Parsons Developments Limited - Period Ending 2021-11-30

Parsons Developments Limited

Contents

Accountants' Report	1
Balance Sheet	2

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Parsons Developments Limited
for the Year Ended 30 November 2021

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Parsons Developments Limited for the year ended 30 November 2021 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Parsons Developments Limited, as a body, in accordance with the terms of our engagement letter dated 14 January 2019. Our work has been undertaken solely to prepare for your approval the accounts of Parsons Developments Limited and state those matters that we have agreed to state to the Board of Directors of Parsons Developments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Parsons Developments Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Parsons Developments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Parsons Developments Limited. You consider that Parsons Developments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Parsons Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

18 July 2022

Parsons Developments Limited

(Registration number: 11674317)
Balance Sheet as at 30 November 2021

		2021 £	2020 £
Fixed assets		357,405	310,701
Current assets		11,165	2,091
Prepayments and accrued income		6,507	-
Creditors: Amounts falling due within one year		(320,434)	(307,787)
Net current liabilities		(302,762)	(305,696)
Total assets less current liabilities		54,643	5,005
Accruals and deferred income		(42,600)	(600)
		12,043	4,405
Capital and reserves		12,043	4,405

Parsons Developments Limited

(Registration number: 11674317)
Balance Sheet as at 30 November 2021 (continued)

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
181 Kingstown Road
CARLISLE
CA3 0BA

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2020 - 4).

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Parsons Developments Limited

(Registration number: 11674317)
Balance Sheet as at 30 November 2021 (continued)

For the financial year ending 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 18 July 2022 and signed on its behalf by:
 

......................................... R Parsons Director

......................................... J A Kirsopp Director

......................................... A G Parsons Director

......................................... P B Fawcett Director