REGISTERED NUMBER: 10854419 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

PARKHEAD INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B J Davidson

M Davidson

REGISTERED OFFICE:

The Grainary

The Grainary Keasbeck Hill Farm

Harwood Dale

Scarborough

YO13 0DT

REGISTERED NUMBER:

10854419 (England and Wales)

ACCOUNTANTS:

Lloyd Dowson Limited

Medina House

2 Station Avenue

Bridlington

East Yorkshire

YO16 4LZ

FIXED ASSETS

Investments

4

4,266,922

6,741,624

Investment property

5

440,000

440,000

4,706,922

7,181,624

CURRENT ASSETS

Debtors

6

518,966

369,585

Cash at bank

125,951

29,295

644,917

398,880

CREDITORS

Amounts falling due within one year

7

6,068,416

8,577,966

NET CURRENT LIABILITIES

(5,423,499

)

(8,179,086

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(716,577

)

(997,462

)

CAPITAL AND RESERVES

Called up share capital

8

550

550

Revaluation reserve

9

1,767,655

2,040,485

Retained earnings

(2,484,782

)

(3,038,497

)

SHAREHOLDERS' FUNDS

(716,577

)

(997,462

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 23 December 2025 and were signed on its behalf by:

B J Davidson - Director

1.	STATUTORY INFORMATION

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

2.	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 as modified by the revaluation of certain assets.

The accounts have been prepared on a going concern basis, the validity of which is dependent upon the continued financial support of the director shareholders. The director shareholders of the company have confirmed that this support will continue.

Turnover

Turnover represents rents received and is recognised as they fall due.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

Investments

Investments are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 6 April 2024

6,741,624

Additions

2,637,221

Disposals

(4,839,093

)

Revaluations

(272,830

)

At 5 April 2025

4,266,922

NET BOOK VALUE

At 5 April 2025

4,266,922

At 5 April 2024

6,741,624

Fixed asset investments were valued on an open market basis on 5 April 2025 by Rowan Dartington and YFM Equity Partners.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2024

and 5 April 2025

440,000

NET BOOK VALUE

At 5 April 2025

440,000

At 5 April 2024

440,000

The directors have considered the investment property as at 5 April 2025 and believe it is stated at fair value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Other debtors

518,966

369,585

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Taxation and social security

-

142,741

Other creditors

6,068,416

8,435,225

6,068,416

8,577,966

8.	CALLED UP SHARE CAPITAL

Number:

Class:

Nominalvalue:

5.4.25

5.4.24

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

50

Ordinary C

£1

50

50

50

Ordinary D

£1

50

50

50

Ordinary E

£1

50

50

50

Ordinary F

£1

100

100

100

Ordinary G

£1

100

100

550

550

9.

RESERVES

Revaluation

reserve

£

At 6 April 2024

2,040,485

Movement on revaluation

(272,830

)

At 5 April 2025

1,767,655