Company Registration No. 03147990 (England and Wales)
Park Lane Technologies Limited
Unaudited accounts
for the year ended 31 March 2024
Park Lane Technologies Limited
Unaudited accounts
Contents
Park Lane Technologies Limited
Company Information
for the year ended 31 March 2024
Directors
PURNELL, Andrew William Kenneth
PURNELL, Sandra
Secretary
PURNELL, Andrew William Kenneth
Company Number
03147990 (England and Wales)
Registered Office
132 Lower Blandford Road
Broadstone
Dorset
BH18 8NZ
England
Park Lane Technologies Limited
Statement of financial position
as at 31 March 2024
Tangible assets
168,801
169,305
Cash at bank and in hand
22,215
17,604
Creditors: amounts falling due within one year
(287,351)
(287,128)
Net current liabilities
(264,635)
(269,524)
Net liabilities
(83,431)
(87,816)
Called up share capital
2
2
Profit and loss account
(83,433)
(87,818)
Shareholders' funds
(83,431)
(87,816)
For the year ending 31 March 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 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 12 November 2024 and were signed on its behalf by
PURNELL, Sandra
Director
Company Registration No. 03147990
Park Lane Technologies Limited
Notes to the Accounts
for the year ended 31 March 2024
Park Lane Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 03147990. The registered office is 132 Lower Blandford Road, Broadstone, Dorset, BH18 8NZ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
25% reducing balance method
Fixtures & fittings
25% reducing balance method
Computer equipment
25% reducing balance method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
166,784
344
3,819
43,353
214,300
At 31 March 2024
166,784
344
3,819
43,353
214,300
At 1 April 2023
-
298
3,442
41,255
44,995
Charge for the year
-
9
75
420
504
At 31 March 2024
-
307
3,517
41,675
45,499
At 31 March 2024
166,784
37
302
1,678
168,801
At 31 March 2023
166,784
46
377
2,098
169,305
5
Investments
Other investments
Valuation at 1 April 2023
12,403
Valuation at 31 March 2024
12,403
Park Lane Technologies Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,170
376
Loans from directors
285,076
285,902
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).