IRIS Accounts Production v24.2.0.383 11684650 Board of Directors 1.12.22 30.11.23 30.11.23 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116846502022-11-30116846502023-11-30116846502022-12-012023-11-30116846502021-11-30116846502021-12-012022-11-30116846502022-11-3011684650ns15:EnglandWales2022-12-012023-11-3011684650ns14:PoundSterling2022-12-012023-11-3011684650ns10:Director12022-12-012023-11-3011684650ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011684650ns10:SmallEntities2022-12-012023-11-3011684650ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3011684650ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011684650ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011684650ns10:FullAccounts2022-12-012023-11-3011684650ns10:OrdinaryShareClass12022-12-012023-11-3011684650ns10:Director22022-12-012023-11-3011684650ns10:RegisteredOffice2022-12-012023-11-3011684650ns5:CurrentFinancialInstruments2023-11-3011684650ns5:CurrentFinancialInstruments2022-11-3011684650ns5:Non-currentFinancialInstruments2023-11-3011684650ns5:Non-currentFinancialInstruments2022-11-3011684650ns5:ShareCapital2023-11-3011684650ns5:ShareCapital2022-11-3011684650ns5:RetainedEarningsAccumulatedLosses2023-11-3011684650ns5:RetainedEarningsAccumulatedLosses2022-11-3011684650ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3011684650ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3011684650ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 11684650 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

PARKSTONE PROJECT MANAGEMENT LIMITED

PARKSTONE PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 11684650)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PARKSTONE PROJECT MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr J Berger
Mr S Schapira





REGISTERED OFFICE: 105 Eade Road
OCC Building A
2nd Floor Unit 11D
London
N4 1TJ





REGISTERED NUMBER: 11684650 (England and Wales)





ACCOUNTANTS: DAS Accounting & Partners (UK) LLP
105 Eade Road
OCC Building A
2nd Floor Unit 11D
London
N4 1TJ

PARKSTONE PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 11684650)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 147,015 93,015
Cash at bank 15,626 100
162,641 93,115
CREDITORS
Amounts falling due within one year 6 (69,141 ) (18,380 )
NET CURRENT ASSETS 93,500 74,735
TOTAL ASSETS LESS CURRENT
LIABILITIES

93,500

74,735

CREDITORS
Amounts falling due after more than one
year

7

(32,658

)

(37,856

)
NET ASSETS 60,842 36,879

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 60,742 36,779
SHAREHOLDERS' FUNDS 60,842 36,879

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:




Mr S Schapira - Director


PARKSTONE PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 11684650)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Parkstone Project Management 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The directors do not consider there are any critical judgments or sources of estimation uncertainty requiring disclosure beyond the accounting policies listed below.

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

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


PARKSTONE PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 11684650)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 147,015 93,015

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 2,072 -
Taxation 6,750 225
Other creditors 55,319 13,155
69,141 18,380

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 32,658 37,856

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 3,593 9,631

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100

PARKSTONE PROJECT MANAGEMENT LIMITED (REGISTERED NUMBER: 11684650)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

9. RELATED PARTY DISCLOSURES

Other debtors include amounts of £144,615 (2022: £75,615) due from companies which have a director in common with the company.

Other creditors include amounts of £32,859 (2022: £1,444) owed to companies which have a director in common with the company.

No transactions with related parties, other than disclosed above, were undertaken such as are required to be disclosed under FRS102.