PARK LANE FLOORING LIMITED

Company Registration Number:
08386640 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

PARK LANE FLOORING LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

PARK LANE FLOORING LIMITED

Company Information

for the Period Ended 28 February 2023




Director: Peter Suller
Registered office: 45
Heol Don
Cardiff
GB-WLS
CF14 2AS
Company Registration Number: 08386640 (England and Wales)

PARK LANE FLOORING LIMITED

Directors' Report Period Ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal Activities

Floor laying

Directors

The directors shown below have held office during the whole of the period from 01 March 2022 to 28 February 2023
Peter Suller

This report was approved by the board of directors on 16 October 2023
And Signed On Behalf Of The Board By:

Name: Peter Suller
Status: Director

PARK LANE FLOORING LIMITED

Balance sheet

As at 28 February 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 12,594 15,094
Total fixed assets: 12,594 15,094
Current assets
Debtors: 34,579 37,793
Cash at bank and in hand: 195,465 160,130
Total current assets: 230,044 197,923
Prepayments and accrued income: 694 466
Creditors: amounts falling due within one year: ( 45,379 ) ( 37,239 )
Net current assets (liabilities): 185,359 161,150
Total assets less current liabilities: 197,953 176,244
Creditors: amounts falling due after more than one year: ( 3,707 ) ( 1,187 )
Total net assets (liabilities): 194,246 175,057

The notes form part of these financial statements

PARK LANE FLOORING LIMITED

Balance sheet continued

As at 28 February 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 194,146 174,957
Shareholders funds: 194,246 175,057

For the year ending 28 February 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 16 October 2023
And Signed On Behalf Of The Board By:

Name: Peter Suller
Status: Director

The notes form part of these financial statements

PARK LANE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value of sales earned in the period

    Tangible fixed assets depreciation policy

    Fixed assets are depreciated over 3 to 5 years

PARK LANE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

PARK LANE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 3. Off balance sheet disclosure

    No

PARK LANE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Tangible Assets

Total
Cost £
At 01 March 2022 20,974
Additions 3,333
Disposals -
Revaluations -
Transfers -
At 28 February 2023 24,307
Depreciation
At 01 March 2022 5,880
Charge for year 5,833
On disposals -
Other adjustments -
At 28 February 2023 11,713
Net book value
At 28 February 2023 12,594
At 28 February 2022 15,094