06902644falseLetting agency2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:Director12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-05-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-06-012024-05-31http://www.companieshouse.gov.uk/pt:MotorCars2023-05-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:MotorCars2024-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2024-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-05-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-06-012024-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/2023-06-012024-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FRS1022023-06-012024-05-31http://www.companieshouse.gov.uk/2024-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-06-012024-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-06-012024-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06902644

Parkway Lettings Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024

Prepared By:
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

Parkway Lettings Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
DIRECTORS
D Doran
REGISTERED OFFICE
184a Broadway
Didcot
Oxon
OX11 8RN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06902644
ACCOUNTANTS
DBR Accounts Ltd
Association of Chartered Certified Accountants
1 Station Court
Station Approach
Wickford
Essex
SS11 7AT

Parkway Lettings Ltd

ACCOUNTS
FOR THEYEARENDED31/05/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Parkway Lettings Ltd

BALANCE SHEET AT 31/05/2024
20242023
Notes££
FIXED ASSETS
Intangible assets316,00019,200
Tangible assets411,4209,425
27,42028,625
CURRENT ASSETS
Debtors548,69262,493
Cash at bank and in hand101,76450,123
150,456112,616
CREDITORS: Amounts falling due within one year682,54563,050
NET CURRENT ASSETS67,91149,566
TOTAL ASSETS LESS CURRENT LIABILITIES95,33178,191
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account95,23178,091
SHAREHOLDERS' FUNDS95,33178,191
For the year ending 31/05/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 11/02/2025 and signed on their behalf by
.............................
D Doran
Director

Parkway Lettings Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 25%
Equipmentreducing balance 25%
Motor Carsreducing balance 25%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20242023
No.No.
Average number of employees66

Parkway Lettings Ltd

3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/06/202374,50074,500
At 31/05/202474,50074,500
Depreciation
At 01/06/202355,30055,300
For the year3,2003,200
At 31/05/202458,50058,500
Net Book Amounts
At 31/05/202416,00016,000
At 31/05/202319,20019,200
4. TANGIBLE FIXED ASSETS
Fixtures
and FittingsEquipmentMotor CarsTotal
££££
Cost
At 01/06/202320,0004,49521,17445,669
Additions2,8442,958-5,802
At 31/05/202422,8447,45321,17451,471
Depreciation
At 01/06/202313,6723,89318,67936,244
For the year2,2938906243,807
At 31/05/202415,9654,78319,30340,051
Net Book Amounts
At 31/05/20246,8792,6701,87111,420
At 31/05/20236,3286022,4959,425
5. DEBTORS 20242023
££
Amounts falling due within one year
PAYE control-380
Other debtors45,67358,598
Prepayments3,0193,515
48,69262,493

Parkway Lettings Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax30,90720,711
VAT12,83510,599
PAYE control744-
Salaries and wages control1,334-
D Doran707161
Other creditors29,55129,551
Misc creditors4,200-
Pension schemes242263
Accruals1,7651,765
82,28563,050
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
8. CONTROLLING PARTY
Mr D Doran is the ultimate controlling party by virtue of his sole directorship and majority ownership of the issued share capital.