Southwark Park Freehold Limited

Registered number: 08599198

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	811,403		811,403
Cash at bank and in hand		6,820		12,382

		818,223		823,785
Creditors: Amounts Falling Due Within One Year	5	(6,955 )		(12,517 )

NET CURRENT ASSETS (LIABILITIES)			811,268		811,268

TOTAL ASSETS LESS CURRENT LIABILITIES			811,268		811,268

NET ASSETS			811,268		811,268

CAPITAL AND RESERVES
Called up share capital	6		3		3
Profit and Loss Account			811,265		811,265

SHAREHOLDERS' FUNDS			811,268		811,268

For the year ending 31 January 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 Christopher Benham

Director

02/09/2025

The notes on pages 1 to 2 form part of these financial statements.

1. General Information

Southwark Park Freehold Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08599198 . The registered office is 4 Hunting Gate, Hitchin, Herts, SG4 0TJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Freehold	Assets residual value at the balance sheet date
Leasehold	Assets residual value at the balance sheet date
Plant & Machinery	33%
Motor Vehicles	33%
Fixtures & Fittings	33%

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	1,400	1,400
Directors' loan accounts	810,000	810,000
Called up share capital not paid	3	3

	811,403	811,403

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
VAT	-	9,040
Accruals and deferred income	6,955	3,477

	6,955	12,517

6. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	3	3

Amount of Allotted, Called Up Share Capital	3	3

Page 1

Page 2

Southwark Park Freehold Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

7. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 February 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 January 2025
	£	£	£	£	£
Mr Kevin Quinn	405,000	-	-	-	-
Mr Christopher Benham	405,000	-	-	-	-

The above loan is unsecured, interest free and repayable on demand.