Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-31false2023-06-01falseNo description of principal activity66trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00643389 2023-06-01 2024-05-31 00643389 2022-06-01 2023-05-31 00643389 2024-05-31 00643389 2023-05-31 00643389 c:CompanySecretary1 2023-06-01 2024-05-31 00643389 c:Director1 2023-06-01 2024-05-31 00643389 c:Director2 2023-06-01 2024-05-31 00643389 c:Director3 2023-06-01 2024-05-31 00643389 c:Director4 2023-06-01 2024-05-31 00643389 c:Director5 2023-06-01 2024-05-31 00643389 c:Director6 2023-06-01 2024-05-31 00643389 c:RegisteredOffice 2023-06-01 2024-05-31 00643389 d:Buildings 2023-06-01 2024-05-31 00643389 d:Buildings 2024-05-31 00643389 d:Buildings 2023-05-31 00643389 d:Buildings d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 00643389 d:PlantMachinery 2023-06-01 2024-05-31 00643389 d:PlantMachinery 2024-05-31 00643389 d:PlantMachinery 2023-05-31 00643389 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 00643389 d:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 00643389 d:CurrentFinancialInstruments 2024-05-31 00643389 d:CurrentFinancialInstruments 2023-05-31 00643389 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 00643389 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 00643389 d:ShareCapital 2024-05-31 00643389 d:ShareCapital 2023-05-31 00643389 d:RetainedEarningsAccumulatedLosses 2024-05-31 00643389 d:RetainedEarningsAccumulatedLosses 2023-05-31 00643389 c:FRS102 2023-06-01 2024-05-31 00643389 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 00643389 c:FullAccounts 2023-06-01 2024-05-31 00643389 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 00643389 d:AcceleratedTaxDepreciationDeferredTax 2024-05-31 00643389 d:AcceleratedTaxDepreciationDeferredTax 2023-05-31 00643389 d:TaxLossesCarry-forwardsDeferredTax 2024-05-31 00643389 d:TaxLossesCarry-forwardsDeferredTax 2023-05-31 00643389 d:OtherDeferredTax 2024-05-31 00643389 d:OtherDeferredTax 2023-05-31 iso4217:GBP xbrli:pure
Company registration number: 00643389







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MAY 2024


PARKSIDE INVESTMENTS (BEACONSFIELD) LIMITED






































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PARKSIDE INVESTMENTS (BEACONSFIELD) LIMITED
 


 
COMPANY INFORMATION


Directors
G. J. Jacobson 
J. D. Peters 
N. J. Peters 
C. H. Peters 
T. E. Peters 
S. C. Locke 




Company secretary
S. C. Locke



Registered number
00643389



Registered office
Unit 2
Fairview Estate

Beech Road

High Wycombe

Buckinghamshire

HP11 1RY




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


PARKSIDE INVESTMENTS (BEACONSFIELD) LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


PARKSIDE INVESTMENTS (BEACONSFIELD) LIMITED
REGISTERED NUMBER:00643389



STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,053,111
1,052,832

  
1,053,111
1,052,832

Current assets
  

Debtors: amounts falling due within one year
 5 
39,343
79,131

Cash at bank and in hand
  
56,523
41,011

  
95,866
120,142

Creditors: amounts falling due within one year
 6 
(36,608)
(36,608)

Net current assets
  
 
 
59,258
 
 
83,534

Total assets less current liabilities
  
1,112,369
1,136,366

Provisions for liabilities
  

Deferred tax
 7 
(21,178)
(21,178)

  
 
 
(21,178)
 
 
(21,178)

Net assets
  
1,091,191
1,115,188


Capital and reserves
  

Called up share capital 
  
3,440
3,440

Profit and loss account
  
1,087,751
1,111,748

  
1,091,191
1,115,188


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

Page 1

 


PARKSIDE INVESTMENTS (BEACONSFIELD) LIMITED
REGISTERED NUMBER:00643389


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



C. H. Peters
Director

Date: 28 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


PARKSIDE INVESTMENTS (BEACONSFIELD) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

Parkside Investments (Beaconsfield) Limited is a private company limited by shares incorporated in England and Wales. The address of the registered office is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the funtional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on a going concern basis, no critical judgements or accounting estimates have been used by management is assessing the appropriateness of going concern.

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 


PARKSIDE INVESTMENTS (BEACONSFIELD) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Other plant and machinery etc.
-
25% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers 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. Changes in fair value are recognised in profit or loss.

 
2.6

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an 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.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).

Page 4

 


PARKSIDE INVESTMENTS (BEACONSFIELD) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

4.


Tangible fixed assets





Land and buildings
Other plant and machinery etc.
Total

£
£
£



Cost or valuation


At 1 June 2023
1,050,500
19,588
1,070,088


Additions
-
1,149
1,149



At 31 May 2024

1,050,500
20,737
1,071,237



Depreciation


At 1 June 2023
-
17,256
17,256


Charge for the year on owned assets
-
870
870



At 31 May 2024

-
18,126
18,126



Net book value



At 31 May 2024
1,050,500
2,611
1,053,111



At 31 May 2023
1,050,500
2,332
1,052,832

Page 5

 


PARKSIDE INVESTMENTS (BEACONSFIELD) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
2,765

Other debtors
16,523
29,502

Prepayments and accrued income
17,765
41,809

Tax recoverable
5,055
5,055

39,343
79,131



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
26,996
26,996

Accruals and deferred income
9,612
9,612

36,608
36,608



7.


Deferred taxation




2024


£






At beginning of year
(21,178)


Charged to profit or loss
-



At end of year
(21,178)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
55
55

Tax losses carried forward
44,132
44,132

Tax on unrealised property revaluations
(65,365)
(65,365)

(21,178)
(21,178)

 
Page 6