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PARKFIELD SOLAR BATTERY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 SEPTEMBER 2025
Parkfield Solar Battery Limited is a private company limited by shares and incorporated in England and Wales. Its registered office address is Unit 1 Burlington Park, Station Road, Foxton, Cambridge, CB22 6SA.
Its functional and presentational currency is GBP.
The company was incorporated on 27 January 2025 and began trading on that date.
2.ACCOUNTING POLICIES
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BASIS OF PREPARATION OF FINANCIAL STATEMENTS
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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 following principal accounting policies have been applied:
The Company had net liabilities of £1,992 as at 30 September 2025, however the financial statements are prepared on the Going Concern basis as the Company benefits from the financial support of its shareholders and connected companies.
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.
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.
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The Company has no employees other than the directors, who did not receive any remuneration.
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