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REGISTERED NUMBER: SC287909 (Scotland)















Report of the Director and

Unaudited Financial Statements for the Year Ended 30th September 2023

for

Parkdale Limited

Parkdale Limited (Registered number: SC287909)

Contents of the Financial Statements
for the Year Ended 30th September 2023










Page

Company Information 1

Report of the Director 2

Report of the Accountants 3

Balance Sheet 4

Notes to the Financial Statements 5


Parkdale Limited

Company Information
for the Year Ended 30th September 2023







DIRECTOR: Mr A Bell





REGISTERED OFFICE: 77/2 Hanover Street
Edinburgh
EH2 1EE





REGISTERED NUMBER: SC287909 (Scotland)





ACCOUNTANTS: McLaughlin Crolla LLP
77/2 Hanover Street
Edinburgh
EH2 1EE

Parkdale Limited (Registered number: SC287909)

Report of the Director
for the Year Ended 30th September 2023


The director presents his report with the financial statements of the company for the year ended 30th September 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of investing.

DIRECTOR
Mr A Bell held office during the whole of the period from 1st October 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr A Bell - Director


20th September 2024

Parkdale Limited

Report of the Accountants to the Director of
Parkdale Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30th September 2023 set out on pages four to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






McLaughlin Crolla LLP
77/2 Hanover Street
Edinburgh
EH2 1EE


20th September 2024

Parkdale Limited (Registered number: SC287909)

Balance Sheet
30th September 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Investments 4 143,687 146,838
Cash at bank 666 2,856
144,353 149,694
CREDITORS
Amounts falling due within one year 5 12,487 7,927
NET CURRENT ASSETS 131,866 141,767
TOTAL ASSETS LESS CURRENT LIABILITIES 131,866 141,767

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 6 (14,572 ) (16,294 )
Retained earnings 146,338 157,961
SHAREHOLDERS' FUNDS 131,866 141,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 20th September 2024 and were signed by:





Mr A Bell - Director


Parkdale Limited (Registered number: SC287909)

Notes to the Financial Statements
for the Year Ended 30th September 2023


1. STATUTORY INFORMATION

Parkdale Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares, which are measured at fair value, with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments
Investments in shares which are publicly traded are included at fair value. Movements in fair value are recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 143,687 146,838

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 10,987 6,487
Accrued expenses 1,500 1,440
12,487 7,927

Parkdale Limited (Registered number: SC287909)

Notes to the Financial Statements - continued
for the Year Ended 30th September 2023


6. RESERVES
Fair
value
reserve
£   
At 1st October 2022 (16,294 )
Movement in year 1,722

At 30th September 2023 (14,572 )