North Park Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00649530 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

NORTH PARK INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

DIRECTORS:

Mr C H D Smith

Mrs L K Robertson

SECRETARY:

Mrs G R Farmer

REGISTERED OFFICE:

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

REGISTERED NUMBER:

00649530 (England and Wales)

ACCOUNTANTS:

Allens Accountants Limited

Chartered Accountants

123 Wellington Road South

Stockport

Cheshire

SK1 3TH

FIXED ASSETS

Investment properties

4

520,000

CURRENT ASSETS

Debtors

5

53,410

52,897

Cash at bank

68,705

60,657

122,115

113,554

CREDITORS

Amounts falling due within one year

6

36,958

32,404

NET CURRENT ASSETS

85,157

81,150

TOTAL ASSETS LESS CURRENT
LIABILITIES

605,157

601,150

PROVISIONS FOR LIABILITIES

108,399

NET ASSETS

496,758

492,751

CAPITAL AND RESERVES

Called up share capital

7

100

Fair value reserve

383,751

Retained earnings

112,907

108,900

SHAREHOLDERS' FUNDS

496,758

492,751

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

Mrs L K Robertson - Director

Mr C H D Smith - Director

1.	STATUTORY INFORMATION

North Park Investments 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts receivable on the rentals due from the company's investment properties.

Investment properties

Investment properties are properties held to earn rentals and capital appreciation. Investment properties are initially measured at cost, including transaction costs.

Subsequently investment properties are measured at fair value. Investment property valuations are based on an open market value. Deferred tax is provided on these movements. Gains and losses arising from changes in the fair value of investment properties are included in the Statement of Income and Retained Earnings in the period in which they arise.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTIES

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

520,000

NET BOOK VALUE

At 31 March 2025

520,000

At 31 March 2024

520,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2013

600,000

Valuation in 2015

(80,000

)

520,000

If the land and buildings had not been revalued they would have been included at the following historical cost:

31/3/25

31/3/24

£

Cost

27,850

The land and buildings were valued on an informal basis on 19 May 2015 by Garner & Sons, Chartered Surveyors .

In the opinion of the directors' the valuation of £520,000 for the investment properties represents their value on a fair value basis as at 31 March 2025.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Trade debtors

46,032

45,707

Other debtors

7,378

7,190

53,410

52,897

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Taxation and social security

12,575

8,826

Other creditors

24,383

23,578

36,958

32,404

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

100

Ordinary

£1

100