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Registration number: 01171166

Parkhouse Commercial Properties Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Parkhouse Commercial Properties Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Parkhouse Commercial Properties Limited

Company Information

Directors | John Dykes Andrea Devaney-Dykes

Registered office | 1 Rolfe Place Headington Oxford OX3 0DS

Accountants | SKP Tax & Accounting Services Ltd t/a AIMS Accountants for Business 17 Mileway Gardens Headington Oxford OX3 7XH

Parkhouse Commercial Properties Limited

(Registration number: 01171166)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 503 | 1,131
Investment property | 5 | 450,000 | 450,000
|  | 450,503 | 451,131
Current assets |  |  |
Debtors | 6 | 20,377 | 40,891
Cash at bank and in hand |  | 585,343 | 582,137
|  | 605,720 | 623,028
Creditors: Amounts falling due within one year | 7 | (19,695) | (31,977)
Net current assets |  | 586,025 | 591,051
Net assets |  | 1,036,528 | 1,042,182
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Revaluation reserve |  | (477,000) | (477,000)
Retained earnings |  | 1,513,428 | 1,519,082
Shareholders' funds |  | 1,036,528 | 1,042,182

For the financial year ending 30 April 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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 14 November 2025 and signed on its behalf by:

Parkhouse Commercial Properties Limited

(Registration number: 01171166)
Balance Sheet as at 30 April 2025

......................................... John Dykes Director

Parkhouse Commercial Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Rolfe Place
Headington
Oxford
OX3 0DS

These financial statements were authorised for issue by the Board on 14 November 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Parkhouse Commercial Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and Machinery | 20% straight line
Fixtures and Fittings | 20% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Parkhouse Commercial Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Parkhouse Commercial Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 May 2024 | 799 | 6,670 | 7,469
At 30 April 2025 | 799 | 6,670 | 7,469
Depreciation
At 1 May 2024 | 480 | 5,858 | 6,338
Charge for the year | 160 | 468 | 628
At 30 April 2025 | 640 | 6,326 | 6,966
Carrying amount
At 30 April 2025 | 159 | 344 | 503
At 30 April 2024 | 319 | 812 | 1,131

5 | Investment properties

| 2025 £
At 1 May 2021 | 450,000
At 30 April 2021 | 450,000

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 11,270 | 17,663
Prepayments | 1,756 | 1,634
Other debtors | 7,351 | 21,594
| 20,377 | 40,891

7 | Creditors

Creditors: amounts falling due within one year

Parkhouse Commercial Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 9,437 | 3,597
Accruals and deferred income | 533 | 21,380
Other creditors | 9,725 | 7,000
| 19,695 | 31,977

8 | Related party transactions

Transactions with directors

2025 | At 1 May 2024 £ | Repayments by director £ | At 30 April 2025 £
John Dykes
Included in debtors is a directors loan | 1,451 | (1,451) | -
Mary Bernadette Devaney
Included in debtors is a directors loan | 10,200 | (10,200) | -

2024 | At 1 May 2023 £ | Advances to director £ | At 30 April 2024 £
John Dykes
Included in debtors is a directors loan | - | 1,451 | 1,451
Mary Bernadette Devaney
Included in debtors is a directors loan | 670 | 9,530 | 10,200

Directors' remuneration

The directors' remuneration for the year was as follows:

| 2025 £ | 2024 £
Remuneration | 30,548 | 30,000