Company registration number 14572669 (England and Wales)
PARKSIDE CRAWCROOK LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
PAGES FOR FILING WITH REGISTRAR
PARKSIDE CRAWCROOK LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 9
PARKSIDE CRAWCROOK LIMITED
BALANCE SHEET
AS AT
30 JUNE 2025
30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
4
848,535
895,401
Tangible assets
5
88,675
46,615
937,210
942,016
Current assets
Stocks
78,826
83,852
Debtors
6
758,504
610,989
Cash at bank and in hand
325,159
198,678
1,162,489
893,519
Creditors: amounts falling due within one year
7
(1,177,460)
(1,006,834)
Net current liabilities
(14,971)
(113,315)
Total assets less current liabilities
922,239
828,701
Creditors: amounts falling due after more than one year
8
(691,658)
(730,212)
Provisions for liabilities
(22,169)
(2,519)
Net assets
208,412
95,970
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
208,312
95,870
Total equity
208,412
95,970
PARKSIDE CRAWCROOK LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2025
30 June 2025
- 2 -

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 9 February 2026 and are signed on its behalf by:
Mr S Nair
Mrs K Qureshi
Director
Director
Company registration number 14572669 (England and Wales)
PARKSIDE CRAWCROOK LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
- 3 -
1
Accounting policies
Company information

Parkside Crawcrook Limited is a private company limited by shares incorporated in England and Wales. The registered office is Front Street, Bellingham, Hexham, Northumberland, NE48 2AA.

1.1
Reporting period

Accounts are presented covering an 18 month period. This was done to move the year end to fall in line with those of the related parties. Being the first set of accounts, there are hence no comparative figures.

The company was incorporated on 5 January 2023 and began trading on 1 August 2023.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.4
Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is twenty years. This is deemed a more accurate life time than the recommended ten years.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

PARKSIDE CRAWCROOK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 4 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% straight line
Leasehold improvements
25% reducing balance
Plant and equipment
15% reducing balance
Fixtures and fittings
15% reducing balance
Computers
3 years straight line
Motor vehicles
20% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

PARKSIDE CRAWCROOK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

PARKSIDE CRAWCROOK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
1
Accounting policies
(Continued)
- 6 -

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

1.13
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.14
Leases
As lessee

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.15
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

PARKSIDE CRAWCROOK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 7 -
3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
13
11
4
Intangible fixed assets
Goodwill
£
Cost
At 1 July 2024 and 30 June 2025
934,456
Amortisation and impairment
At 1 July 2024
39,055
Amortisation charged for the year
46,866
At 30 June 2025
85,921
Carrying amount
At 30 June 2025
848,535
At 30 June 2024
895,401
PARKSIDE CRAWCROOK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 8 -
5
Tangible fixed assets
Freehold land and buildings
Leasehold improvements
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
£
Cost
At 1 July 2024
1
-
0
-
0
24,984
12,507
19,199
56,691
Additions
-
0
66,072
1,450
1,399
1,095
-
0
70,016
At 30 June 2025
1
66,072
1,450
26,383
13,602
19,199
126,707
Depreciation and impairment
At 1 July 2024
-
0
-
0
-
0
3,123
3,753
3,200
10,076
Depreciation charged in the year
-
0
16,518
54
3,314
4,230
3,840
27,956
At 30 June 2025
-
0
16,518
54
6,437
7,983
7,040
38,032
Carrying amount
At 30 June 2025
1
49,554
1,396
19,946
5,619
12,159
88,675
At 30 June 2024
1
-
0
-
0
21,861
8,754
15,999
46,615
PARKSIDE CRAWCROOK LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
- 9 -
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
568,350
446,507
Corporation tax recoverable
12,054
-
0
Other debtors
155,388
148,922
Prepayments and accrued income
22,712
15,560
758,504
610,989
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
31,993
26,764
Obligations under finance leases
3,915
3,915
Trade creditors
683,863
577,162
Corporation tax
49,428
48,548
Other taxation and social security
3,591
4,665
Other creditors
339,315
344,115
Accruals and deferred income
65,355
1,665
1,177,460
1,006,834
8
Creditors: amounts falling due after more than one year
2025
2024
Notes
£
£
Bank loans and overdrafts
682,524
717,163
Obligations under finance leases
9,134
13,049
691,658
730,212
2025-06-30 2024-07-01 false false false 09 February 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr S Nair Mrs S Nair Mrs K Qureshi Mr F Qureshi 14572669 2024-07-01 2025-06-30 14572669 2025-06-30 14572669 2024-06-30 14572669 core:Goodwill 2025-06-30 14572669 core:Goodwill 2024-06-30 14572669 core:LandBuildings core:OwnedOrFreeholdAssets 2025-06-30 14572669 core:LeaseholdImprovements 2025-06-30 14572669 core:PlantMachinery 2025-06-30 14572669 core:FurnitureFittings 2025-06-30 14572669 core:ComputerEquipment 2025-06-30 14572669 core:MotorVehicles 2025-06-30 14572669 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 14572669 core:LeaseholdImprovements 2024-06-30 14572669 core:PlantMachinery 2024-06-30 14572669 core:FurnitureFittings 2024-06-30 14572669 core:ComputerEquipment 2024-06-30 14572669 core:MotorVehicles 2024-06-30 14572669 core:CurrentFinancialInstruments 2025-06-30 14572669 core:CurrentFinancialInstruments 2024-06-30 14572669 core:Non-currentFinancialInstruments 2025-06-30 14572669 core:Non-currentFinancialInstruments 2024-06-30 14572669 core:ShareCapital 2025-06-30 14572669 core:ShareCapital 2024-06-30 14572669 core:RetainedEarningsAccumulatedLosses 2025-06-30 14572669 core:RetainedEarningsAccumulatedLosses 2024-06-30 14572669 bus:Director1 2024-07-01 2025-06-30 14572669 bus:Director3 2024-07-01 2025-06-30 14572669 core:Goodwill 2024-07-01 2025-06-30 14572669 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 14572669 core:LeaseholdImprovements 2024-07-01 2025-06-30 14572669 core:PlantMachinery 2024-07-01 2025-06-30 14572669 core:FurnitureFittings 2024-07-01 2025-06-30 14572669 core:ComputerEquipment 2024-07-01 2025-06-30 14572669 core:MotorVehicles 2024-07-01 2025-06-30 14572669 2023-01-05 2024-06-30 14572669 core:Goodwill 2024-06-30 14572669 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 14572669 core:LeaseholdImprovements 2024-06-30 14572669 core:PlantMachinery 2024-06-30 14572669 core:FurnitureFittings 2024-06-30 14572669 core:ComputerEquipment 2024-06-30 14572669 core:MotorVehicles 2024-06-30 14572669 2024-06-30 14572669 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 14572669 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 14572669 bus:FRS102 2024-07-01 2025-06-30 14572669 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 14572669 bus:Director2 2024-07-01 2025-06-30 14572669 bus:Director4 2024-07-01 2025-06-30 14572669 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP