PARKES CONSTRUCTION LIMITED

Company Registration Number:
07460386 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

PARKES CONSTRUCTION LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

PARKES CONSTRUCTION LIMITED

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 123,277 140,472
Total fixed assets: 123,277 140,472
Current assets
Stocks: 1,659,016 1,519,961
Debtors:   329,063 728,951
Cash at bank and in hand: 13,061 22,162
Total current assets: 2,001,140 2,271,074
Creditors: amounts falling due within one year:   (556,887) (878,974)
Net current assets (liabilities): 1,444,253 1,392,100
Total assets less current liabilities: 1,567,530 1,532,572
Creditors: amounts falling due after more than one year:   (313,905) (336,309)
Total net assets (liabilities): 1,253,625 1,196,263
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,253,624 1,196,262
Shareholders funds: 1,253,625 1,196,263

The notes form part of these financial statements

PARKES CONSTRUCTION LIMITED

Balance sheet statements

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 June 2024
and signed on behalf of the board by:

Name: G S BHELLA
Status: Director

The notes form part of these financial statements

PARKES CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PARKES CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

PARKES CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 228,284
Disposals (26,250)
At 31 March 2024 202,034
Depreciation
At 01 April 2023 87,812
Charge for year 6,121
On disposals (15,176)
At 31 March 2024 78,757
Net book value
At 31 March 2024 123,277
At 31 March 2023 140,472