Registered number: 06902644 | ||||||||
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 | ||||||||
REGISTERED OFFICE | ||||||||
Oxon | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Intangible assets | 3 | |||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
150,456 | 112,616 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 49,566 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 95,231 | 78,091 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Fixtures and Fittings | reducing balance 25% | |||||||
Equipment | reducing balance 25% | |||||||
Motor Cars | reducing 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 | ||||||||
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 6 | |||||
Parkway Lettings Ltd | ||||||||
3. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 01/06/2023 | 74,500 | 74,500 | ||
At 31/05/2024 | 74,500 | 74,500 | ||
Depreciation | ||||
At 01/06/2023 | 55,300 | 55,300 | ||
For the year | 3,200 | 3,200 | ||
At 31/05/2024 | 58,500 | 58,500 | ||
Net Book Amounts | ||||
At 31/05/2024 | ||||
At 31/05/2023 | ||||
4. TANGIBLE FIXED ASSETS | ||||||||
Fixtures | ||||||||
and Fittings | Equipment | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/06/2023 | 20,000 | 4,495 | 21,174 | 45,669 | ||||
Additions | 2,844 | 2,958 | - | 5,802 | ||||
At 31/05/2024 | 22,844 | 7,453 | 21,174 | 51,471 | ||||
Depreciation | ||||||||
At 01/06/2023 | 13,672 | 3,893 | 18,679 | 36,244 | ||||
For the year | 2,293 | 890 | 624 | 3,807 | ||||
At 31/05/2024 | 15,965 | 4,783 | 19,303 | 40,051 | ||||
Net Book Amounts | ||||||||
At 31/05/2024 | 11,420 | |||||||
At 31/05/2023 | 9,425 | |||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
PAYE control | - | 380 | ||||||
Other debtors | 45,673 | 58,598 | ||||||
Prepayments | 3,019 | 3,515 | ||||||
48,692 | 62,493 | |||||||
Parkway Lettings Ltd | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 30,907 | 20,711 | ||||||
VAT | 12,835 | 10,599 | ||||||
PAYE control | 744 | - | ||||||
Salaries and wages control | 1,334 | - | ||||||
D Doran | 707 | 161 | ||||||
Other creditors | 29,551 | 29,551 | ||||||
Misc creditors | 4,200 | - | ||||||
Pension schemes | 242 | 263 | ||||||
Accruals | 1,765 | 1,765 | ||||||
82,285 | 63,050 | |||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
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. | ||||||||