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REGISTERED NUMBER: 12374221 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Park Zone Limited

Park Zone Limited (Registered number: 12374221)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Park Zone Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: J Plinston





REGISTERED OFFICE: Suite 180 Courthill House
60 Water Lane
Wilmslow
Cheshire
SK9 5AJ





REGISTERED NUMBER: 12374221 (England and Wales)





ACCOUNTANTS: EBA
Ground Floor
Rear Barn
The Brookdale Centre
Knutsford
Cheshire
WA16 0SR

Park Zone Limited (Registered number: 12374221)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 8,206 4,151

CURRENT ASSETS
Debtors 5 20,854 23,530
Cash at bank 3,218 48,261
24,072 71,791
CREDITORS
Amounts falling due within one year 6 24,691 60,302
NET CURRENT (LIABILITIES)/ASSETS (619 ) 11,489
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,587

15,640

CREDITORS
Amounts falling due after more than one
year

7

(13,000

)

-

PROVISIONS FOR LIABILITIES (744 ) (1,101 )
NET (LIABILITIES)/ASSETS (6,157 ) 14,539

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (6,158 ) 14,538
(6,157 ) 14,539

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Park Zone Limited (Registered number: 12374221)

Balance Sheet - continued
31 December 2023


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 24 September 2024 and were signed by:





J Plinston - Director


Park Zone Limited (Registered number: 12374221)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Park Zone Limited is a private company, limited by shares , registered in England and Wales. 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.

The company is able to meet its day to day trading needs with the ongoing support of its creditors and, as such, the director considers that the company is trading as a going concern.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

Park Zone Limited (Registered number: 12374221)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2023 6,508
Additions 7,995
At 31 December 2023 14,503
DEPRECIATION
At 1 January 2023 2,357
Charge for year 3,940
At 31 December 2023 6,297
NET BOOK VALUE
At 31 December 2023 8,206
At 31 December 2022 4,151

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade debtors 12,766 23,517
Other debtors 8,088 13
20,854 23,530

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade creditors 9,977 2,279
Taxation and social security 6,394 45,542
Other creditors 8,320 12,481
24,691 60,302

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£ £
Other creditors 13,000 -

8. ULTIMATE CONTROLLING PARTY

The controlling party is J Plinston.