REGISTERED NUMBER: 13967042 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Parkinson Property Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D Parkinson

Mrs R E Parkinson

REGISTERED OFFICE:

Kenton House

Oxford Street

Moreton-in-Marsh

Gloucestershire

GL56 0LA

REGISTERED NUMBER:

13967042 (England and Wales)

ACCOUNTANTS:

Tayabali Tomlin

Chartered Accountants

Kenton House

Oxford Street

Moreton-in-Marsh

Gloucestershire

GL56 0LA

FIXED ASSETS

Tangible assets

4

2,072

2,756

Investment property

5

568,178

568,178

570,250

570,934

CURRENT ASSETS

Debtors

6

3,798

904

Cash at bank and in hand

25,436

8,665

29,234

9,569

CREDITORS

Amounts falling due within one year

7

125,944

189,198

NET CURRENT LIABILITIES

(96,710

)

(179,629

)

TOTAL ASSETS LESS CURRENT LIABILITIES

473,540

391,305

CREDITORS

Amounts falling due after more than one year

8

(452,500

)

(383,476

)

PROVISIONS FOR LIABILITIES

(455

)

-

NET ASSETS

20,585

7,829

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

20,485

7,729

20,585

7,829

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 17 December 2025 and were signed on its behalf by:

M D Parkinson - Director

1.	STATUTORY INFORMATION

Parkinson Property Holdings 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Investment property

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

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

4,466

DEPRECIATION

At 1 April 2024

1,710

Charge for year

684

At 31 March 2025

2,394

NET BOOK VALUE

At 31 March 2025

2,072

At 31 March 2024

2,756

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

568,178

NET BOOK VALUE

At 31 March 2025

568,178

At 31 March 2024

568,178

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,798

904

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

3,262

2,065

Other creditors

122,682

187,133

125,944

189,198

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

452,500

383,476

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

452,500

383,476

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

452,500

383,476

The loans have been provided by Charter Court Financial Services Limited (trading as Precise Mortgages) and are secured by charges over the properties 59 Oxford Road, Gloucester. GL1 3EE and 111 Oxford Road, Gloucester, GL1 3ED

10.	RELATED PARTY DISCLOSURES