REGISTERED NUMBER: 11728386 (England and Wales)

Report of the Director and

Abridged Financial Statements for the Year Ended 31 December 2024

for

Parkside Engineering & Construction Ltd

Page

Company Information

1

Report of the Director

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

C M Bentley

REGISTERED OFFICE:

40 Market Place

Belper

Derbyshire

DE56 1FZ

REGISTERED NUMBER:

11728386 (England and Wales)

ACCOUNTANTS:

NRB Accountancy Limited

40 Market Place

Belper

Derbyshire

DE56 1FZ

The director presents his report with the financial statements of the company for the year ended 31 December 2024.

DIRECTOR

C M Bentley held office during the whole of the period from 1 January 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

C M Bentley - Director

17 September 2025

FIXED ASSETS

Tangible assets

4

8,142

2,906

CURRENT ASSETS

Cash at bank

16,081

4

CREDITORS

Amounts falling due within one year

8,602

1,992

NET CURRENT ASSETS/(LIABILITIES)

7,479

(1,988

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,621

918

PROVISIONS FOR LIABILITIES

1,547

552

NET ASSETS

14,074

366

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

14,072

364

14,074

366

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 September 2025 and were signed by:

C M Bentley - Director

1.	STATUTORY INFORMATION

Parkside Engineering & Construction Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

10,031

Additions

7,950

At 31 December 2024

17,981

DEPRECIATION

At 1 January 2024

7,125

Charge for year

2,714

At 31 December 2024

9,839

NET BOOK VALUE

At 31 December 2024

8,142

At 31 December 2023

2,906

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

C M Bentley

Balance outstanding at start of year

(1,335

)

-

Amounts advanced

(1,273

)

-

Amounts repaid

-

(1,335

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(2,608

)

(1,335

)

6.	ULTIMATE CONTROLLING PARTY

The controlling party is C M Bentley.