Acorah Software Products - Accounts Production 16.2.800 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 04058730 Mr T Price Mrs J Price iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04058730 2023-06-30 04058730 2024-06-30 04058730 2023-07-01 2024-06-30 04058730 frs-core:ShareCapital 2024-06-30 04058730 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04058730 frs-bus:AbridgedAccounts 2023-07-01 2024-06-30 04058730 frs-bus:SmallEntities 2023-07-01 2024-06-30 04058730 frs-bus:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 04058730 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04058730 frs-bus:OrdinaryShareClass1 2023-07-01 2024-06-30 04058730 frs-bus:OrdinaryShareClass1 2024-06-30 04058730 frs-bus:OrdinaryShareClass2 2023-07-01 2024-06-30 04058730 frs-bus:OrdinaryShareClass2 2024-06-30 04058730 frs-bus:OrdinaryShareClass3 2023-07-01 2024-06-30 04058730 frs-bus:OrdinaryShareClass3 2024-06-30 04058730 frs-bus:Director1 2023-07-01 2024-06-30 04058730 frs-bus:Director2 2023-07-01 2024-06-30 04058730 frs-countries:EnglandWales 2023-07-01 2024-06-30 04058730 2022-06-30 04058730 2023-06-30 04058730 2022-07-01 2023-06-30 04058730 frs-core:ShareCapital 2023-06-30 04058730 frs-bus:OrdinaryShareClass1 2022-07-01 2023-06-30 04058730 frs-bus:OrdinaryShareClass2 2022-07-01 2023-06-30 04058730 frs-bus:OrdinaryShareClass3 2022-07-01 2023-06-30
Registered number: 04058730
Park City Holdings Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2024
Contents
Page
Abridged Balance Sheet 1
Notes to the Abridged Financial Statements 2—3
Page 1
Abridged Balance Sheet
Registered number: 04058730
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 1,000 1,000
1,000 1,000
CURRENT ASSETS
Debtors 102 102
102 102
NET CURRENT ASSETS (LIABILITIES) 102 102
TOTAL ASSETS LESS CURRENT LIABILITIES 1,102 1,102
NET ASSETS 1,102 1,102
CAPITAL AND RESERVES
Called up share capital 5 1,102 1,102
SHAREHOLDERS' FUNDS 1,102 1,102
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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 June 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs J Price
Director
25/03/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Abridged Financial Statements
1. General Information
Park City Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04058730 . The registered office is 25 Farringdon Street, London, EC4A 4AB.
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. Going Concern Disclosure
The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Significant judgements and estimations
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Financial Instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. 
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. 
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
2.6. Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Investment Property
2024
£
Fair Value
As at 1 July 2023 and 30 June 2024 1,000
Page 2
Page 3
5. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1,100 Ordinary Shares of £ 1.00 each 1,100 1,100
1 Ordinary A shares of £ 1.00 each 1 1
1 Ordinary B shares of £ 1.00 each 1 1
1,102 1,102
6. Related Party Transactions
During the year the company received dividends of £146,000 (2023: £136,000) from its subsidiary.
At the balance sheet date the company was owed £102 (2023: £102) from its subsidiary.
Page 3