2023-09-01 08178828 2024-08-31 08178828 2023-09-01 2024-08-31 08178828 uk-bus:RegisteredOffice 2023-09-01 2024-08-31 08178828 uk-bus:Director1 2023-09-01 2024-08-31 08178828 uk-bus:Director1 2024-08-31 08178828 2023-08-31 08178828 2022-09-01 2023-08-31 08178828 uk-core:WithinOneYear 2023-08-31 08178828 uk-core:WithinOneYear 2024-08-31 08178828 uk-core:AfterOneYear 2023-08-31 08178828 uk-core:AfterOneYear 2024-08-31 08178828 uk-core:ShareCapital 2024-08-31 08178828 uk-core:ShareCapital 2023-08-31 08178828 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 08178828 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 08178828 uk-core:FurnitureFittings 2023-09-01 2024-08-31 08178828 uk-core:FurnitureFittings 2023-08-31 08178828 uk-core:Buildings uk-core:OwnedOrFreeholdAssets 2023-08-31 08178828 uk-core:Buildings uk-core:OwnedOrFreeholdAssets 2024-08-31 08178828 uk-core:FurnitureFittings 2024-08-31 08178828 uk-core:Buildings uk-core:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 08178828 uk-core:WithinOneYear uk-core:Secured 2024-08-31 08178828 uk-core:WithinOneYear uk-core:Secured 2023-08-31 08178828 uk-core:WithinOneYear 2024-08-31 08178828 uk-core:WithinOneYear 2023-08-31 iso4217:GBP xbrli:pure 08178828 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 08178828 uk-bus:FRS102 2023-09-01 2024-08-31 08178828 uk-bus:FullAccounts 2023-09-01 2024-08-31 08178828 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
PARKWELLS LEISURE LIMITED
Registered Number:08178828
For the year ended 31 August 2024
England and Wales
Report of the Director and Unaudited Financial Statements
2
For the year ended 31 August 2024
PARKWELLS LEISURE LIMITED
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6
Statement of Changes in Equity
7 to 9
Notes to the Financial Statements
3
For the year ended 31 August 2024
PARKWELLS LEISURE LIMITED
Company Information
MR ROHAN MURDOCK
Director
08178828
Registered Number
COMMODORE HOTEL
Registered Office
SPA ROAD
LLANDRINDOD WELLS
LD1 5ER
DAVIES JOHN ACCOUNTANTS LIMITED
Accountants
TIMES BUILDING
SOUTH CRESCENT
LLANDRINDOD WELLS
LD1 5DH
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4
For the year ended 31 August 2024
PARKWELLS LEISURE LIMITED
Director's Report
The director presents his report and financial statements for the year ended 31 August 2024.
Principal activities
The principal activity of the company continued to be that of a hotel
Director
The director who served the company throughout the year was as follows:
MR ROHAN MURDOCK
MR ROHAN MURDOCK
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
14 May 2025
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5
For the year ended 31 August 2024
PARKWELLS LEISURE LIMITED
Independent Accountants' Report
As described on the balance sheet you are responsible for the preparation of the financial statements for the year
ended 31 August 2024 and you consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to
fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
DAVIES JOHN ACCOUNTANTS LIMITED
ACCOUNTANT
WINSTON PHILLIPS
TIMES BUILDING
SOUTH CRESCENT
LLANDRINDOD WELLS
LD1 5DH
Date:
09 May 2025
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6
For the year ended 31 August 2024
PARKWELLS LEISURE LIMITED
Income Statement
2023
£
2024
£
Turnover
296,989
560,139
(181,160)
Cost of sales
(158,601)
378,979
Gross profit
138,388
Administrative expenses
(273,262)
(383,416)
Operating loss
(134,874)
(4,437)
Interest payable and similar charges
-
(5,977)
(134,874)
(10,414)
Loss before taxation
(134,874)
Loss for the financial year
(10,414)
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7
Registered Number :
08178828
As at 31 August 2024
PARKWELLS LEISURE LIMITED
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
433,908
444,292
2
433,908
444,292
Current assets
Inventories
7,000
7,000
3
812
Cash and cash equivalents
575
7,575
7,812
Trade and other payables: amounts falling due within one
year
(264,208)
(211,448)
4
(256,396)
(203,873)
Net current liabilities
Total assets less current liabilities
230,035
187,896
Trade and other payables: amounts falling due after more
than one year
(287,046)
(363,859)
5
(133,824)
Net liabilities
(99,150)
Capital and reserves
Called up share capital
1,050
1,050
Retained earnings
(134,874)
(100,200)
(133,824)
(99,150)
Shareholders' funds
For the year ended 31 August 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
MR ROHAN MURDOCK
These financial statements were approved and authorised for issue by the Board on 14 May 2025 and were signed by:
The notes form part of these financial statements
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8
For the year ended 31 August 2024
PARKWELLS LEISURE LIMITED
Statement of Changes in Equity
Retained
earnings
£
Balance at 01 September 2022
(89,786)
(10,414)
Loss for the year
Balance at 31 August 2023 and 01 September 2023
-
(134,874)
Loss for the year
Balance at 31 August 2024
(134,874)
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9
For the year ended 31 August 2024
PARKWELLS LEISURE LIMITED
Notes to the Financial Statements
Statutory Information
PARKWELLS LEISURE LIMITED is a private limited company, limited by shares, domiciled in England and Wales,
registration number 08178828.
Registered address:
COMMODORE HOTEL
SPA ROAD
LLANDRINDOD WELLS
LD1 5ER
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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10
For the year ended 31 August 2024
PARKWELLS LEISURE LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Land and
buildings
£
£
£
Cost or
valuation
At 01 September 2023
563,735
177,135
386,600
At 31 August 2024
386,600
177,135
563,735
Provision for depreciation and impairment
At 01 September 2023
119,443
119,443
-
Charge for year
10,384
10,384
-
At 31 August 2024
129,827
129,827
-
At 31 August 2024
Net book value
386,600
47,308
433,908
At 31 August 2023
386,600
57,692
444,292
3. Inventories
2023
2024
£
£
Stocks
7,000
7,000
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
159,327
-
Bank loans and overdraft
16,000
197,728
Trade creditors
36,121
31,291
Other creditors
-
35,189
211,448
264,208
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
363,859
287,046
6. Average number of persons employed
During the year the average number of employees was 0
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11
For the year ended 31 August 2024
PARKWELLS LEISURE LIMITED
Notes to the Financial Statements Continued
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