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Company Registration No. 02788445 (England and Wales)
Parkway Developments Limited Unaudited accounts for the year ended 31 March 2024
Parkway Developments Limited Unaudited accounts Contents
Page
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Parkway Developments Limited Company Information for the year ended 31 March 2024
Directors
David Turner James Wedge
Secretary
Andy Bennett
Company Number
02788445 (England and Wales)
Registered Office
Unit 11 Worton Court Worton Hall Industrial Estate Worton Road, Isleworth Middlesex TW7 6ER UK
Accountants
CP Finance Unit 11, Worton Court Worton Hall Ind Estate Worton Road Isleworth Middlesex TW7 6ER
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Parkway Developments Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
3,884 
3,082 
Cash at bank and in hand
4,063 
4,847 
7,947 
7,929 
Creditors: amounts falling due within one year
(10)
- 
Net current assets
7,937 
7,929 
Net assets
7,937 
7,929 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,837 
7,829 
Shareholders' funds
7,937 
7,929 
For the year ending 31 March 2024 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 3 August 2024 and were signed on its behalf by
David Turner Director Company Registration No. 02788445
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Parkway Developments Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Parkway Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 02788445. The registered office is Unit 11 Worton Court, Worton Hall Industrial Estate, Worton Road, Isleworth, Middlesex, TW7 6ER, UK.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1,288 
486 
Accrued income and prepayments
645 
645 
Other debtors
1,951 
1,951 
3,884 
3,082 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
10 
- 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
7
Transactions with related parties
The company incurs certain development costs which are recharged to the holding company, Wedge Homes Ltd. During the year the charges for these costs were £675 (2023 £1,050). The balance owed at the year end was £1,287 (2023: £486) A related company, Wedge Investments Ltd owed the company £1,951 (2023 : £1,951).
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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