Park Preservation Ltd.

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

Registered number: 03297902

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		420,000		420,000

			420,000		420,000
CURRENT ASSETS
Debtors	5	899		850
Cash at bank and in hand		32,143		30,782

		33,042		31,632
Creditors: Amounts Falling Due Within One Year	6	(6,282 )		(5,815 )

NET CURRENT ASSETS (LIABILITIES)			26,760		25,817

TOTAL ASSETS LESS CURRENT LIABILITIES			446,760		445,817

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(55,014 )		(55,014 )

NET ASSETS			391,746		390,803

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			391,646		390,703

SHAREHOLDERS' FUNDS			391,746		390,803

Page 1

Page 2

Park Preservation Ltd.

Balance Sheet (continued)

As At 31 January 2025

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 P N Lock

Director

28 August 2025

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

1. General Information

Park Preservation Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 03297902 . The registered office is Hanover Buildings, 11-13 Hanover Street, Liverpool, Merseyside, L1 3DN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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.

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'.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent 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	N/A
Plant and machinery	25% reducing balance

2.4. Investment Properties

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3. Average Number of Employees

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

Page 3

Page 4

Park Preservation Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

4. Tangible Assets

	Investment Properties	Plant and machinery	Total
	£	£	£
Cost
As at 1 February 2024	420,000	484	420,484

As at 31 January 2025	420,000	484	420,484

Depreciation
As at 1 February 2024	-	484	484

As at 31 January 2025	-	484	484

Net Book Value
As at 31 January 2025	420,000	-	420,000

As at 1 February 2024	420,000	-	420,000

Cost or valuation as at 31 January 2025 represented by:

	Investment Properties	Plant and machinery	Total
	£	£	£
At cost	420,000	484	420,484

	420,000	484	420,484

The investment properties were valued at 31st January 2024 by Mr P N Lock, director, at the carrying value above of £420,000.

This valuation is still deemed to be accurate and correctly reflects the fair value of the investment properties at the year end date.

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	274	225
Other debtors	625	625

	899	850

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	2,567	2,849
Other creditors	625	625
Accruals and deferred income	2,267	2,106
Directors' loan accounts	823	235

	6,282	5,815

Page 4

Page 5

Park Preservation Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2025

7. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	55,014	55,014

8. Share Capital

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

9. Reserves

The profit and loss reserve account records retained earnings and accumulated losses, including the revaluation reserve which records the value of asset revaluations and fair value movements on assets recognised in other comprehensive income. The profit and loss reserve account includes both distributable and non distributable as follows:

Profit and (loss) distributable

As at 31/01/2025 £154,408

As at 31/01/2024 £135,043

Profit and loss non-distributable

As at 31/01/2025 £237,238

As at 31/01/2024 £237,238

10. Related Party Transactions

The following related party transactions were undertaken during the year:

During the period a director withdrew £420 (2024: £765) and introduced capital of £1,008 (2024:£624). At the balance sheet date the amounts owed to the director totalled £823 (2024: £235).

Dividends were paid to the directors in respect of their shareholdings totalling £10,000 (2024: £10,000).

No further transactions with related parties were undertaken such as are required to be disclosedin accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'

Page 5