Company No: 12542877 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	10,216		0
Investment property	4	2,895,234		2,826,938
		2,905,450		2,826,938
Creditors: amounts falling due within one year	5	( 1,087,828)		( 1,008,515)
Net current liabilities		(1,087,828)		(1,008,515)
Total assets less current liabilities		1,817,622		1,818,423
Net assets		1,817,622		1,818,423
Capital and reserves
Called-up share capital	6	100		100
Share premium account		1,842,167		1,842,167
Profit and loss account		( 24,645 )		( 23,844 )
Total shareholders' funds		1,817,622		1,818,423

For the financial year ending 30 September 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Parkview Asset Management Bolsover F3 Ltd (registered number: 12542877) were approved and authorised for issue by the Board of Directors. They were signed on its behalf by:

I. O. Khatri Director

19 September 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Parkview Asset Management Bolsover F3 Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 35 Ballards Lane, London, N3 1XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 October 2023	0		0
Additions	11,404		11,404
At 30 September 2024	11,404		11,404
Accumulated depreciation
At 01 October 2023	0		0
Charge for the financial year	1,188		1,188
At 30 September 2024	1,188		1,188
Net book value
At 30 September 2024	10,216		10,216
At 30 September 2023	0		0

4. Investment property

	Investment property
	£
Valuation
As at 01 October 2023	2,826,938
Additions	68,296
As at 30 September 2024	2,895,234

Valuation

The 2024 valuations were made by the directors, on an open market value for existing use basis.

The property has been secured by a fixed charge against bank loans in the parent company.

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Amounts owed to parent undertakings	1,075,728		1,007,915
Taxation and social security	1,100		600
Other creditors	11,000		0
	1,087,828		1,008,515

6. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
10,000 Ordinary shares of £ 0.01 each	100		100

7. Ultimate controlling party

Parent Company:

Parkview Asset Management Limited

35 Ballards Lane, London, United Kingdom, N3 1XW