IRIS Accounts Production v24.3.2.46 14929312 Board of Directors Board of Directors 12.6.23 30.6.24 30.6.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh149293122023-06-11149293122024-06-30149293122023-06-122024-06-30149293122023-06-1114929312ns15:EnglandWales2023-06-122024-06-3014929312ns14:PoundSterling2023-06-122024-06-3014929312ns10:Director12023-06-122024-06-3014929312ns10:Director22023-06-122024-06-3014929312ns10:PrivateLimitedCompanyLtd2023-06-122024-06-3014929312ns10:SmallEntities2023-06-122024-06-3014929312ns10:AuditExempt-NoAccountantsReport2023-06-122024-06-3014929312ns10:SmallCompaniesRegimeForDirectorsReport2023-06-122024-06-3014929312ns10:SmallCompaniesRegimeForAccounts2023-06-122024-06-3014929312ns10:FullAccounts2023-06-122024-06-3014929312ns5:CurrentFinancialInstruments2024-06-3014929312ns5:Non-currentFinancialInstruments2024-06-3014929312ns5:ShareCapital2024-06-3014929312ns5:RetainedEarningsAccumulatedLosses2024-06-3014929312ns10:RegisteredOffice2023-06-122024-06-3014929312ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-06-3014929312ns5:Secured2024-06-30
REGISTERED NUMBER: 14929312 (England and Wales)














Unaudited Financial Statements

for the Period 12 June 2023 to 30 June 2024

for

Parker & Paulwell Properties Ltd

Parker & Paulwell Properties Ltd (Registered number: 14929312)






Contents of the Financial Statements
for the Period 12 June 2023 to 30 June 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Parker & Paulwell Properties Ltd (Registered number: 14929312)

Balance Sheet
30 June 2024

Notes £    £   
FIXED ASSETS
Investment property 4 375,000

CURRENT ASSETS
Debtors 5 1,300
Cash at bank 534
1,834
CREDITORS
Amounts falling due within one year 6 142,655
NET CURRENT LIABILITIES (140,821 )
TOTAL ASSETS LESS CURRENT LIABILITIES 234,179

CREDITORS
Amounts falling due after more than one year 7 229,775
NET ASSETS 4,404

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 4,304
SHAREHOLDERS' FUNDS 4,404

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

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

The directors acknowledge their 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 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2024 and were signed on its behalf by:




C L Paulwell - Director



I D Parker - Director


Parker & Paulwell Properties Ltd (Registered number: 14929312)

Notes to the Financial Statements
for the Period 12 June 2023 to 30 June 2024

1. STATUTORY INFORMATION

Parker & Paulwell Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14929312

Registered office: Transport Yard
Milton Industrial Estate
Foxley Lane
Stoke-on-Trent
Staffordshire
ST2 7EH

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


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

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 Profit and Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 375,000
At 30 June 2024 375,000
NET BOOK VALUE
At 30 June 2024 375,000

Parker & Paulwell Properties Ltd (Registered number: 14929312)

Notes to the Financial Statements - continued
for the Period 12 June 2023 to 30 June 2024

4. INVESTMENT PROPERTY - continued

The property is stated at cost and, in the opinion of the directors, there has been no significant change in its value at 30th June 2024.

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Trade debtors 1,300

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 3,818
Amounts owed to group undertakings 11,571
Taxation and social security 1,009
Other creditors 126,257
142,655

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans 229,775

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 233,593

There is a fixed and floating charge over the property held in Parker & Paulwell Properties dated 21 December 2023.