DQ

FIXED ASSETS

Tangible assets

2

379

19

Investments

3

979,169

1,004,020

979,548

1,004,039

CURRENT ASSETS

Stocks

59,065

43,879

Debtors

628,136

497,358

Cash at bank

286,697

175,776

973,898

717,013

CREDITORS

Amounts falling due within one year

593,684

415,781

NET CURRENT ASSETS

380,214

301,232

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,359,762

1,305,271

CAPITAL AND RESERVES

Called up share capital

4

33,600

Capital redemption reserve

16,800

Profit and loss account

1,309,362

1,254,871

SHAREHOLDERS' FUNDS

1,359,762

1,305,271

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 25 August 2016 and were signed on its behalf by:

A A Scott - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the Financial

Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about A.H.Parker & Sons (Gt.Britain) Limited as an individual company and

do not contain consolidated financial information as the parent of a group. The company has taken the option under Section

398 of the Companies Act 2006 not to prepare consolidated financial statements.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving

items.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet

date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction.

Exchange differences are taken into account in arriving at the operating result.

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 profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

10,522

Additions

540

At 31 March 2016

11,062

DEPRECIATION

At 1 April 2015

10,503

Charge for year

180

At 31 March 2016

10,683

NET BOOK VALUE

At 31 March 2016

379

At 31 March 2015

19

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2015

and 31 March 2016

820,986

NET BOOK VALUE

At 31 March 2016

820,986

At 31 March 2015

820,986

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Parker- Poland SP.Z.O.O

Country of incorporation: Poland

Nature of business: Distributor of marine related products

%

Class of shares:

holding

Ordinary

99.75

31.12.15

31.12.14

£

Aggregate capital and reserves

1,821,641

1,741,328

Profit for the year

214,708

215,850

Loans

£

At 1 April 2015

183,034

Additions

144,984

Disposals

(183,268

)

Share of profit/(loss)

13,433

At 31 March 2016

158,183

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

33,600

Ordinary

£1

33,600