1 December 2023 false Taxfiler 2024.6 13720032business:PrivateLimitedCompanyLtd2023-12-012024-11-30 137200322023-11-30 137200322023-12-012024-11-30 13720032business:AuditExemptWithAccountantsReport2023-12-012024-11-30 13720032business:FilletedAccounts2023-12-012024-11-30 137200322024-11-30 13720032business:Director12023-12-012024-11-30 13720032business:Director22023-12-012024-11-30 13720032business:RegisteredOffice2023-12-012024-11-30 137200322023-11-30 13720032core:WithinOneYear2024-11-30 13720032core:WithinOneYear2023-11-30 13720032core:AfterOneYear2024-11-30 13720032core:AfterOneYear2023-11-30 13720032core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 13720032core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 13720032core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 13720032core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 13720032core:PreviouslyStatedAmount2024-11-30 13720032core:PreviouslyStatedAmount2023-11-30 13720032business:SmallEntities2023-12-012024-11-30 13720032countries:EnglandWales2023-12-012024-11-30 13720032core:LandBuildings2023-11-30 13720032core:LandBuildings2024-11-30 13720032core:MoreThanFiveYears2024-11-30 13720032core:MoreThanFiveYears2023-11-30 13720032core:AfterOneYear2023-12-012024-11-30 137200322022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13720032 (England and Wales)
Parkside Villa Ltd Unaudited accounts for the year ended 30 November 2024
Parkside Villa Ltd Unaudited accounts Contents
Page
- 2 -
Parkside Villa Ltd Company Information for the year ended 30 November 2024
Directors
Peter William Evans Matthew James Tootell
Company Number
13720032 (England and Wales)
Registered Office
Suite 17 13 Micklegate YORK YO1 6RA ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
- 3 -
Parkside Villa Ltd Accountants' report
Accountants' report to the board of directors of Parkside Villa Ltd on the preparation of the unaudited statutory accounts for the year ended 30 November 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Parkside Villa Ltd for the year ended 30 November 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Parkside Villa Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Parkside Villa Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Parkside Villa Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Parkside Villa Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Parkside Villa Ltd. You consider that Parkside Villa Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Parkside Villa Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 17 April 2025
- 4 -
Parkside Villa Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,200,000 
1,200,000 
Current assets
Debtors
- 
81,528 
Cash at bank and in hand
7 
2,520 
7 
84,048 
Creditors: amounts falling due within one year
(58,142)
(174,752)
Net current liabilities
(58,135)
(90,704)
Total assets less current liabilities
1,141,865 
1,109,296 
Creditors: amounts falling due after more than one year
(918,000)
(918,000)
Net assets
223,865 
191,296 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
223,863 
191,294 
Shareholders' funds
223,865 
191,296 
For the year ending 30 November 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 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 19 August 2025 and were signed on its behalf by
Peter William Evans Director Company Registration No. 13720032
- 5 -
Parkside Villa Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Parkside Villa Ltd is a private company, limited by shares, registered in England and Wales, registration number 13720032. The registered office is Suite 17, 13 Micklegate, YORK, YO1 6RA, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 December 2023
1,200,000 
At 30 November 2024
1,200,000 
Depreciation
At 30 November 2024
- 
Net book value
At 30 November 2024
1,200,000 
At 30 November 2023
1,200,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
81,528 
- 6 -
Parkside Villa Ltd Notes to the Accounts for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,017 
2,733 
Other creditors
34,276 
- 
Loans from directors
14,999 
171,169 
Accruals
850 
850 
58,142 
174,752 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
918,000 
918,000 
Aggregate of amounts that fall due for payment after five years
918,000 
918,000 
The company has a mortgage facility with Castle Trust Bank of £918,000, which is secured on the investment property held by the company.
8
Transactions with related parties
Included in short term debtors, is a loan of £34276 to Pierre Developments (Holdings) Ltd, a related company. The loan is interest-free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 7 -