IRIS Accounts Production v24.3.0.553 08123738 director 1.7.23 30.6.24 30.6.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081237382023-06-30081237382024-06-30081237382023-07-012024-06-30081237382022-06-30081237382022-07-012023-06-30081237382023-06-3008123738ns15:EnglandWales2023-07-012024-06-3008123738ns14:PoundSterling2023-07-012024-06-3008123738ns10:Director12023-07-012024-06-3008123738ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3008123738ns10:SmallEntities2023-07-012024-06-3008123738ns10:AuditExemptWithAccountantsReport2023-07-012024-06-3008123738ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3008123738ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3008123738ns10:FullAccounts2023-07-012024-06-3008123738ns10:RegisteredOffice2023-07-012024-06-3008123738ns5:CurrentFinancialInstruments2024-06-3008123738ns5:CurrentFinancialInstruments2023-06-3008123738ns5:ShareCapital2024-06-3008123738ns5:ShareCapital2023-06-3008123738ns5:RetainedEarningsAccumulatedLosses2024-06-3008123738ns5:RetainedEarningsAccumulatedLosses2023-06-3008123738ns5:FurnitureFittings2023-07-012024-06-3008123738ns5:FurnitureFittings2023-06-3008123738ns5:MotorVehicles2023-06-3008123738ns5:ComputerEquipment2023-06-3008123738ns5:MotorVehicles2023-07-012024-06-3008123738ns5:ComputerEquipment2023-07-012024-06-3008123738ns5:FurnitureFittings2024-06-3008123738ns5:MotorVehicles2024-06-3008123738ns5:ComputerEquipment2024-06-3008123738ns5:FurnitureFittings2023-06-3008123738ns5:MotorVehicles2023-06-3008123738ns5:ComputerEquipment2023-06-3008123738ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3008123738ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-30
REGISTERED NUMBER: 08123738 (England and Wales)


















Retail Parking Solutions (UK) Limited

Unaudited Financial Statements

for the Year Ended 30th June 2024






Retail Parking Solutions (UK) Limited (Registered number: 08123738)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Retail Parking Solutions (UK) Limited

Company Information
for the Year Ended 30th June 2024







DIRECTOR: G W Tucker





REGISTERED OFFICE: 12 Bridgford Road
West Bridgford
Nottingham
NG2 6AB





REGISTERED NUMBER: 08123738 (England and Wales)





ACCOUNTANTS: Brooks Mayfield Limited
Chartered Accountants
12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Retail Parking Solutions (UK) Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Retail Parking Solutions (UK) Limited for the year ended 30th June 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Retail Parking Solutions (UK) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Retail Parking Solutions (UK) Limited and state those matters that we have agreed to state to the director of Retail Parking Solutions (UK) Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Retail Parking Solutions (UK) Limited and its director for our work or for this report.

It is your duty to ensure that Retail Parking Solutions (UK) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Retail Parking Solutions (UK) Limited. You consider that Retail Parking Solutions (UK) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Retail Parking Solutions (UK) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Brooks Mayfield Limited
Chartered Accountants
12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB


Date: .............................................

Retail Parking Solutions (UK) Limited (Registered number: 08123738)

Balance Sheet
30th June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 23,505 382

CURRENT ASSETS
Debtors 6 3,667 5,790
Cash at bank 136,431 128,733
140,098 134,523
CREDITORS
Amounts falling due within one year 7 (176,103 ) (151,302 )
NET CURRENT LIABILITIES (36,005 ) (16,779 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,500

)

(16,397

)

PROVISIONS FOR LIABILITIES (4,466 ) (73 )
NET LIABILITIES (16,966 ) (16,470 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (17,066 ) (16,570 )
SHAREHOLDERS' FUNDS (16,966 ) (16,470 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Retail Parking Solutions (UK) Limited (Registered number: 08123738)

Balance Sheet - continued
30th June 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25th November 2024 and were signed by:





G W Tucker - Director


Retail Parking Solutions (UK) Limited (Registered number: 08123738)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. STATUTORY INFORMATION

Retail Parking Solutions (UK) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Retail Parking Solutions (UK) Limited (Registered number: 08123738)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st July 2023 3,431 - 860 4,291
Additions - 31,000 - 31,000
At 30th June 2024 3,431 31,000 860 35,291
DEPRECIATION
At 1st July 2023 3,431 - 478 3,909
Charge for year - 7,750 127 7,877
At 30th June 2024 3,431 7,750 605 11,786
NET BOOK VALUE
At 30th June 2024 - 23,250 255 23,505
At 30th June 2023 - - 382 382

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,125 2,269
Other debtors 2,542 3,521
3,667 5,790

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 36,281 8,252
Trade creditors 521 1,617
Amounts owed to participating interests 64,560 65,408
Taxation and social security 1,306 493
Other creditors 73,435 75,532
176,103 151,302