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COMPANY REGISTRATION NUMBER: 00735034
Park Court (Allesley) Limited
Filleted Unaudited Financial Statements
31 December 2024
Park Court (Allesley) Limited
Statement of Financial Position
31 December 2024
2024
2023
Note
£
£
£
Current assets
Debtors
3
569
1,283
Cash at bank and in hand
57,123
55,898
-------
-------
57,692
57,181
Prepayments and accrued income
1,734
1,620
Creditors: amounts falling due within one year
4
6,186
5,321
-------
-------
Net current assets
53,240
53,480
-------
-------
Total assets less current liabilities
53,240
53,480
-------
-------
Capital and reserves
Called up share capital
5
24
24
Profit and loss account
53,216
53,456
-------
-------
Shareholders funds
53,240
53,480
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 17 February 2025 , and are signed on behalf of the board by:
D. J. Satchwell
Secretary
Company registration number: 00735034
Park Court (Allesley) Limited
Notes to the Financial Statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered and trading in England and Wales with company number 00735034 . The address of the registered office is 125-131 New Union Street, Coventry, CV1 2NT.
2. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the company and rounded to the nearest £.
Judgements and key sources of estimation uncertainty
In preparing these financial statements the directors have had to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets, liabilities, income and expenses. Estimates and associated assumptions are based on historic experience and various other factors including expectations of future events that are believed to be reasonable under the circumstances, however actual results may differ from these estimates. For this reporting date there are no significant judgements, estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered and stated net of any discounts. Revenue from the services rendered is recognised when the service has been provided, the amount of revenue can be measured reliably and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Financial instruments
The company only has basic financial instruments. Financial assets Financial assets comprise items such as cash at bank and in hand and trade and other debtors. These are initially recorded at cost on the date they originate, the company considers evidence of impairment for all individual elements comprising financial assets and any subsequent impairment is recognised in profit and loss. Financial liabilities Financial liabilities comprise items such as accruals and other creditors. These are initially recorded at cost on the date they originate, net of transaction costs where applicable, the company considers evidence of impairment for all individual elements comprising financial liabilities and any subsequent impairment is recognised in profit and loss.
3. Debtors
2024
2023
£
£
Trade debtors
569
1,283
----
------
4. Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
6,186
5,321
------
------
5. Called up share capital
Issued, called up and fully paid
2024
2023
No.
£
No.
£
Ordinary shares of £ 1 each
24
24
24
24
----
----
----
----
6. Related party transactions
There was no ultimate controlling party in the current or previous period.