Jubilant Sports won 5-3 in the shootout after the teams had been locked at 2-2 after extra-time.
The first half was goal-less and Parley hit the woodwork before Adam Trimby opened the scoring just before the hour.
Parley rattled the woodwork for a second time and Tom Gagan headed the equaliser, with Nathan Saxby then slotting through the legs of Sam Jones to put Holt in front.
Saxby missed the chance to make it 3-1 before Dan Hiscock's screamer levelled matters.
There were no goals in extra-time and keeper Jones was the hero for Parley after he saved Holt's second penalty.