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Company Registration No. 10737713 (England and Wales)
The Park Legal Ltd Unaudited accounts for the year ended 30 April 2024
The Park Legal Ltd Unaudited accounts Contents
Page
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The Park Legal Ltd Company Information for the year ended 30 April 2024
Director
Peter Wright
Company Number
10737713 (England and Wales)
Registered Office
19 Loves Lane Wingfield Trowbridge Wiltshire BA14 9LE United Kingdom
Accountants
Accounts Studio Ltd 20-22 Wenlock Road London N1 7GU
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The Park Legal Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
489 
1,358 
Current assets
Debtors
18,793 
18,652 
Cash at bank and in hand
105,511 
52,872 
124,304 
71,524 
Creditors: amounts falling due within one year
(81,833)
(59,083)
Net current assets
42,471 
12,441 
Net assets
42,960 
13,799 
Capital and reserves
Called up share capital
12 
12 
Profit and loss account
42,948 
13,787 
Shareholders' funds
42,960 
13,799 
For the year ending 30 April 2024 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 17 October 2024 and were signed on its behalf by
Peter Wright Director Company Registration No. 10737713
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The Park Legal Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
The Park Legal Ltd is a private company, limited by shares, registered in England and Wales, registration number 10737713. The registered office is 19 Loves Lane, Wingfield, Trowbridge, Wiltshire, BA14 9LE, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
2,607 
At 30 April 2024
2,607 
Depreciation
At 1 May 2023
1,249 
Charge for the year
869 
At 30 April 2024
2,118 
Net book value
At 30 April 2024
489 
At 30 April 2023
1,358 
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The Park Legal Ltd Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,421 
16,320 
Other debtors
2,372 
2,332 
18,793 
18,652 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
11,301 
12,352 
Taxes and social security
33,243 
17,350 
Other creditors
1,848 
- 
Loans from directors
35,441 
29,381 
81,833 
59,083 
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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