Relate AccountsProduction v2.5.2 v2.5.2 2021-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is to hold shares and receive dividends from it's shareholding in subsidiaries. 13 September 2022 2 NI674849 2021-12-31 NI674849 2020-12-31 NI674849 2021-01-01 2021-12-31 NI674849 uk-bus:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 NI674849 uk-bus:AbridgedAccounts 2021-01-01 2021-12-31 NI674849 uk-core:ShareCapital 2021-12-31 NI674849 uk-core:SharePremium 2021-12-31 NI674849 uk-core:RetainedEarningsAccumulatedLosses 2021-12-31 NI674849 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2021-12-31 NI674849 uk-bus:FRS102 2021-01-01 2021-12-31 NI674849 uk-core:AdditionsToInvestments 2021-12-31 NI674849 uk-core:CostValuation 2021-12-31 NI674849 2021-01-01 2021-12-31 NI674849 uk-bus:Director1 2021-01-01 2021-12-31 NI674849 uk-bus:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI674849
 
 
Parkview Provisions Holdings Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 December 2021
Parkview Provisions Holdings Limited
Company Registration Number: NI674849
ABRIDGED BALANCE SHEET
as at 31 December 2021

2021
Notes £
 
Fixed Assets
Investments 6 165,000
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Current Assets
Cash and cash equivalents 99,980
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Net Current Assets 99,980
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Total Assets less Current Liabilities 264,980
═════════
 
Capital and Reserves
Called up share capital 100
Share premium account 7 164,900
Retained earnings 99,980
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Equity attributable to owners of the company 264,980
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
       
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
       
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
       
For the financial year ended 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
       
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
       
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
       
Approved by the Board and authorised for issue on 13 September 2022 and signed on its behalf by
       
________________________________      
Martin White      
Director      
       



Parkview Provisions Holdings Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 December 2021

   
1. General Information
 
Parkview Provisions Holdings Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI674849. The registered office of the company is Unit 7I Springhill Road, Carnbane Industrial Estates, Newry, Co. Down, BT35 6EF which is also the principal place of business of the company. The principal activity of the company is to hold shares and receive dividends from it's shareholding in subsidiaries. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2021 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006. These are the company's first set of financial statements prepared in accordance with FRS 102.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Consolidated accounts
The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the profit and loss account in the financial year in which it is receivable.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Adoption of FRS 102 Section 1A
 
This is the first set of financial statements prepared by Parkview Provisions Holdings Limited in accordance with accounting standards issued by the Financial Reporting Council, including FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” Section 1A (Small Entities). The company transitioned from previously extant Irish and UK GAAP to FRS 102 Section 1A as at 1 January 2016.
   
4. Statement on previous periods
 
The company did not present financial statements for previous periods.
     
5. Employees
 
The average monthly number of employees, including directors, during the financial year was 2, (2020 - 0).
 
  2021
  Number
 
Directors 2
  ═════════
       
6. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
Additions 165,000 165,000
  ───────── ─────────
At 31 December 2021 165,000 165,000
  ───────── ─────────
Net book value
At 31 December 2021 165,000 165,000
  ═════════ ═════════
   
7. Reserves
 
Share Premium Reserve
 
The amount carried forward is the premium that arose from the issue of shares in 2020.
 
     
8. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2021.
   
9. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.