Company registration number 13520095 (England and Wales)
PARK STREET NEWBURY LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
PARK STREET NEWBURY LTD
CONTENTS
Page
Balance sheet and notes to the financial statements
1 - 2
Detailed trading and profit and loss account
PARK STREET NEWBURY LTD
BALANCE SHEET
AS AT
31 JULY 2024
31 July 2024
- 1 -
2024
2023
£
£
£
£
Current assets
1,608,486
1,600,096
Creditors: amounts falling due within one year
(1,646,424)
(2,053,302)
Net current liabilities
(37,938)
(453,206)
Creditors: amounts falling due after more than one year
(486,999)
-
0
Net liabilities
(524,937)
(453,206)
Capital and reserves
(524,937)
(453,206)
Notes to the financial statements
1
Financial commitments, guarantees and contingencies
Mortgage charges

There is a legal charge and fixed floating charge secured over the property and assets present and future including goodwill of the company for all monies falling due to Tuscan Capital Limited and Kensington Mortgage Company Limited.

 

As at 31 July 2024 £nil (2023: £410,871) was due to Tuscan Capital Limited. As at 31 July 2024 £486,999 (2023: £nil) was owing to Kensington Mortgage Company Limited and is included in creditors: amounts falling due after one year. Interest amounting to £769,544 is due on this loan over the 18 year term.

 

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
3
3
Going concern

We believe the company's financial statements should be prepared on a going concern basis, on the grounds that the Director will continue to support the funding of the business.

Park Street Newbury Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 29-31 Castle Street, High Wycombe, Buckinghamshire, United Kingdom, HP13 6RU.

For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

PARK STREET NEWBURY LTD
BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2024
31 July 2024
- 2 -

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.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 27 March 2025
Mrs M Baty
Director
Company registration number 13520095 (England and Wales)
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