THE PARK LANE REAL ESTATE INVESTMENTS LIMITED

THE PARK LANE REAL ESTATE INVESTMENTS LIMITED
Contents Page
For the year ended 31 January 2025

Statement of financial position	1
Notes to the financial statements	2

THE PARK LANE REAL ESTATE INVESTMENTS LIMITED
Statement of Financial Position
As at 31 January 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	786,541	523,982
		786,541	523,982
Current assets
Debtors		43,834	43,834
Cash at bank and in hand		1,827	2,074
		45,661	45,908
Creditors: amount falling due within one year		(355,787)	(278,600)
Net current assets		(310,126)	(232,692)

Total assets less current liabilities		476,415	291,290
Creditors: amount falling due after more than one year		(530,025)	(348,095)
Net assets		(53,610)	(56,805)

Capital and reserves
Called up share capital		100	100
Profit and loss account		(53,710)	(56,905)
Shareholders' funds		(53,610)	(56,805)

For the year ended 31 January 2025 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 accounts for the year in question 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 accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 11 November 2025 and were signed on its behalf by:

-------------------------------
Edward James Joseph
Director

1

THE PARK LANE REAL ESTATE INVESTMENTS LIMITED
Notes to the Abridged Financial Statements
For the year ended 31 January 2025

General Information

THE PARK LANE REAL ESTATE INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13153838, registration address 3rd Floor Broadway Chambers, 1 Cranbrook Road, Ilford, Esssex, IG1 4DU.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment

2 Straight Line

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

2.	Average number of employees Average number of employees during the year was 0 (2024 : 0).

3.

Tangible fixed assets

Cost or valuation	Computer Equipment	Land & Building	Total
	£	£	£
At 01 February 2024	1,477	523,243	524,720
Additions	-	263,298	263,298
Disposals	-	-	-
At 31 January 2025	1,477	786,541	788,018
Depreciation
At 01 February 2024	738	-	738
Charge for year	739	-	739
On disposals	-	-	-
At 31 January 2025	1,477	-	1,477
Net book values
Closing balance as at 31 January 2025	-	786,541	786,541
Opening balance as at 01 February 2024	739	523,243	523,982

The net book value of Land & Building includes £ 786,541 (2024 £523,243) in respect of assets leased under finance leases or hire purchase contracts.

2

Registered Number: 13153838
England and Wales
THE PARK LANE REAL ESTATE INVESTMENTS LIMITED

Abridged Accounts

Period of accounts Start date: 01 February 2024 End date: 31 January 2025