06902644falseLetting agency2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-05-31http://www.companieshouse.gov.uk/cd:Director12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:MotorCars2022-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:MotorCars2023-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-05-31http://www.companieshouse.gov.uk/2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/cd:FRS1022022-06-012023-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-06-012023-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06902644

Parkway Lettings Ltd

ACCOUNTS
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
D Doran
REGISTERED OFFICE
184a Broadway
Didcot
Oxon
OX11 8RN
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 Sheet3
Notes To The Accounts4
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 31/05/2023
20232022
Notes££
FIXED ASSETS
Intangible assets319,20018,150
Tangible assets49,42512,567
28,62530,717
CURRENT ASSETS
Debtors562,49383,868
Cash at bank and in hand50,12375,438
112,616159,306
CREDITORS: Amounts falling due within one year663,05094,272
NET CURRENT ASSETS49,56665,034
TOTAL ASSETS LESS CURRENT LIABILITIES78,19195,751
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account78,09195,651
SHAREHOLDERS' FUNDS78,19195,751
For the year ending 31/05/2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 02/02/2024 and signed on their behalf by
.............................
D Doran
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
Motor Carsreducing 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
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20232022
No.No.
Average number of employees67

Parkway Lettings Ltd

3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/06/202274,50074,500
At 31/05/202374,50074,500
Depreciation
At 01/06/202256,35056,350
(4,250)(4,250)
For the year3,2003,200
At 31/05/202355,30055,300
Net Book Amounts
At 31/05/202319,20019,200
At 31/05/202218,15018,150
4. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentMotor CarsTotal
££££
Cost
At 01/06/202220,0004,49521,17445,669
At 31/05/202320,0004,49521,17445,669
Depreciation
At 01/06/202211,5633,69217,84733,102
For the year2,1092018323,142
At 31/05/202313,6723,89318,67936,244
Net Book Amounts
At 31/05/20236,3286022,4959,425
At 31/05/20228,4378033,32712,567
5. DEBTORS 20232022
££
Amounts falling due within one year
PAYE control380-
Other debtors58,59881,260
Prepayments3,5152,608
62,49383,868

Parkway Lettings Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax20,71119,106
VAT10,59910,376
PAYE control-662
D Doran161880
Bank Loan-12,636
Other creditors29,55148,868
Pension schemes263311
Accruals1,7651,433
63,05094,272
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
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.