1 September 2022 false No description of principal activity Taxfiler 2024.6 11284584business:PrivateLimitedCompanyLtd2022-09-012023-08-31 112845842022-08-31 112845842022-09-012023-08-31 11284584business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 11284584business:FilletedAccounts2022-09-012023-08-31 112845842023-08-31 11284584business:Director12022-09-012023-08-31 11284584business:Director22022-09-012023-08-31 11284584business:RegisteredOffice2022-09-012023-08-31 112845842022-08-31 11284584core:WithinOneYear2023-08-31 11284584core:WithinOneYear2022-08-31 11284584core:AfterOneYear2023-08-31 11284584core:AfterOneYear2022-08-31 11284584core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 11284584core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 11284584core:SharePremiumcore:PreviouslyStatedAmount2023-08-31 11284584core:SharePremiumcore:PreviouslyStatedAmount2022-08-31 11284584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 11284584core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 11284584core:PreviouslyStatedAmount2023-08-31 11284584core:PreviouslyStatedAmount2022-08-31 11284584business:SmallEntities2022-09-012023-08-31 11284584countries:EnglandWales2022-09-012023-08-31 112845842021-09-012022-08-31 iso4217:GBP xbrli:pure
Company Registration No. 11284584 (England and Wales)
EREC Parkside Developments Ltd Unaudited accounts for the year ended 31 August 2023
EREC Parkside Developments Ltd Unaudited accounts Contents
Page
- 2 -
EREC Parkside Developments Ltd Company Information for the year ended 31 August 2023
Directors
Mr W Gu Mr A Jamieson
Company Number
11284584 (England and Wales)
Registered Office
8TH FLOOR EATON HOUSE 1 EATON ROAD COVENTRY CV1 2FJ ENGLAND
- 3 -
EREC Parkside Developments Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
580,000 
580,000 
Current assets
Debtors
39,256 
39,256 
Cash at bank and in hand
- 
1,164 
39,256 
40,420 
Creditors: amounts falling due within one year
(12,620)
(11,380)
Net current assets
26,636 
29,040 
Total assets less current liabilities
606,636 
609,040 
Creditors: amounts falling due after more than one year
(34,253)
(35,048)
Net assets
572,383 
573,992 
Capital and reserves
Called up share capital
10 
10 
Share premium
599,992 
599,992 
Profit and loss account
(27,619)
(26,010)
Shareholders' funds
572,383 
573,992 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 11 November 2024 and were signed on its behalf by
Mr W Gu Director Company Registration No. 11284584
- 4 -
EREC Parkside Developments Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
EREC Parkside Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11284584. The registered office is 8TH FLOOR EATON HOUSE, 1 EATON ROAD, COVENTRY, CV1 2FJ, ENGLAND.
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.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 September 2022
580,000 
Valuation at 31 August 2023
580,000 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,017 
9,017 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
30,239 
30,239 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,480 
9,480 
Accruals
3,140 
1,900 
12,620 
11,380 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
34,253 
35,048 
- 5 -
EREC Parkside Developments Ltd Notes to the Accounts for the year ended 31 August 2023
8
Transactions with related parties
Summary of transactions with entities with joint or significant control. Owed to Uninn Parkside Development Limited £30,239 (2022 £30,239).
9
Controlling party
the ultimate controlling party is MR Brian Cheung.
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).
- 6 -