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Registered number: 09565297

Parkline Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Parkline Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
Judah Lappe
REGISTERED OFFICE
20-22 Wenlock Road
London
N1 7GU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09565297
BANKERS
Barclays
ACCOUNTANTS
Albeck Limited
Chartered Accountants
49 Mowbray Road
Edgware
Middlesex
HA8 8JL

Parkline Limited

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Parkline Limited

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Tangible assets32,9254,387
CURRENT ASSETS
Debtors46,7009,206
Cash at bank and in hand1,24635
7,9469,241
CREDITORS: Amounts falling due within one year51,165806
NET CURRENT ASSETS6,7818,435
TOTAL ASSETS LESS CURRENT LIABILITIES9,70612,822
CREDITORS: Amounts falling due after more than one year619,93320,998
NET LIABILITIES(10,227)(8,176)
CAPITAL AND RESERVES
Called up share capital711
Profit and loss account(10,228)(8,177)
SHAREHOLDERS' FUNDS(10,227)(8,176)
For the year ending 30/04/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/11/2024 and signed on their behalf by
.............................
Judah Lappe
Director

Parkline Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 33%
2. EMPLOYEES
20242023
No.No.
Average number of employees--
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/05/202310,07010,070
At 30/04/202410,07010,070
Depreciation
At 01/05/20235,6835,683
For the year1,4621,462
At 30/04/20247,1457,145
Net Book Amounts
At 30/04/20242,9252,925
At 30/04/20234,3874,387

Parkline Limited

4. DEBTORS 20242023
££
Amounts falling due within one year
UK corporation tax3737
Prepayments6,6639,169
6,7009,206
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Other creditors38586
Accruals780720
1,165806
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr19,93320,998
19,93320,998
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
8. CONTROLLING PARTY
The company is controlled by J. Lappe, the director, by virtue of the fact that he holds 100% of the company's issued and called up voting share capital.

Parkline Limited

9. RELATED PARTY TRANSACTIONS
During the year, certain loans were advanced to the company by the director, J. Lappe. The loans are interest free and repayable on demand. At the year end, the balance due to the director totalled £385 (2023: £85).