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Company Registration No. 09541733 (England and Wales)
PARKWAY LOGIC LTD Unaudited accounts for the year ended 30 April 2025
PARKWAY LOGIC LTD Unaudited accounts Contents
Page
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PARKWAY LOGIC LTD Company Information for the year ended 30 April 2025
Directors
DR RAMIN TAKIN Christopher WOODINGTON
Company Number
09541733 (England and Wales)
Registered Office
7 BELL YARD LONDON WC2A 2JR ENGLAND
Accountants
Certax Accounting (Fitzrovia) Limited 85 Tottenham Court Road London W1T 4TQ
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PARKWAY LOGIC LTD Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Current assets
Debtors
- 
7,500 
Cash at bank and in hand
5,132 
5,134 
5,132 
12,634 
Creditors: amounts falling due within one year
(13,910)
(9,600)
Net current (liabilities)/assets
(8,778)
3,034 
Total assets less current liabilities
(8,778)
3,034 
Creditors: amounts falling due after more than one year
(17,407)
(28,148)
Net liabilities
(26,185)
(25,114)
Capital and reserves
Called up share capital
2 
2 
Share premium
129,999 
129,999 
Profit and loss account
(156,186)
(155,115)
Shareholders' funds
(26,185)
(25,114)
For the year ending 30 April 2025 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by
DR RAMIN TAKIN Director Company Registration No. 09541733
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PARKWAY LOGIC LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
PARKWAY LOGIC LTD is a private company, limited by shares, registered in England and Wales, registration number 09541733. The registered office is 7 BELL YARD, LONDON, WC2A 2JR, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
4
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,196 
7,500 
Accrued income and prepayments
(5,196)
- 
- 
7,500 
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
374 
1,595 
Taxes and social security
3,980 
- 
Other creditors
3,660 
3,660 
Loans from directors
1,741 
- 
Accruals
4,155 
4,345 
13,910 
9,600 
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PARKWAY LOGIC LTD Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
17,407 
28,148 
7
Average number of employees
During the year the average number of employees was 3 (2024: 2).
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