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REGISTERED NUMBER: 09940372 (England and Wales)

Parkgate House Developments Limited

Financial Statements

for the Year Ended 28 February 2025

| Parkgate House Developments Limited (Registered number: 09940372) |

Contents of the Financial Statements

for the year ended 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Parkgate House Developments Limited |

Company Information

for the year ended 28 February 2025

| Director: | C P Green

| Registered office: | 3c High Street

| Esher

| Surrey

| KT10 9RL

| Registered number: | 09940372 (England and Wales)

| Parkgate House Developments Limited (Registered number: 09940372) |

Balance Sheet

28 February 2025

2025 | 2024 |

| Notes | £ | £

Current assets

Debtors | 4 | 1,512,624 |  | 1,515,124 |  |

Cash at bank | 2,511 |  | 11 |  |

1,515,135 |  | 1,515,135 |  |

Creditors

Amounts falling due within one year | 5 | 1,147,553 |  | 1,145,759 |  |

Net current assets | 367,582 |  | 369,376 |  |

Total assets less current liabilities | 367,582 |  | 369,376 |  |

Capital and reserves

Called up share capital | 100 |  | 100 |  |

Retained earnings | 367,482 |  | 369,276 |  |

367,582 |  | 369,376 |  |

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 28 February 2025 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 3 September 2025 and were signed by:

C P Green - Director

| Parkgate House Developments Limited (Registered number: 09940372) |

Notes to the Financial Statements

for the year ended 28 February 2025

1. | Statutory information

| Parkgate House Developments Limited is a private company limited by shares incorporated in England and Wales. The Company's registered office and registered number can be found on the Company Information page.

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.

| The financial statements are prepared in sterling, which is the functional currency of the Company.

| Monetary amounts in these financial statements are rounded to the nearest £.

| Related party exemption

| The Company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the Group.

| Financial instruments

| The Company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial instruments are recognised in the Company's Balance Sheet when the Company becomes party to the contractual provisions of the instrument.

| Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Basic financial assets

| Basic financial assets, which includes debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| Classification of financial liabilities

| Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

| Basic financial liabilities

| Basic financial liabilities, including creditors and loans from fellow group and related companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| Equity instruments

| Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

| Parkgate House Developments Limited (Registered number: 09940372) |

Notes to the Financial Statements - continued

for the year ended 28 February 2025

2. | Accounting policies - continued

| Cash and cash equivalents

| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

| Going concern

| The director intends for the Company to enter into voluntary liquidation once the Company's activities have ceased, all liabilities have been settled and profits distributed. Accordingly the director has prepared the financial statements on a basis other than that of a going concern. The director has reviewed the Company's assets and considers the value of all of the assets disclosed in the financial statements to be at the lower of cost and net realisable value. The financial statements do not include any provision for costs as a result of preparing the financial statements on a basis other than that of going concern.

3. | Employees and directors

| The average number of employees during the year was NIL (2024 - NIL).

4. | Debtors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Amounts owed by group undertakings | 752,930 |  | 755,430 |  |

| Amounts due from related

| parties | 759,557 |  | 759,557 |  |

| VAT | 137 |  | 137 |  |

1,512,624 |  | 1,515,124 |  |

5. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Amounts owed to group undertakings | 1,121,901 |  | 1,116,295 |  |

| Accruals and deferred income | 25,652 |  | 29,464 |  |

1,147,553 |  | 1,145,759 |  |

6. | Related party disclosures

| During the year the Company entered into the following transactions with related parties:

| Included in other debtors at the balance sheet date was an amount of £780,725 (2024: £759,557 due from companies under common control.

7. | Ultimate controlling party

| The controlling party is Oakwood Real Estate Limited.

| The ultimate controlling party is C P Green.