Company registration number 05446536 (England and Wales)
PARKDELTA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
PARKDELTA LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PARKDELTA LIMITED
BALANCE SHEET
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
7,207
12,491
Current assets
Debtors
4
30,133
Cash at bank and in hand
53,421
59,131
83,554
59,131
Creditors: amounts falling due within one year
5
(13,271)
(9,146)
Net current assets
70,283
49,985
Total assets less current liabilities
77,490
62,476
Creditors: amounts falling due after more than one year
6
(8,000)
(12,000)
Net assets
69,490
50,476
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
69,390
50,376
Total equity
69,490
50,476
For the financial year ended 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 5 March 2025
Mr G Clark
Director
Company registration number 05446536 (England and Wales)
PARKDELTA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
- 2 -
1
Accounting policies
Company information
Parkdelta Limited is a private company limited by shares incorporated in England and Wales. The registered office is Gautam House, 1 - 3 Shenley Avenue, Ruislip Manor, Middlesex, HA4 6BP.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Motor vehicles
25% on reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Taxation
The tax expense represents the sum of the tax currently payable.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
PARKDELTA LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2024
- 3 -
3
Tangible fixed assets
Motor vehicles
£
Cost
At 1 June 2023
52,633
Additions
4,150
Disposals
(29,633)
At 31 May 2024
27,150
Depreciation and impairment
At 1 June 2023
40,142
Depreciation charged in the year
2,402
Eliminated in respect of disposals
(22,601)
At 31 May 2024
19,943
Carrying amount
At 31 May 2024
7,207
At 31 May 2023
12,491
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
(1)
Other debtors
30,134
30,133
5
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
11,276
4,712
Other taxation and social security
2,534
Other creditors
1,995
1,900
13,271
9,146
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
8,000
12,000