1 July 2024 false No description of principal activity Taxfiler 2024.6 SC728663business:PrivateLimitedCompanyLtd2024-07-012025-06-30 SC7286632024-06-30 SC7286632024-07-012025-06-30 SC728663business:AuditExemptWithAccountantsReport2024-07-012025-06-30 SC728663business:FilletedAccounts2024-07-012025-06-30 SC7286632025-06-30 SC728663business:Director12024-07-012025-06-30 SC728663business:Director22024-07-012025-06-30 SC728663business:RegisteredOffice2024-07-012025-06-30 SC7286632024-06-30 SC728663core:WithinOneYear2025-06-30 SC728663core:WithinOneYear2024-06-30 SC728663core:AfterOneYear2025-06-30 SC728663core:AfterOneYear2024-06-30 SC728663core:ShareCapitalcore:PreviouslyStatedAmount2025-06-30 SC728663core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 SC728663core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-06-30 SC728663core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 SC728663core:PreviouslyStatedAmount2025-06-30 SC728663core:PreviouslyStatedAmount2024-06-30 SC728663business:SmallEntities2024-07-012025-06-30 SC728663countries:Scotland2024-07-012025-06-30 SC728663core:LandBuildings2024-07-012025-06-30 SC728663core:LandBuildings2024-06-30 SC728663core:FurnitureFittings2024-06-30 SC728663core:FurnitureFittings2024-07-012025-06-30 SC728663core:LandBuildings2025-06-30 SC728663core:FurnitureFittings2025-06-30 SC7286632023-07-012024-06-30 iso4217:GBP xbrli:pure
Company Registration No. SC728663 (Scotland)
PARKHEAD COMMERCIAL PROPERTY LIMITED Unaudited accounts for the year ended 30 June 2025
PARKHEAD COMMERCIAL PROPERTY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PARKHEAD COMMERCIAL PROPERTY LIMITED Company Information for the year ended 30 June 2025
Directors
Francis Dunn Alexander Edward Butler
Company Number
SC728663 (Scotland)
Registered Office
1245 LONDON ROAD GLASGOW G40 3HW SCOTLAND
Accountants
Oak Team Associates Limited Clyde Offices 48 West George Street Glasgow G2 1BP
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PARKHEAD COMMERCIAL PROPERTY LIMITED Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
211,546 
188,152 
Current assets
Cash at bank and in hand
10 
- 
Creditors: amounts falling due within one year
5
(48,150)
(8,038)
Net current liabilities
(48,140)
(8,038)
Total assets less current liabilities
163,406 
180,114 
Creditors: amounts falling due after more than one year
6
(146,390)
(172,965)
Net assets
17,016 
7,149 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
17,014 
7,147 
Shareholders' funds
17,016 
7,149 
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by
Francis Dunn Director Company Registration No. SC728663
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PARKHEAD COMMERCIAL PROPERTY LIMITED Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
PARKHEAD COMMERCIAL PROPERTY LIMITED is a private company, limited by shares, registered in Scotland, registration number SC728663. The registered office is 1245 LONDON ROAD, GLASGOW, G40 3HW, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation charged
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2024
180,000 
10,190 
190,190 
Additions
- 
31,790 
31,790 
At 30 June 2025
180,000 
41,980 
221,980 
Depreciation
At 1 July 2024
- 
2,038 
2,038 
Charge for the year
- 
8,396 
8,396 
At 30 June 2025
- 
10,434 
10,434 
Net book value
At 30 June 2025
180,000 
31,546 
211,546 
At 30 June 2024
180,000 
8,152 
188,152 
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PARKHEAD COMMERCIAL PROPERTY LIMITED Notes to the Accounts for the year ended 30 June 2025
5
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
- 
7 
VAT
6,469 
1,466 
Amounts owed to group undertakings and other participating interests
34,162 
98 
Loans from directors
7,519 
6,467 
48,150 
8,038 
6
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
146,390 
172,965 
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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