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REGISTERED NUMBER: 02017807 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

PARKHILL (UK) LIMITED

PARKHILL (UK) LIMITED (REGISTERED NUMBER: 02017807)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PARKHILL (UK) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: N Ridge
P Ridge
J S Sözen
J C Ridge
K E Tipton





SECRETARY: P Ridge





REGISTERED OFFICE: 14 Halstead Street
Worsthorne
Burnley
Lancashire
BB10 3LS





REGISTERED NUMBER: 02017807 (England and Wales)





ACCOUNTANTS: Ainsworths Limited
Chartered Accountants
Charter House
Stansfield Street
Nelson
Lancashire
BB9 9XY

PARKHILL (UK) LIMITED (REGISTERED NUMBER: 02017807)

BALANCE SHEET
31ST MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,680 2,118
Investment property 5 300,000 300,000
301,680 302,118

CURRENT ASSETS
Debtors 6 958 873
Cash at bank and in hand 19,282 19,221
20,240 20,094
CREDITORS
Amounts falling due within one year 7 87,400 89,566
NET CURRENT LIABILITIES (67,160 ) (69,472 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,520

232,646

PROVISIONS FOR LIABILITIES 18,563 18,563
NET ASSETS 215,957 214,083

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 215,857 213,983
SHAREHOLDERS' FUNDS 215,957 214,083

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.

PARKHILL (UK) LIMITED (REGISTERED NUMBER: 02017807)

BALANCE SHEET - 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 26th September 2023 and were signed on its behalf by:





J C Ridge - Director


PARKHILL (UK) LIMITED (REGISTERED NUMBER: 02017807)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023


1. STATUTORY INFORMATION

Parkhill (UK) Limited is a private company, limited by shares , registered in England and Wales. 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st April 2022
and 31st March 2023 12,159
DEPRECIATION
At 1st April 2022 10,041
Charge for year 438
At 31st March 2023 10,479
NET BOOK VALUE
At 31st March 2023 1,680
At 31st March 2022 2,118

PARKHILL (UK) LIMITED (REGISTERED NUMBER: 02017807)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st April 2022
and 31st March 2023 300,000
NET BOOK VALUE
At 31st March 2023 300,000
At 31st March 2022 300,000

Fair value at 31st March 2023 is represented by:
£   
Valuation in 2023 300,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 115,086 115,086

Investment property was valued on a fair value basis on 31st March 2023 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 958 873

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 270 270
Other creditors 87,130 89,296
87,400 89,566