Company Registration No. 13952228 (England and Wales)
Armley Park Development Limited
Unaudited accounts
for the year ended 31 May 2024
Armley Park Development Limited
Unaudited accounts
Contents
Armley Park Development Limited
Company Information
for the year ended 31 May 2024
Company Number
13952228 (England and Wales)
Registered Office
Tower Court
Armley Road
Leeds
LS12 2LY
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
Armley Park Development Limited
Statement of financial position
as at 31 May 2024
Inventories
1,187,402
1,094,208
Cash at bank and in hand
54,124
31,723
Creditors: amounts falling due within one year
(4,782)
(8,932)
Net current assets
1,252,443
1,120,972
Total assets less current liabilities
1,252,443
1,120,972
Creditors: amounts falling due after more than one year
(1,239,026)
(1,126,026)
Net assets/(liabilities)
13,417
(5,054)
Called up share capital
12
12
Profit and loss account
13,405
(5,066)
Shareholders' funds
13,417
(5,054)
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 27 February 2025 and were signed on its behalf by
Michael Aspinall
Director
Company Registration No. 13952228
Armley Park Development Limited
Notes to the Accounts
for the year ended 31 May 2024
Armley Park Development Limited is a private company, limited by shares, registered in England and Wales, registration number 13952228. The registered office is Tower Court, Armley Road, Leeds, LS12 2LY.
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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,407
-
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
562,250
562,250
Other creditors
676,776
563,776
Included in long term creditors is a bank loan with a first charge secured on the property.
Armley Park Development Limited
Notes to the Accounts
for the year ended 31 May 2024
7
Transactions with related parties
In the period the business received a loan of £5,000 (£5,000 - 2023) from Aspinall Holdings Limited, a related company, £549,352 (£549,352 - 2023) from NPP Homes a related company, £107,924 (£9,424 - 2023) from NPP Group a connected company and £14,500 (£0 - 2023) from HBA Investments Limited a connected company. All loans are interest free and repayable on demand.
Aspinall Group Limited, Tower Court, Armley Road, Leeds, LS12 2LY
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).