Registered number: 06902644 | ||||||||
FOR THE YEAR ENDED 31/05/2023 | ||||||||
Prepared By: | ||||||||
DBR Accounts Limited | ||||||||
Association of Chartered Certified Accountants | ||||||||
1 Station Court | ||||||||
Station Approach | ||||||||
Wickford | ||||||||
Essex | ||||||||
SS11 7AT |
Parkway Lettings Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/05/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
Oxon | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 06902644 | ||||||||
ACCOUNTANTS | ||||||||
DBR Accounts Limited | ||||||||
Association of Chartered Certified Accountants | ||||||||
1 Station Court | ||||||||
Station Approach | ||||||||
Wickford | ||||||||
Essex | ||||||||
SS11 7AT |
Parkway Lettings Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/05/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Parkway Lettings Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 3 | |||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
112,616 | 159,306 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 65,034 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 78,091 | 95,651 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Parkway Lettings Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Fixtures and Fittings | reducing balance 25% | |||||||
Equipment | reducing balance 25% | |||||||
Motor Cars | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Goodwill | ||||||||
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 7 | |||||
Parkway Lettings Ltd | ||||||||
3. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/06/2022 | 74,500 | 74,500 | ||
At 31/05/2023 | 74,500 | 74,500 | ||
Depreciation | ||||
At 01/06/2022 | 56,350 | 56,350 | ||
(4,250) | (4,250) | |||
For the year | 3,200 | 3,200 | ||
At 31/05/2023 | 55,300 | 55,300 | ||
Net Book Amounts | ||||
At 31/05/2023 | ||||
At 31/05/2022 | ||||
4. TANGIBLE FIXED ASSETS | ||||||||
Fixtures | ||||||||
and Fittings | Equipment | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/06/2022 | 20,000 | 4,495 | 21,174 | 45,669 | ||||
At 31/05/2023 | 20,000 | 4,495 | 21,174 | 45,669 | ||||
Depreciation | ||||||||
At 01/06/2022 | 11,563 | 3,692 | 17,847 | 33,102 | ||||
For the year | 2,109 | 201 | 832 | 3,142 | ||||
At 31/05/2023 | 13,672 | 3,893 | 18,679 | 36,244 | ||||
Net Book Amounts | ||||||||
At 31/05/2023 | 9,425 | |||||||
At 31/05/2022 | 12,567 | |||||||
5. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
PAYE control | 380 | - | ||||||
Other debtors | 58,598 | 81,260 | ||||||
Prepayments | 3,515 | 2,608 | ||||||
62,493 | 83,868 | |||||||
Parkway Lettings Ltd | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 20,711 | 19,106 | ||||||
VAT | 10,599 | 10,376 | ||||||
PAYE control | - | 662 | ||||||
D Doran | 161 | 880 | ||||||
Bank Loan | - | 12,636 | ||||||
Other creditors | 29,551 | 48,868 | ||||||
Pension schemes | 263 | 311 | ||||||
Accruals | 1,765 | 1,433 | ||||||
63,050 | 94,272 | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
8. CONTROLLING PARTY | ||||||||
Mr D Doran is the ultimate controlling party by virtue of his sole directorship and majority ownership of the issued share capital. | ||||||||