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REGISTERED NUMBER: 02758656 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Park Estates Property Services Limited

Park Estates Property Services Limited (Registered number: 02758656)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Park Estates Property Services Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: P S Young





SECRETARY: Mrs K Young





REGISTERED OFFICE: 62 High Street
Bexley
Kent
DA5 1AH





REGISTERED NUMBER: 02758656 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
United Kingdom
SE19 3RW

Park Estates Property Services Limited (Registered number: 02758656)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 33,439 35,177

CURRENT ASSETS
Debtors 5 19,793 17,337
Cash at bank and in hand 269,191 252,916
288,984 270,253
CREDITORS
Amounts falling due within one year 6 (105,632 ) (56,494 )
NET CURRENT ASSETS 183,352 213,759
TOTAL ASSETS LESS CURRENT
LIABILITIES

216,791

248,936

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 216,788 248,933
SHAREHOLDERS' FUNDS 216,791 248,936

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 26 June 2025 and were signed by:





P S Young - Director


Park Estates Property Services Limited (Registered number: 02758656)

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

1. STATUTORY INFORMATION

Park Estates Property Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of services, excluding value added tax.

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 reducing balance and 20% on reducing balance

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

Park Estates Property Services Limited (Registered number: 02758656)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 143,095
Additions 6,329
At 31 December 2024 149,424
DEPRECIATION
At 1 January 2024 107,918
Charge for year 8,067
At 31 December 2024 115,985
NET BOOK VALUE
At 31 December 2024 33,439
At 31 December 2023 35,177

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 19,793 17,337

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 10,526 10,281
Taxation and social security 90,607 42,034
Other creditors 4,499 4,179
105,632 56,494