Company Registration No. 04613031 (England and Wales)
South Park Investments (lincoln) Limited
Unaudited accounts
for the year ended 31 December 2023
South Park Investments (lincoln) Limited
Unaudited accounts
Contents
South Park Investments (lincoln) Limited
Company Information
for the year ended 31 December 2023
Company Number
04613031 (England and Wales)
Registered Office
Jubilee Place Lindum Business Park
Station Road, North Hykeham
Lincoln
LN6 3QX
South Park Investments (lincoln) Limited
Statement of financial position
as at 31 December 2023
Investment property
335,993
335,993
Cash at bank and in hand
352,092
318,126
Creditors: amounts falling due within one year
(109,999)
(110,601)
Net current assets
242,093
207,525
Net assets
676,859
642,291
Called up share capital
1
1
Profit and loss account
676,858
642,290
Shareholders' funds
676,859
642,291
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 18 September 2024 and were signed on its behalf by
H F F Kok
Director
Company Registration No. 04613031
South Park Investments (lincoln) Limited
Notes to the Accounts
for the year ended 31 December 2023
South Park Investments (lincoln) Limited is a private company, limited by shares, registered in England and Wales, registration number 04613031. The registered office is Jubilee Place Lindum Business Park, Station Road, North Hykeham, Lincoln, LN6 3QX.
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
Depreciation is provided by the company to write off the cost less the estimated residual value of its tangible fixed assets by equal annual instalments over their estimated useful lives as follows;
Furniture, Fixtures & Fittings - 4 years
Office equipment - 5 years
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties.
South Park Investments (lincoln) Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2023
16,171
1,394
17,565
At 31 December 2023
16,171
1,394
17,565
At 1 January 2023
16,171
1,394
17,565
At 31 December 2023
16,171
1,394
17,565
Fair value at 1 January 2023
335,993
At 31 December 2023
335,993
6
Investments
Other investments
Valuation at 1 January 2023
98,773
Valuation at 31 December 2023
98,773
Investments comprise:
Participating interests: £2,549 (2022: £2,549)
Other investments not loans £34,040 (2022: £34,040)
Loans £62,184 (2022 £62,184)
Participating Interests comprise:
Bookminder Ltd: £33 (33% shareholding)
Kingswater Lindum Ltd: £2,500 (25% shareholding)
EB (Lincoln) Ltd: £16 (16% shareholding)
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
4,445
3,679
Other creditors
105,554
106,922
Creditors comprise:
Accruals: £0 (2022: £0)
Taxation: £4,445(2021: £3,679)
Loan from director: £105,554 (2021: £106,922)
South Park Investments (lincoln) Limited
Notes to the Accounts
for the year ended 31 December 2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
Included in creditors is a loan from Mr H F F Kok, the sole director, of £105,554 (2022: £106,922)
The company is controlled by Mr H F F Kok.
11
Average number of employees
During the year the average number of employees was 0 (2022: 0).