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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
Page
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Armley Park Development Limited Company Information for the year ended 31 May 2024
Director
Michael Aspinall
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
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Armley Park Development Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Inventories
1,187,402 
1,094,208 
Debtors
15,699 
3,973 
Cash at bank and in hand
54,124 
31,723 
1,257,225 
1,129,904 
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)
Capital and reserves
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
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Armley Park Development Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
9,287 
3,961 
Other debtors
6,412 
12 
15,699 
3,973 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
4,407 
- 
Accruals
375 
375 
Deferred income
- 
8,557 
4,782 
8,932 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
562,250 
562,250 
Other creditors
676,776 
563,776 
1,239,026 
1,126,026 
Included in long term creditors is a bank loan with a first charge secured on the property.
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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.
8
Controlling party
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).
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