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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
Page
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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
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Park Lane Technologies Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
168,801 
169,305 
Investments
12,403 
12,403 
181,204 
181,708 
Current assets
Debtors
501 
- 
Cash at bank and in hand
22,215 
17,604 
22,716 
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)
Capital and reserves
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
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Park Lane Technologies Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
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 
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Park Lane Technologies Limited Notes to the Accounts for the year ended 31 March 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
501 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
(169)
Trade creditors
610 
524 
Taxes and social security
1,170 
376 
Loans from directors
285,076 
285,902 
Accruals
495 
495 
287,351 
287,128 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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