Park Bonham Holdings Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09743293

Park Bonham Holdings Ltd

Filleted Unaudited Financial Statements

31 December 2024

Park Bonham Holdings Ltd

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Investments	5	3,712,500	3,712,500

Current assets

Cash at bank and in hand	6	–

Creditors: amounts falling due within one year	6	970,911	790,225
		---------	---------
Net current liabilities		970,905	790,225
		------------	------------
Total assets less current liabilities		2,741,595	2,922,275

Creditors: amounts falling due after more than one year	7	482,225	550,133
		------------	------------
Net assets		2,259,370	2,372,142
		------------	------------

Capital and reserves

Called up share capital	1,710,000	1,710,000
Profit and loss account	549,370	662,142
	------------	------------
Shareholders funds	2,259,370	2,372,142
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 5 August 2025 , and are signed on behalf of the board by:

Mr Mark Bonham	Mr Paul Bonham
Director	Director

Company registration number: 09743293

Park Bonham Holdings Ltd

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Suite 465, Building 4, North London Business Park, Oakleigh Road South, London, N11 1GN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4. Result/loss on ordinary activities before taxation

Accountancy fees in respect of preparation of the annual accounts amounted to £2,024.51 and was borne by the fellow subsidiary.

5. Investments

	Shares in participating interests
	£
Cost
At 1 January 2024 and 31 December 2024	3,712,500
	------------
Impairment
At 1 January 2024 and 31 December 2024	–
	------------

Carrying amount
At 31 December 2024	3,712,500
	------------
At 31 December 2023	3,712,500
	------------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	–	14
Amounts owed to group undertakings and undertakings in which the company has a participating interest	970,911	765,911
Other creditors	–	24,300
	---------	---------
	970,911	790,225
	---------	---------

7. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Other creditors	482,225	550,133
	---------	---------