Company Registration No. 3147990 (England and Wales)
PARK LANE TECHNOLOGIES LIMITED
Unaudited accounts
for the year ended 31 March 2023
PARK LANE TECHNOLOGIES LIMITED
Unaudited accounts
Contents
PARK LANE TECHNOLOGIES LIMITED
Company Information
for the year ended 31 March 2023
Company Number
3147990 (England and Wales)
Registered Office
132 LOWER BLANDFORD ROAD
BROADSTONE
DORSET
BH188NZ
UNITED KINGDOM
Accountants
Len Summerson
A42 Arena Business Centre
9 Nimrod Way
Wimborne
Dorset
BH21 7UH
PARK LANE TECHNOLOGIES LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
169,305
168,525
Cash at bank and in hand
17,604
21,046
Creditors: amounts falling due within one year
(287,128)
(282,585)
Net current liabilities
(269,524)
(261,539)
Net liabilities
(87,816)
(80,611)
Called up share capital
2
2
Profit and loss account
(87,818)
(80,613)
Shareholders' funds
(87,816)
(80,611)
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 November 2023 and were signed on its behalf by
A.W.K.PURNELL
Director
Company Registration No. 3147990
PARK LANE TECHNOLOGIES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
PARK LANE TECHNOLOGIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 3147990. The registered office is 132 LOWER BLANDFORD ROAD, BROADSTONE, DORSET, BH188NZ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
166,784
344
3,819
41,943
212,890
Additions
-
-
-
1,410
1,410
At 31 March 2023
166,784
344
3,819
43,353
214,300
At 1 April 2022
-
286
3,348
40,731
44,365
Charge for the year
-
12
94
524
630
At 31 March 2023
-
298
3,442
41,255
44,995
At 31 March 2023
166,784
46
377
2,098
169,305
At 31 March 2022
166,784
58
471
1,212
168,525
PARK LANE TECHNOLOGIES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Investments
Other investments
Valuation at 1 April 2022
12,403
Valuation at 31 March 2023
12,403
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
376
1,172
Loans from directors
285,902
279,854
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).