Company Registration No. 2992698 (England and Wales)
Car Park Investments Limited
Unaudited accounts
for the year ended 31 March 2025
Car Park Investments Limited
Unaudited accounts
Contents
Car Park Investments Limited
Company Information
for the year ended 31 March 2025
Directors
A Naghshineh
S Naghshineh
C Thoday
Company Number
2992698 (England and Wales)
Registered Office
Riverside House
11-13 Riverside Road
Norwich
Norfolk
NR1 1SQ
Car Park Investments Limited
Statement of financial position
as at 31 March 2025
Debtors
1,335,300
1,335,300
Cash at bank and in hand
(47,238)
(41,050)
Creditors: amounts falling due within one year
(136,665)
(136,665)
Net current assets
1,151,397
1,157,585
Total assets less current liabilities
1,151,397
1,157,585
Creditors: amounts falling due after more than one year
(23,204)
(28,584)
Net assets
1,128,193
1,129,001
Called up share capital
2
2
Profit and loss account
1,128,191
1,128,999
Shareholders' funds
1,128,193
1,129,001
For the year ending 31 March 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 21 November 2025 and were signed on its behalf by
C Thoday
Director
Company Registration No. 2992698
Car Park Investments Limited
Notes to the Accounts
for the year ended 31 March 2025
Car Park Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 2992698. The registered office is Riverside House, 11-13 Riverside Road, Norwich, Norfolk, NR1 1SQ.
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.
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.
The accounts have been prepared under the historical cost convention unless specified within these accounting policies.
At the end of the year the Company had an outstanding balance on a bank loan of £29,391 (2024: £34,470)
At the end of the year the company was owed £1,335,300 (2024: £1,335,300) by connected parties.
At the end of the year the company owed a total of £119,102 (2024: £119,102) to connected parties.
Based on the above the directors have prepared cashflow projections and business plans which demonstrate that the company has the resources available to meet its obligations for the foreseeable future and, in particular, has resources available for the period of 12 months from the date of approval of these financial statements.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts.
Deferred tax liabilities arising from gains on the revaluation of investment property are recognised in full.
Deferred tax assets arising from unrelieved tax losses are recognised only to the extent that it is probable that they will be recovered against future profits or the future reversal of deferred tax liabilities.
FRS102 required the individual components of tax expense or tax benefit to be allocated to the profit and loss, where appropriate these are disclosed in the notes to the accounts.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Amounts due from group undertakings etc.
1,335,300
1,335,300
Car Park Investments Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
6,187
6,187
Trade creditors
11,376
11,376
Amounts owed to group undertakings and other participating interests
119,102
119,102
6
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Transactions with related parties
Under section 33.1A of FRS 102 the Company is not obliged to disclose transaction between members of other group companies where group accounts are prepared.
The company operates a loan relationship with RCP Parking Limited, a company in which the ultimate controlling parties are A Naghshineh and S Naghshineh. The loan balance at the end of the year was £99,227 (2024: £99,227). The company also owed £8,088 (2024: £6,740) to RCP Parking Limited which is included in trade creditors.
Kerdiston Investments Ltd, a company controlled by A Naghshineh operates a loan account with the company. At year end Kerdiston Investments Ltd owed a total of £13,948 (2024: £13,948) to the company.
Alexol Ltd, a company controlled by A Naghshineh operates a loan account with the company. At year end Alexol Ltd was owed a total of £19,876 (2024: £19,876) to the company.
The company is controlled by Targetfollow Group Limited and, in the opinion of the directors, this is the company's ultimate parent company. The ultimate controlling party is the director and shareholder of Targetfollow Group Limited, A Naghshineh.
The parent undertaking of the largest and smallest group for which consolidated accounts are prepared is Targetfollow Group Ltd. Consolidated accounts are available from Companies House.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).