52 Park Street Limited 10900814 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is 98000 - Residents property management Digita Accounts Production Advanced 6.30.9574.0 true 10900814 2024-01-01 2024-12-31 10900814 2024-12-31 10900814 core:RetainedEarningsAccumulatedLosses 2024-12-31 10900814 core:CurrentFinancialInstruments 2024-12-31 10900814 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 10900814 bus:SmallEntities 2024-01-01 2024-12-31 10900814 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 10900814 bus:FilletedAccounts 2024-01-01 2024-12-31 10900814 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 10900814 bus:RegisteredOffice 2024-01-01 2024-12-31 10900814 bus:Director1 2024-01-01 2024-12-31 10900814 bus:CompanyLimitedByGuarantee 2024-01-01 2024-12-31 10900814 countries:EnglandWales 2024-01-01 2024-12-31 10900814 2023-01-01 2023-12-31 10900814 2023-12-31 10900814 core:RetainedEarningsAccumulatedLosses 2023-12-31 10900814 core:CurrentFinancialInstruments 2023-12-31 10900814 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 10900814

52 Park Street Limited

(A company limited by guarantee)

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 December 2024

 

52 Park Street Limited

(Registration number: 10900814)
Statement of Financial Position as at 31 December 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

809

158

Cash at bank and in hand

 

16,060

10,218

 

16,869

10,376

Creditors: Amounts falling due within one year

5

(11,119)

(6,983)

Net assets

 

5,750

3,393

Reserves

 

Profit and loss account

5,750

3,393

Surplus

 

5,750

3,393

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 9 April 2025
 

.........................................
Mr J P Stewart
Director

 

52 Park Street Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is: Knightway House, Park Street, Bagshot, GU19 5AQ. England.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

Due to the nature of the company's activities there were no employees in the current or previous year.

 

52 Park Street Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Debtors

2024
£

2023
£

Other debtors

158

158

Prepayments

651

-

809

158

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Accruals and deferred income

11,119

6,983