Park Holland Mechanical Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06834388

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		15,583		15,577

			15,583		15,577
CURRENT ASSETS
Stocks	5	65,098		18,400
Debtors	6	450,323		371,808
Cash at bank and in hand		248,535		139,291

		763,956		529,499
Creditors: Amounts Falling Due Within One Year	7	(431,983 )		(243,630 )

NET CURRENT ASSETS (LIABILITIES)			331,973		285,869

TOTAL ASSETS LESS CURRENT LIABILITIES			347,556		301,446

Creditors: Amounts Falling Due After More Than One Year	8		(4,360 )		(12,717 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(2,220 )		(2,960 )

NET ASSETS			340,976		285,769

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			340,876		285,669

SHAREHOLDERS' FUNDS			340,976		285,769

Page 1

Page 2

Park Holland Mechanical Services Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Andrew Lafferty Director	Mrs Emma Lafferty Director
02/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Park Holland Mechanical Services Limited Registered number 06834388 is a limited by shares company incorporated in England & Wales. The Registered Office is Unit 5 Gatewarth Industrial Estate, Barnard Street, Warrington, Cheshire, WA5 1DD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% per annum of net book value
Motor Vehicles	25% per annum of net book value
Fixtures & Fittings	25% per annum of net book value

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	3	3
Sales, marketing and distribution	1	1
Manufacturing	6	6

	10	10

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Park Holland Mechanical Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2024	8,144	32,400	32,481	73,025
Additions	5,200	-	-	5,200

As at 31 March 2025	13,344	32,400	32,481	78,225

Depreciation
As at 1 April 2024	7,967	21,041	28,440	57,448
Provided during the period	1,344	2,840	1,010	5,194

As at 31 March 2025	9,311	23,881	29,450	62,642

Net Book Value
As at 31 March 2025	4,033	8,519	3,031	15,583

As at 1 April 2024	177	11,359	4,041	15,577

5. Stocks

	2025	2024
	£	£
Materials	65,098	18,400

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	396,585	328,252
Prepayments and accrued income	29,456	27,175
Other debtors	24,282	16,381

	450,323	371,808

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	383,615	105,412
Bank loans and overdrafts	8,248	8,000
Corporation tax	16,819	2,450
Other taxes and social security	9,586	94,510
Other creditors	231	22,531
Accruals and deferred income	13,484	10,727

	431,983	243,630

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	4,360	12,717

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Park Holland Mechanical Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	2,220	2,960

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2025	2024
	£	£
Mr Andrew Lafferty	500	-
Mrs Emma Lafferty	700	-

12. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	1,700	-

13. Controlling Party

The company's controlling party are the directors by virtue of their ownership of 80% of the issued share capital in the company.