PARK LANE FLOORING LIMITED

Company Registration Number:
08386640 (England and Wales)

Unaudited abridged accounts for the year ended 29 February 2024

Period of accounts

Start date: 01 March 2023

End date: 29 February 2024

PARK LANE FLOORING LIMITED

Contents of the Financial Statements

for the Period Ended 29 February 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PARK LANE FLOORING LIMITED

Company Information

for the Period Ended 29 February 2024




Director: P. Suller
Registered office: 45
Heol Don
Cardiff
GB-WLS
CF14 2AS
Company Registration Number: 08386640 (England and Wales)

PARK LANE FLOORING LIMITED

Balance sheet

As at 29 February 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 5,649 12,594
Total fixed assets: 5,649 12,594
Current assets
Debtors: 24,135 34,578
Cash at bank and in hand: 165,206 195,465
Total current assets: 189,341 230,043
Prepayments and accrued income: 1,220 695
Creditors: amounts falling due within one year: ( 27,736 ) ( 37,582 )
Net current assets (liabilities): 162,825 193,156
Total assets less current liabilities: 168,474 205,750
Creditors: amounts falling due after more than one year: ( 2,760 ) ( 3,707 )
Accruals and deferred income: ( 7,797 ) ( 7,797 )
Total net assets (liabilities): 157,917 194,246

The notes form part of these financial statements

PARK LANE FLOORING LIMITED

Balance sheet continued

As at 29 February 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 157,817 194,146
Shareholders funds: 157,917 194,246

For the year ending 29 February 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 2 September 2024
And Signed On Behalf Of The Board By:

Name: P. Suller
Status: Director

The notes form part of these financial statements

PARK LANE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value of sales earned in the period

    Tangible fixed assets depreciation policy

    Fixed assets are depreciated over 3 to 5 years

PARK LANE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 2

PARK LANE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 3. Off balance sheet disclosure

    No

PARK LANE FLOORING LIMITED

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Tangible Assets

Total
Cost £
At 01 March 2023 24,307
Additions -
Disposals -
Revaluations -
Transfers -
At 29 February 2024 24,307
Depreciation
At 01 March 2023 11,713
Charge for year 6,945
On disposals -
Other adjustments -
At 29 February 2024 18,658
Net book value
At 29 February 2024 5,649
At 28 February 2023 12,594