REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 19 APRIL 2023 TO 30 APRIL 2024 |
FOR |
PARK PROPERTY RESIDENTIAL INVESTMENTS |
LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 19 APRIL 2023 TO 30 APRIL 2024 |
FOR |
PARK PROPERTY RESIDENTIAL INVESTMENTS |
LTD |
PARK PROPERTY RESIDENTIAL INVESTMENTS |
LTD (REGISTERED NUMBER: 14813251) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 19 APRIL 2023 TO 30 APRIL 2024 |
Page |
Statement of Financial Position | 1 |
Notes to the Financial Statements | 2 |
PARK PROPERTY RESIDENTIAL INVESTMENTS |
LTD (REGISTERED NUMBER: 14813251) |
STATEMENT OF FINANCIAL POSITION |
30 APRIL 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges her 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 were approved by the director and authorised for issue on |
PARK PROPERTY RESIDENTIAL INVESTMENTS |
LTD (REGISTERED NUMBER: 14813251) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 19 APRIL 2023 TO 30 APRIL 2024 |
1. | STATUTORY INFORMATION |
Park Property Residential Investments Ltd is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
PARK PROPERTY RESIDENTIAL INVESTMENTS |
LTD (REGISTERED NUMBER: 14813251) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 19 APRIL 2023 TO 30 APRIL 2024 |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
At 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
The director is of the opinion that the fair value of the property is not different to the acquisition costs as at 30 April 2024. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
7. | LOANS |
An analysis of the maturity of loans is given below: |
£ |
Amounts falling due within one year or on demand: |
Other loans |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | £1 | 100 |
Ordinary A | £1 | 50 |
Ordinary B | £1 | 50 |
200 |
The following shares were issued during the period for cash at par : |
100 Ordinary shares of £1 |
50 Ordinary A shares of £1 |
50 Ordinary B shares of £1 |
PARK PROPERTY RESIDENTIAL INVESTMENTS |
LTD (REGISTERED NUMBER: 14813251) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 19 APRIL 2023 TO 30 APRIL 2024 |
9. | RELATED PARTY DISCLOSURES |
The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below: |
2024 |
£ |
Amounts owed by/(to) M A Courtney (Director) | (193,244 | ) |
Included in other creditors falling due within one year is an amount owed to the shareholder. The balance owed as at 2024 relates to interest free loans repayable on demand with no fixed repayment terms. |
The controlling party is M A Courtney. |