REGISTERED NUMBER: 08383178 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2025

for

Southgate Car Park Management Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Finnamore

A.H. Finnamore

REGISTERED OFFICE:

The Studio

Brewer Street

Bletchingley

Surrey

RH1 4QP

REGISTERED NUMBER:

08383178 (England and Wales)

FIXED ASSETS

Tangible assets

3

732,147

732,147

CURRENT ASSETS

Debtors

4

10

18

Cash at bank

13,201

15,552

13,211

15,570

CREDITORS

Amounts falling due within one year

5

736,431

730,414

NET CURRENT LIABILITIES

(723,220

)

(714,844

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,927

17,303

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

8,827

17,203

SHAREHOLDERS' FUNDS

8,927

17,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 3rd November 2025 and were signed on its behalf by:

Mrs S Finnamore - Director

1.	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

-

25% on cost

Computer equipment

-

33% on cost

2.	EMPLOYEES AND DIRECTORS

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

3.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Computer

property

machinery

equipment

Totals

£

£

£

£

COST

At 1st April 2024

and 31st March 2025

732,147

600

1,794

734,541

DEPRECIATION

At 1st April 2024

and 31st March 2025

-

600

1,794

2,394

NET BOOK VALUE

At 31st March 2025

732,147

-

-

732,147

At 31st March 2024

732,147

-

-

732,147

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

10

10

Other debtors

-

8

10

18

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

230,663

239,986

Tax

10,456

8,750

VAT

3,940

3,491

Directors' current accounts

489,666

476,481

Accrued expenses

1,706

1,706

736,431

730,414

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

100

Ordinary

£1

100

100

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr & Mrs Finnamore.