Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 02725602 Mr Jonathan Bleier Mr Jonathan Bleier true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02725602 2023-06-30 02725602 2024-06-30 02725602 2023-07-01 2024-06-30 02725602 frs-core:CurrentFinancialInstruments 2024-06-30 02725602 frs-core:Non-currentFinancialInstruments 2024-06-30 02725602 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-06-30 02725602 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-07-01 2024-06-30 02725602 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-06-30 02725602 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-06-30 02725602 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 02725602 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-30 02725602 frs-core:ShareCapital 2024-06-30 02725602 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 02725602 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 02725602 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 02725602 frs-bus:SmallEntities 2023-07-01 2024-06-30 02725602 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 02725602 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 02725602 1 2023-07-01 2024-06-30 02725602 frs-bus:Director1 2023-07-01 2024-06-30 02725602 frs-countries:EnglandWales 2023-07-01 2024-06-30 02725602 2022-06-30 02725602 2023-06-30 02725602 2022-07-01 2023-06-30 02725602 frs-core:CurrentFinancialInstruments 2023-06-30 02725602 frs-core:Non-currentFinancialInstruments 2023-06-30 02725602 frs-core:ShareCapital 2023-06-30 02725602 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 02725602
PARKWAY TRADING LIMITED
Unaudited Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 02725602
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 554,715 554,715
554,715 554,715
CURRENT ASSETS
Debtors 5 65,444 65,444
Cash at bank and in hand 88,476 88,064
153,920 153,508
Creditors: Amounts Falling Due Within One Year 6 (234,442 ) (224,442 )
NET CURRENT ASSETS (LIABILITIES) (80,522 ) (70,934 )
TOTAL ASSETS LESS CURRENT LIABILITIES 474,193 483,781
Creditors: Amounts Falling Due After More Than One Year 7 (458,987 ) (469,635 )
NET ASSETS 15,206 14,146
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 15,204 14,144
SHAREHOLDERS' FUNDS 15,206 14,146
Page 1
Page 2
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jonathan Bleier
Director
20th March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PARKWAY TRADING LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 02725602 . The registered office is 86 Queen Elizabeth Walk, London, N16 5UQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Nil
Leasehold Nil
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold Leasehold Total
£ £ £
Cost
As at 1 July 2023 264,336 290,379 554,715
As at 30 June 2024 264,336 290,379 554,715
Net Book Value
As at 30 June 2024 264,336 290,379 554,715
As at 1 July 2023 264,336 290,379 554,715
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 65,444 65,444
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Page 4
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 234,162 224,162
Accruals and deferred income 280 280
234,442 224,442
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 458,987 469,635
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Ultimate Controlling Party
The company's ultimate controlling party is Mr Jonathan Bleier by virtue of his ownership of 100% of the issued share capital in the company.
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