Company Registration No. 00941488 (England and Wales)
PARKMOUNT ESTATE COMPANY (ALLERTON) LIMITED
Unaudited accounts
for the year ended 30 April 2024
PARKMOUNT ESTATE COMPANY (ALLERTON) LIMITED
Unaudited accounts
Contents
PARKMOUNT ESTATE COMPANY (ALLERTON) LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
613,162
762,713
Investment property
3,401,017
3,546,017
Inventories
437,977
404,635
Cash at bank and in hand
2,260
10,078
Creditors: amounts falling due within one year
(283,472)
(162,340)
Net current assets
818,672
648,215
Total assets less current liabilities
4,832,851
4,956,945
Creditors: amounts falling due after more than one year
(232,832)
(224,836)
Provisions for liabilities
Deferred tax
(539,762)
(539,762)
Net assets
4,060,257
4,192,347
Called up share capital
400
400
Revaluation reserve
2,762,521
2,762,521
Profit and loss account
1,297,336
1,429,426
Shareholders' funds
4,060,257
4,192,347
For the year ending 30 April 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 30 January 2025 and were signed on its behalf by
Mr K A Kunz
Director
Company Registration No. 00941488
PARKMOUNT ESTATE COMPANY (ALLERTON) LIMITED
Notes to the Accounts
for the year ended 30 April 2024
PARKMOUNT ESTATE COMPANY (ALLERTON) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00941488. The registered office is GRANGE FARM, ARTHINGTON, OTLEY, WEST YORKSHIRE, LS21 1PY.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Fixtures & fittings
25% reducing balance
PARKMOUNT ESTATE COMPANY (ALLERTON) LIMITED
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
1,591,398
18,680
44,671
1,654,749
Additions
121,088
-
-
121,088
Disposals
(217,392)
-
-
(217,392)
At 30 April 2024
1,495,094
18,680
44,671
1,558,445
At 1 May 2023
864,226
4,670
23,140
892,036
Charge for the year
164,181
4,670
4,340
173,191
On disposals
(119,944)
-
-
(119,944)
At 30 April 2024
908,463
9,340
27,480
945,283
At 30 April 2024
586,631
9,340
17,191
613,162
At 30 April 2023
727,172
14,010
21,531
762,713
Fair value at 1 May 2023
3,546,017
At 30 April 2024
3,401,017
Amounts falling due within one year
Trade debtors
638,878
205,773
Other debtors
15,196
192,119
7
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
114,113
100,487
Trade creditors
117,819
11,804
Taxes and social security
1,507
-
Other creditors
47,833
47,999
Loans from directors
150
-
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
232,832
224,836
PARKMOUNT ESTATE COMPANY (ALLERTON) LIMITED
Notes to the Accounts
for the year ended 30 April 2024
9
Average number of employees
During the year the average number of employees was 3 (2023: 2).