PTP Accounts Production v24.1.0.578 11424041 director 1.7.23 30.6.24 30.6.24 false true false false true false Ordinary Shares 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114240412023-06-30114240412024-06-30114240412023-07-012024-06-30114240412022-06-30114240412022-07-012023-06-30114240412023-06-3011424041ns15:EnglandWales2023-07-012024-06-3011424041ns14:PoundSterling2023-07-012024-06-3011424041ns10:Director12023-07-012024-06-3011424041ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3011424041ns10:SmallEntities2023-07-012024-06-3011424041ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3011424041ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3011424041ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3011424041ns10:FullAccounts2023-07-012024-06-3011424041ns10:OrdinaryShareClass12023-07-012024-06-3011424041ns10:OrdinaryShareClass22023-07-012024-06-3011424041ns10:CompanySecretary12023-07-012024-06-3011424041ns10:RegisteredOffice2023-07-012024-06-3011424041ns5:CurrentFinancialInstruments2024-06-3011424041ns5:CurrentFinancialInstruments2023-06-3011424041ns5:Non-currentFinancialInstruments2024-06-3011424041ns5:Non-currentFinancialInstruments2023-06-3011424041ns5:ShareCapital2024-06-3011424041ns5:ShareCapital2023-06-3011424041ns5:RetainedEarningsAccumulatedLosses2024-06-3011424041ns5:RetainedEarningsAccumulatedLosses2023-06-3011424041ns5:PlantMachinery2023-06-3011424041ns5:MotorVehicles2023-06-3011424041ns5:ComputerEquipment2023-06-3011424041ns5:PlantMachinery2023-07-012024-06-3011424041ns5:MotorVehicles2023-07-012024-06-3011424041ns5:ComputerEquipment2023-07-012024-06-3011424041ns5:PlantMachinery2024-06-3011424041ns5:MotorVehicles2024-06-3011424041ns5:ComputerEquipment2024-06-3011424041ns5:PlantMachinery2023-06-3011424041ns5:MotorVehicles2023-06-3011424041ns5:ComputerEquipment2023-06-3011424041ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3011424041ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3011424041ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-06-3011424041ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-06-3011424041ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-06-3011424041ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-06-3011424041ns5:DeferredTaxation2023-06-3011424041ns5:DeferredTaxation2023-07-012024-06-3011424041ns5:DeferredTaxation2024-06-3011424041ns10:OrdinaryShareClass12024-06-3011424041ns10:OrdinaryShareClass22024-06-30
REGISTERED NUMBER: 11424041 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Parkstone Building Services Limited

Parkstone Building Services Limited (Registered number: 11424041)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Parkstone Building Services Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr R Hodgett





SECRETARY: Miss S Elliott





REGISTERED OFFICE: 1580a Oak View
Melton Road
Queniborough
Leicestershire
LE7 3FN





REGISTERED NUMBER: 11424041 (England and Wales)





ACCOUNTANTS: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB

Parkstone Building Services Limited (Registered number: 11424041)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,691 15,100

CURRENT ASSETS
Stocks 5 219,439 48,000
Debtors 6 12,130 1,580
Cash at bank 17,724 272,973
249,293 322,553
CREDITORS
Amounts falling due within one year 7 54,275 119,011
NET CURRENT ASSETS 195,018 203,542
TOTAL ASSETS LESS CURRENT
LIABILITIES

207,709

218,642

CREDITORS
Amounts falling due after more than one year 8 (13,180 ) (21,836 )

PROVISIONS FOR LIABILITIES 10 (2,411 ) (2,869 )
NET ASSETS 192,118 193,937

CAPITAL AND RESERVES
Called up share capital 11 110 110
Retained earnings 192,008 193,827
SHAREHOLDERS' FUNDS 192,118 193,937

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Parkstone Building Services Limited (Registered number: 11424041)

Balance Sheet - continued
30 June 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 March 2025 and were signed by:





Mr R Hodgett - Director


Parkstone Building Services Limited (Registered number: 11424041)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Parkstone Building Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value, net of value added tax and discounts, of work carried out in respect of services provided to customers.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each assets over its expected useful life, as follow:

Plant and machinery - 20% Reducing balance basis
Motor vehicles - 25% Reducing balance Basis
Computer equipment - 33.33% Reducing balance basis

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Parkstone Building Services Limited (Registered number: 11424041)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 959 34,845 1,185 36,989
Additions 1,687 - - 1,687
At 30 June 2024 2,646 34,845 1,185 38,676
DEPRECIATION
At 1 July 2023 192 20,778 919 21,889
Charge for year 491 3,516 89 4,096
At 30 June 2024 683 24,294 1,008 25,985
NET BOOK VALUE
At 30 June 2024 1,963 10,551 177 12,691
At 30 June 2023 767 14,067 266 15,100

5. STOCKS
30.6.24 30.6.23
£    £   
Stocks 1,000 -
Work-in-progress 218,439 48,000
219,439 48,000

Parkstone Building Services Limited (Registered number: 11424041)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 12,023 1,527
Other debtors 107 53
12,130 1,580

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts (see note 9) 8,655 8,655
Trade creditors 21,631 18,861
Taxation and social security 19,602 88,663
Other creditors 4,387 2,832
54,275 119,011

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Bank loans (see note 9) 13,180 21,836

9. LOANS

An analysis of the maturity of loans is given below:

30.6.24 30.6.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 8,655 8,655

Amounts falling due between one and two years:
Bank loans - 1-2 years 8,655 8,655

Amounts falling due between two and five years:
Bank loans - 2-5 years 4,525 13,181

10. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 2,411 2,869

Parkstone Building Services Limited (Registered number: 11424041)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2023 2,869
Credit to Income Statement during year (458 )
Balance at 30 June 2024 2,411

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
100 Ordinary Shares £1 100 100
10 Ordinary B £1 10 10
110 110

12. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £1,594 - (2023 - £119) due to the director. The amount due to the director is interest free and repayable on demand.

13. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R Hodgett.