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REGISTERED NUMBER: 07209611













PARK ESTATE INVESTMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5TH APRIL 2022






PARK ESTATE INVESTMENTS LIMITED (REGISTERED NUMBER: 07209611)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5TH APRIL 2022










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PARK ESTATE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5TH APRIL 2022







DIRECTORS: Mr. A D Giles
Mr R Williams





SECRETARY: Mr. A D Giles





REGISTERED OFFICE: 36 Park Place
Cardiff
CF10 3BB





REGISTERED NUMBER: 07209611





ACCOUNTANTS: Carston Chartered Accountants
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

PARK ESTATE INVESTMENTS LIMITED (REGISTERED NUMBER: 07209611)

STATEMENT OF FINANCIAL POSITION
5TH APRIL 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,087,903 8,087,903

CURRENT ASSETS
Debtors 5 43,737 49,015
Cash at bank 331,665 304,283
375,402 353,298
CREDITORS
Amounts falling due within one year 6 245,964 273,720
NET CURRENT ASSETS 129,438 79,578
TOTAL ASSETS LESS CURRENT LIABILITIES 8,217,341 8,167,481

CREDITORS
Amounts falling due after more than one
year

7

7,300,841

7,436,791
NET ASSETS 916,500 730,690

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 916,400 730,590
SHAREHOLDERS' FUNDS 916,500 730,690

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5th April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 5th April 2022 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.

PARK ESTATE INVESTMENTS LIMITED (REGISTERED NUMBER: 07209611)

STATEMENT OF FINANCIAL POSITION - continued
5TH APRIL 2022


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 13th September 2022 and were signed on its behalf by:





Mr. A D Giles - Director


PARK ESTATE INVESTMENTS LIMITED (REGISTERED NUMBER: 07209611)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5TH APRIL 2022


1. STATUTORY INFORMATION

Park Estate Investments Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 6th April 2021
and 5th April 2022 8,087,903
NET BOOK VALUE
At 5th April 2022 8,087,903
At 5th April 2021 8,087,903

PARK ESTATE INVESTMENTS LIMITED (REGISTERED NUMBER: 07209611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5TH APRIL 2022


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 24,944 27,725
Other debtors 18,793 21,290
43,737 49,015

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 37,548 37,548
Trade creditors 6,971 3,240
Taxation and social security 40,628 57,708
Other creditors 160,817 175,224
245,964 273,720

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 907,800 945,350
Other creditors 6,393,041 6,491,441
7,300,841 7,436,791

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary £1 100 100