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REGISTERED NUMBER: 07209611













PARK ESTATE INVESTMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024






PARK ESTATE INVESTMENTS LIMITED (REGISTERED NUMBER: 07209611)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


PARK ESTATE INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2024







DIRECTORS: Mr. A D Giles
Mr R Williams





SECRETARY: Mr. A D Giles





REGISTERED OFFICE: 11-13 Penhill Road
Cardiff
CF11 9PQ





REGISTERED NUMBER: 07209611





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

PARK ESTATE INVESTMENTS LIMITED (REGISTERED NUMBER: 07209611)

STATEMENT OF FINANCIAL POSITION
5 APRIL 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 8,087,903 8,087,903

CURRENT ASSETS
Debtors 5 66,164 59,276
Cash at bank 352,520 330,127
418,684 389,403
CREDITORS
Amounts falling due within one year 6 234,856 269,972
NET CURRENT ASSETS 183,828 119,431
TOTAL ASSETS LESS CURRENT LIABILITIES 8,271,731 8,207,334

CREDITORS
Amounts falling due after more than one year 7 7,118,668 7,186,648
NET ASSETS 1,153,063 1,020,686

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 1,152,963 1,020,586
SHAREHOLDERS' FUNDS 1,153,063 1,020,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2024 and were signed on its behalf by:




Mr. A D Giles - Director


PARK ESTATE INVESTMENTS LIMITED (REGISTERED NUMBER: 07209611)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024


1. STATUTORY INFORMATION

Park Estate Investments Limited is a private company, limited by shares , registered in Not specified/Other. 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.

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold
property
£
COST
At 6 April 2023
and 5 April 2024 8,087,903
NET BOOK VALUE
At 5 April 2024 8,087,903
At 5 April 2023 8,087,903

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 45,459 29,346
Other debtors 20,705 29,930
66,164 59,276

PARK ESTATE INVESTMENTS LIMITED (REGISTERED NUMBER: 07209611)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 10,000 -
Trade creditors 13,476 98,664
Taxation and social security 46,190 17,360
Other creditors 165,190 153,948
234,856 269,972

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 867,500 907,796
Other creditors 6,251,168 6,278,852
7,118,668 7,186,648

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100