Company Registration No. 08707530 (England and Wales)
Nelson Parks Limited
Unaudited accounts
for the year ended 30 September 2023
Nelson Parks Limited
Unaudited accounts
Contents
Nelson Parks Limited
Company Information
for the year ended 30 September 2023
Directors
Shedrack Nelson
Mrs Raquel Nelson
Company Number
08707530 (England and Wales)
Registered Office
50 Micklegate
Selby
YO8 4EQ
England
Nelson Parks Limited
Statement of financial position
as at 30 September 2023
Tangible assets
3,114,153
392,495
Investment property
2,052,622
2,052,622
Cash at bank and in hand
36,134
225,491
Creditors: amounts falling due within one year
(557,544)
(633,406)
Net current assets/(liabilities)
7,503
(230,489)
Total assets less current liabilities
5,174,378
2,214,728
Creditors: amounts falling due after more than one year
(3,060,465)
-
Provisions for liabilities
Deferred tax
(63,345)
(63,345)
Net assets
2,050,568
2,151,383
Called up share capital
2
2
Profit and loss account
2,050,566
2,151,381
Shareholders' funds
2,050,568
2,151,383
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 5 February 2024 and were signed on its behalf by
Shedrack Nelson
Director
Company Registration No. 08707530
Nelson Parks Limited
Notes to the Accounts
for the year ended 30 September 2023
Nelson Parks Limited is a private company, limited by shares, registered in England and Wales, registration number 08707530. The registered office is 50 Micklegate, Selby, YO8 4EQ, England.
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:
Land & buildings
Freehold Property - Not Depreciated
Plant & machinery
20% on reducing balance
Motor vehicles
20% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
20% on reducing balance
Nelson Parks Limited
Notes to the Accounts
for the year ended 30 September 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 October 2022
127,586
600,379
41,051
31,810
18,804
819,630
Additions
2,753,094
13,203
14,416
16,523
1,724
2,798,960
Disposals
-
(19,220)
-
-
-
(19,220)
At 30 September 2023
2,880,680
594,362
55,467
48,333
20,528
3,599,370
At 1 October 2022
-
375,020
23,745
19,577
8,793
427,135
Charge for the year
-
44,593
6,344
5,433
1,712
58,082
At 30 September 2023
-
419,613
30,089
25,010
10,505
485,217
At 30 September 2023
2,880,680
174,749
25,378
23,323
10,023
3,114,153
At 30 September 2022
127,586
225,359
17,306
12,233
10,011
392,495
Fair value at 1 October 2022
2,052,622
At 30 September 2023
2,052,622
6
Investments
Other investments
Valuation at 1 October 2022
100
Valuation at 30 September 2023
100
Amounts falling due within one year
Accrued income and prepayments
18,608
20,914
Other debtors
500,566
100,297
8
Creditors: amounts falling due within one year
2023
2022
Trade creditors
32,515
9,199
Taxes and social security
210,958
481,193
Other creditors
79,905
135,708
Loans from directors
227,723
-
Nelson Parks Limited
Notes to the Accounts
for the year ended 30 September 2023
9
Creditors: amounts falling due after more than one year
2023
2022
10
Average number of employees
During the year the average number of employees was 3 (2022: 0).