Registered number
12908053
71 Park Street Limited
Unaudited Filleted Accounts
31 March 2025

71 Park Street Limited
Registered number: | 12908053
Balance Sheet
as at 31 March 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Investment property | 3 |  |  | 9,700,000 |  |  | 9,700,000
Current assets
Cash at bank and in hand |  |  | 15,118 |  |  | 23,694
Creditors: amounts falling due within one year | 4 |  | (7,743,130) |  |  | (7,636,031)
Net current liabilities |  |  |  | (7,728,012) |  |  | (7,612,337)
Net assets |  |  |  | 1,971,988 |  |  | 2,087,663
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Profit and loss account |  |  |  | 1,971,888 |  |  | 2,087,563
Shareholder's funds |  |  |  | 1,971,988 |  |  | 2,087,663
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P H Harvey
Director
Approved by the board on 8 December 2025

71 Park Street Limited
Notes to the Accounts
for the year ended 31 March 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Investment property
| Investment property is measured at fair value. Changes in fair value are included in the profit and loss account.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
| Going concern
| The accounts have been prepared on a going concern basis as the shareholder director has indicated that he will provide adequate resources to meet the company's debts and liabilities as they fall due
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 0 |  | 0
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Investment property
£
| Fair Value
| At 1 April 2024 | 9,700,000
| At 31 March 2025 | 9,700,000
£
| Historical cost upon reclassification | 6,769,110
4 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Shareholder's loan |  | 7,736,034 |  | 7,636,031
| Other creditors | 7,096 |  | -
|  |  |  |  |  | 7,743,130 |  | 7,636,031
5 | Other information
| 71 Park Street Limited is a private company limited by shares and incorporated in England. Its registered office is: 9 Bonhill Street, London EC2A 4DJ
| 9 Bonhill Street
| London
| EC2A 4DJ

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