ACCOUNTS - Final Accounts

Registered number: 11662936

HOWARD PARKS HOMES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

HOWARD PARKS HOMES LIMITED

REGISTERED NUMBER: 11662936

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		502,645		502,645
Current assets
Debtors: amounts falling due within one year	5	100		100
Creditors: amounts falling due within one year	6	(562,535)		(557,464)
Net current liabilities			(562,435)		(557,364)

Net liabilities			(59,790)		(54,719)

Capital and reserves
Called up share capital	7	150	150
Profit and loss account		(59,940)	(54,869)
		(59,790)	(54,719)

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HOWARD PARKS HOMES LIMITED

REGISTERED NUMBER: 11662936

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Ms M Howard

Director

Date: 18 December 2025

The notes on pages 3 to 5 form part of these financial statements.

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HOWARD PARKS HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Howard Parks Homes Limited is a Private Company limited by shares incorporated in England and Wales within the United Kingdom. The address of the registered office is Tennyson House, Cambridge Business Park, Cambridge, CB4 0WZ.

This company is the parent company of the Howard Parks Homes Group.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentational currency is Pounds sterling.

The level of rounding is to the nearest £.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Going concern

The director has considered the going concern basis in preparing these financial statements. She has concluded that the going concern basis is appropriate because sufficient funds will be generated from future trading of group companies and they have confirmed they will provide continued support for a period of at least twelve months from the date of the approval of these financial statements to enable the company to meet its liabilities as they arise.

The financial statements do not include any adjustments that would result from the withdrawal of this support.

2.4

Taxation

The tax expense for the year comprises corporation tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

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HOWARD PARKS HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost
	At 1 April 2024	502,645
	At 31 March 2025	502,645

Debtors

					2025	2024
					£	£


Other debtors	100	100

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	1,894	-
Amounts owed to group undertakings	560,641	556,964
Corporation tax	-	500
	562,535	557,464

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HOWARD PARKS HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

7.	Share capital
		2025	2024
		£	£

Allotted, called up and partly paid

150 (2024 - 150) Ordinary Shares shares of £1.00 each	150	150

8.	Contingent liabilities

The Company has given a guarantee in respect of the bank borrowings of Hampshire Mobile Park Homes Limited, a subsidiary undertaking, which amounted to £5,026,707 (2024 - £5,376,946). The borrowings are secured by a debenture over the assets of the group.

9.	Related party transactions
	The Company continued its intercompany loan with its subsidiaries in the year. The balance outstanding as at the year end was £560,641 (2024 - £556,964) and is shown within creditors. This balance is interest free and repayable on demand.

10.	Controlling party

As of the balance sheet date the controlling party is Ms Mecaler Howard, by virtue of her 100% shareholding.

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