Silverfin false false 28/12/2023 29/12/2022 28/12/2023 W L Ideson 03/02/2021 S A Morse 20/03/2023 13 August 2024 The principal activity of the Company during the financial year is a holding company. 13176317 2023-12-28 13176317 bus:Director1 2023-12-28 13176317 bus:Director2 2023-12-28 13176317 2022-12-28 13176317 core:CurrentFinancialInstruments 2023-12-28 13176317 core:CurrentFinancialInstruments 2022-12-28 13176317 core:ShareCapital 2023-12-28 13176317 core:ShareCapital 2022-12-28 13176317 core:CostValuation 2022-12-28 13176317 core:AdditionsToInvestments 2023-12-28 13176317 core:CostValuation 2023-12-28 13176317 bus:OrdinaryShareClass1 2023-12-28 13176317 2022-12-29 2023-12-28 13176317 bus:FilletedAccounts 2022-12-29 2023-12-28 13176317 bus:SmallEntities 2022-12-29 2023-12-28 13176317 bus:AuditExemptWithAccountantsReport 2022-12-29 2023-12-28 13176317 bus:PrivateLimitedCompanyLtd 2022-12-29 2023-12-28 13176317 bus:Director1 2022-12-29 2023-12-28 13176317 bus:Director2 2022-12-29 2023-12-28 13176317 1 2022-12-29 2023-12-28 13176317 2021-12-29 2022-12-28 13176317 bus:OrdinaryShareClass1 2022-12-29 2023-12-28 13176317 bus:OrdinaryShareClass1 2021-12-29 2022-12-28 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13176317 (England and Wales)

I PARK HOLDINGS LIMITED
(Formerly IDESON PROPERTY MANAGEMENT LTD)

Unaudited Financial Statements
For the financial year ended 28 December 2023
Pages for filing with the registrar

I PARK HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 28 December 2023

Contents

I PARK HOLDINGS LIMITED

COMPANY INFORMATION

For the financial year ended 28 December 2023
I PARK HOLDINGS LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 28 December 2023
DIRECTORS W L Ideson
S A Morse (Appointed 20 March 2023)
SECRETARY Michelmores Secretaries Limited
REGISTERED OFFICE Woodwater House
Pynes Hill
Exeter
EX2 5WR
United Kingdom
COMPANY NUMBER 13176317 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Centenary House
Peninsula Park
Rydon Lane
Exeter
Devon EX2 7XE
I PARK HOLDINGS LIMITED

BALANCE SHEET

As at 28 December 2023
I PARK HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 28 December 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 85 0
85 0
Current assets
Debtors 4 13 0
Cash at bank and in hand 2 2
15 2
Net current assets 15 2
Total assets less current liabilities 100 2
Net assets 100 2
Capital and reserves
Called-up share capital 5 100 2
Total shareholder's funds 100 2

For the financial year ending 28 December 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of I Park Holdings Limited (registered number: 13176317) were approved and authorised for issue by the Board of Directors on 13 August 2024. They were signed on its behalf by:

W L Ideson
Director
I PARK HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 December 2023
I PARK HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

I Park Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Woodwater House, Pynes Hill, Exeter, EX2 5WR, United Kingdom. The principal place of business is Cromwell Road, Penrith, Cumbria, CA11 7JW.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Dividend income

Dividend income is recognised when the company's right to receive payment has been established.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Fixed asset investments

Other investments Total
£ £
Cost or valuation before impairment
At 29 December 2022 0 0
Additions 85 85
At 28 December 2023 85 85
Carrying value at 28 December 2023 85 85
Carrying value at 28 December 2022 0 0

Details of undertakings

The company holds the entire called up share capital of I Park Smart Limited (company number: 09730299) and 83% of the called up share capital of I Park Services Limited (company number: 11546290) The relevant address is the company's registered office as disclosed in Note 1.

4. Debtors

2023 2022
£ £
Other debtors 13 0

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each (2022: 2 shares of £ 1.00 each) 100 2

During the year 98 Ordinary shares having an aggregate nominal value of £98 were allotted for an aggregate consideration of £98.