Parkview Residential Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08590207 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PARKVIEW RESIDENTIAL SERVICES LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R J L Guselli

Mrs A C Guselli

SECRETARY:

Mr R J L Guselli

REGISTERED OFFICE:

4 West Avenue

Barrow in Furness

Cumbria

LA13 9AX

REGISTERED NUMBER:

08590207 (England and Wales)

BANKERS:

Barclays Bank plc

Leicestershire

LE87 2BB

FIXED ASSETS

Tangible assets

4

537,138

529,998

Investments

5

368,012

905,150

898,010

CURRENT ASSETS

Debtors

4

Cash at bank

222,624

182,279

222,628

182,283

CREDITORS

Amounts falling due within one year

94,005

84,806

NET CURRENT ASSETS

128,623

97,477

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,033,773

995,487

CREDITORS

Amounts falling due after more than one
year

10,000

20,000

NET ASSETS

1,023,773

975,487

CAPITAL AND RESERVES

Called up share capital

6

729,966

Retained earnings

293,807

245,521

SHAREHOLDERS' FUNDS

1,023,773

975,487

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mr R J L Guselli - Director

1.	STATUTORY INFORMATION

Parkview Residential Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents net invoiced rental income, excluding VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Freehold property has not been depreciated which is a departure from Financial Reporting Standard 102 and from the Companies Act 2006. Depreciation if provided would not have been of a material nature.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

557,694

DEPRECIATION

At 1 April 2024

27,696

Charge for year

(7,140

)

At 31 March 2025

20,556

NET BOOK VALUE

At 31 March 2025

537,138

At 31 March 2024

529,998

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

and 31 March 2025

368,012

NET BOOK VALUE

At 31 March 2025

368,012

At 31 March 2024

368,012

Other investments comprise a 50% shareholding in Cumbria Business Group Limited, a company managed and controlled by Mr R J L Guselli.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

729,964

A Ordinary

£1

729,964

2

B Ordinary

£1

2

729,966

7.	RELATED PARTY DISCLOSURES

As at 31st March 2025, Miss M Guselli a shareholder of the company was owed £75,962 (2024 : £66,862)

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr R J L Guselli.