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REGISTERED NUMBER: SC257782 (Scotland)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Container Parks Limited

Container Parks Limited (Registered number: SC257782)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Container Parks Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: I Shankie





REGISTERED OFFICE: 30 Cogan Street
Barrhead
Glasgow
East Renfrewshire
G78 1EJ





REGISTERED NUMBER: SC257782 (Scotland)





ACCOUNTANTS: C A I Morton & Co
Chartered Accountants
2 Kingscliffe Avenue
Glasgow
G44 4JW

Container Parks Limited (Registered number: SC257782)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 2,632,169 2,587,880
Investments 6 1,006,600 1,600
3,638,770 2,589,481

CURRENT ASSETS
Debtors 7 870,121 1,822,122
Cash at bank and in hand 1,954,409 1,107,882
2,824,530 2,930,004
CREDITORS
Amounts falling due within one year 8 1,242,733 679,252
NET CURRENT ASSETS 1,581,797 2,250,752
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,220,567

4,840,233

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 786,569 786,569
Retained earnings 4,433,898 4,053,564
5,220,567 4,840,233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Container Parks Limited (Registered number: SC257782)

Balance Sheet - continued
31 October 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 April 2025 and were signed by:





I Shankie - Director


Container Parks Limited (Registered number: SC257782)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Container Parks Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 10% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Container Parks Limited (Registered number: SC257782)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 65,429
AMORTISATION
At 1 November 2023
and 31 October 2024 65,428
NET BOOK VALUE
At 31 October 2024 1
At 31 October 2023 1

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 November 2023 1,122,851 2,417,789 3,540,640
Additions - 167,050 167,050
Disposals - (16,000 ) (16,000 )
At 31 October 2024 1,122,851 2,568,839 3,691,690
DEPRECIATION
At 1 November 2023 131,445 821,315 952,760
Charge for year 22,455 96,706 119,161
Eliminated on disposal - (12,400 ) (12,400 )
At 31 October 2024 153,900 905,621 1,059,521
NET BOOK VALUE
At 31 October 2024 968,951 1,663,218 2,632,169
At 31 October 2023 991,406 1,596,474 2,587,880

Container Parks Limited (Registered number: SC257782)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

6. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 November 2023 - 1,600 1,600
Additions 1,005,000 - 1,005,000
At 31 October 2024 1,005,000 1,600 1,006,600
NET BOOK VALUE
At 31 October 2024 1,005,000 1,600 1,006,600
At 31 October 2023 - 1,600 1,600

7. DEBTORS
31.10.24 31.10.23
£    £   
Amounts falling due within one year:
Trade debtors 321,434 323,839
Other debtors 548,262 1,497,558
869,696 1,821,397

Amounts falling due after more than one year:
Other debtors 425 725

Aggregate amounts 870,121 1,822,122

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 145,040 107,912
Taxation and social security 214,176 318,715
Other creditors 883,517 252,625
1,242,733 679,252