Parklands (Northampton) Limited


Directors	Itfaq Ahmed
	Kalsoom Ahmed


Registered Number	03454623 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		243,890		200,941
			243,890		200,941
Current assets
Stocks		44,541		46,292
Debtors	4	1,089,097		948,466
Cash at bank and on hand		831,014		898,500
		1,964,652		1,893,258
Creditors amounts falling due within one year	5	(425,551)		(511,935)
Net current assets (liabilities)			1,539,101		1,381,323
Total assets less current liabilities			1,782,991		1,582,264
Creditors amounts falling due after one year	6		(7,287)		(1,774)
Provisions for liabilities	8		-		(8,157)
Net assets			1,775,704		1,572,333
Capital and reserves
Called up share capital			90		90
Profit and loss account			1,775,614		1,572,243
Shareholders' funds			1,775,704		1,572,333

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 18 December 2025, and are signed on its behalf by:

Itfaq Ahmed
Director
Registered Company No. 03454623

Parklands (Northampton) Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	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).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	11		12

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£	£
Cost or valuation
At 01 April 24	46,607	183,874	80,799	90,956	-	402,236
Additions	-	125,000	31,861	-	3,912	160,773
Disposals	-	(115,540)	-	-	-	(115,540)
At 31 March 25	46,607	193,334	112,660	90,956	3,912	447,469
Depreciation and impairment
At 01 April 24	-	91,896	33,335	76,064	-	201,295
Charge for year	-	21,535	15,865	2,978	229	40,607
On disposals	-	(38,323)	-	-	-	(38,323)
At 31 March 25	-	75,108	49,200	79,042	229	203,579
Net book value
At 31 March 25	46,607	118,226	63,460	11,914	3,683	243,890
At 31 March 24	46,607	91,978	47,464	14,892	-	200,941

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	246,556	238,009
Amounts owed by group undertakings	779,947	662,288
Other debtors	61,460	43,602
Prepayments and accrued income	1,134	4,567
Total	1,089,097	948,466

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	167,854	273,947
Taxation and social security	89,360	79,269
Payments received on account	113,224	117,065
Finance lease and HP contracts	9,061	20,529
Other creditors	10,098	641
Accrued liabilities and deferred income	35,954	20,484
Total	425,551	511,935

6.	Creditors: amounts due after one year

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	16,348		22,303

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	-	8,157
Total	-	8,157

9.	Related party transactions
	Amount owed by group undertakings of £779,947 (2024: £662,288) relates to Prudent Pharma Ltd.