IRIS Accounts Production v23.1.5.20 08383178 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083831782022-03-31083831782023-03-31083831782022-04-012023-03-31083831782021-03-31083831782021-04-012022-03-31083831782022-03-3108383178ns15:EnglandWales2022-04-012023-03-3108383178ns14:PoundSterling2022-04-012023-03-3108383178ns10:Director12022-04-012023-03-3108383178ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3108383178ns10:SmallEntities2022-04-012023-03-3108383178ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3108383178ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3108383178ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3108383178ns10:FullAccounts2022-04-012023-03-3108383178ns10:Director22022-04-012023-03-3108383178ns10:RegisteredOffice2022-04-012023-03-3108383178ns5:CurrentFinancialInstruments2023-03-3108383178ns5:CurrentFinancialInstruments2022-03-3108383178ns5:ShareCapital2023-03-3108383178ns5:ShareCapital2022-03-3108383178ns5:RetainedEarningsAccumulatedLosses2023-03-3108383178ns5:RetainedEarningsAccumulatedLosses2022-03-3108383178ns5:PlantMachinery2022-04-012023-03-3108383178ns5:ComputerEquipment2022-04-012023-03-3108383178ns5:LandBuildings2022-03-3108383178ns5:PlantMachinery2022-03-3108383178ns5:ComputerEquipment2022-03-3108383178ns5:LandBuildings2022-04-012023-03-3108383178ns5:LandBuildings2023-03-3108383178ns5:PlantMachinery2023-03-3108383178ns5:ComputerEquipment2023-03-3108383178ns5:LandBuildings2022-03-3108383178ns5:PlantMachinery2022-03-3108383178ns5:ComputerEquipment2022-03-3108383178ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3108383178ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-31
REGISTERED NUMBER: 08383178 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st March 2023

for

Southgate Car Park Management Limited

Southgate Car Park Management Limited (Registered number: 08383178)

Contents of the Financial Statements
for the Year Ended 31st March 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Southgate Car Park Management Limited

Company Information
for the Year Ended 31st March 2023







DIRECTORS: Mrs S Finnamore
A.H. Finnamore





REGISTERED OFFICE: The Granary
Brewer Street
Bletchingley
Surrey
RH1 4QP





REGISTERED NUMBER: 08383178 (England and Wales)






Southgate Car Park Management Limited (Registered number: 08383178)

Statement of Financial Position
31st March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 732,172 175

CURRENT ASSETS
Debtors 4 7,749 36,409
Cash at bank 22,752 2,154
30,501 38,563
CREDITORS
Amounts falling due within one year 5 750,904 34,179
NET CURRENT (LIABILITIES)/ASSETS (720,403 ) 4,384
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,769

4,559

PROVISIONS FOR LIABILITIES 5 114
NET ASSETS 11,764 4,445

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,664 4,345
SHAREHOLDERS' FUNDS 11,764 4,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

Southgate Car Park Management Limited (Registered number: 08383178)

Statement of Financial Position - continued
31st March 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18th October 2023 and were signed on its behalf by:





Mrs S Finnamore - Director


Southgate Car Park Management Limited (Registered number: 08383178)

Notes to the Financial Statements
for the Year Ended 31st March 2023


1. 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.
Plant and machinery - 25% on cost
Computer equipment - 33% on cost

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

3. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1st April 2022 - 600 1,794 2,394
Additions 732,147 - - 732,147
At 31st March 2023 732,147 600 1,794 734,541
DEPRECIATION
At 1st April 2022 - 425 1,794 2,219
Charge for year - 150 - 150
At 31st March 2023 - 575 1,794 2,369
NET BOOK VALUE
At 31st March 2023 732,147 25 - 732,172
At 31st March 2022 - 175 - 175

Southgate Car Park Management Limited (Registered number: 08383178)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2023


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 2,110 -
Other debtors 5,639 5,639
Directors' current accounts - 30,770
7,749 36,409

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts 250,000 23,168
Trade creditors - (1 )
Tax 14,800 9,306
VAT 3,182 -
Directors' current accounts 481,216 -
Accrued expenses 1,706 1,706
750,904 34,179

6. ULTIMATE CONTROLLING PARTY

The controlling party is Mr & Mrs Finnamore.