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Registered number: 13854697
Park Your Truck Ltd
Financial Statements
For The Year Ended 31 December 2024
Park Your Truck Ltd
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—4

Page 1
Park Your Truck Ltd
Balance Sheet
As At 31 December 2024
Balance Sheet
Registered number: 13854697

| 2024 | 2023
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 33,907 |  | 34,113
|  |  | 33,907 |  | 34,113
CURRENT ASSETS
Debtors | 5 | 2,834,431 |  | 2,244,365 |
Cash at bank and in hand |  | 251,969 |  | 517,275 |
|  | 3,086,400 |  | 2,761,640 |
Creditors: Amounts Falling Due Within One Year | 6 | (1,313,104 ) |  | (1,035,415 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 1,773,296 |  | 1,726,225
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,807,203 |  | 1,760,338
PROVISIONS FOR LIABILITIES
Deferred Taxation | 7 |  | (8,477 ) |  | (8,594 )
NET ASSETS |  |  | 1,798,726 |  | 1,751,744
CAPITAL AND RESERVES
Called up share capital | 8 |  | 1 |  | 1
Profit and Loss Account |  |  | 1,798,725 |  | 1,751,743
SHAREHOLDERS' FUNDS |  |  | 1,798,726 |  | 1,751,744

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Denise Schuster Director
11 February 2026

The notes on pages 2 to 4 form part of these financial statements.
Page 1
Page 2
Park Your Truck Ltd
Notes to the Financial Statements
For The Year Ended 31 December 2024
Notes to the Financial Statements
1. General Information
Park Your Truck Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13854697 . The registered office is Masonic Building, 9 Mill Street, Sutton Coldfield, West Midlands, B72 1TJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the provision of commerical parking and associated facilities. Turnover in respect of the rent of parking spaces is charged to customers on a monthly basis and the revenue is recognised at the end of each month.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 5 years straight line
Motor Vehicles | 5 years straight line
Computer Equipment | 3 years straight line

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
Page 2
Page 3
Park Your Truck Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
2.7. Taxation - continued
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets

| Plant & Machinery | Motor Vehicles | Computer Equipment | Total
--- | --- | --- | --- | ---
| £ | £ | £ | £
Cost
As at 1 January 2024 | 15,979 | 22,000 | - | 37,979
Additions | 5,076 | 1,900 | 980 | 7,956
As at 31 December 2024 | 21,055 | 23,900 | 980 | 45,935
Depreciation
As at 1 January 2024 | 2,583 | 1,283 | - | 3,866
Provided during the period | 3,408 | 4,717 | 37 | 8,162
As at 31 December 2024 | 5,991 | 6,000 | 37 | 12,028
Net Book Value
As at 31 December 2024 | 15,064 | 17,900 | 943 | 33,907
As at 1 January 2024 | 13,396 | 20,717 | - | 34,113

5. Debtors

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 778,210 |  | 788,038
Prepayments and accrued income | 168,707 |  | 149,794
Other debtors | 315,558 |  | 52,674
Amounts owed by group undertakings | 1,571,956 |  | 1,253,859
| 2,834,431 |  | 2,244,365

The amounts owed by group undertakings are unsecured, interest free and repayable on demand.
6. Creditors: Amounts Falling Due Within One Year

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Trade creditors | 548,097 |  | 344,001
Corporation tax | 30,801 |  | 433,660
VAT | 55,826 |  | 16,439
Accruals and deferred income | 678,380 |  | 241,315
| 1,313,104 |  | 1,035,415

Page 3
Page 4
Park Your Truck Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2024
7. Deferred Taxation
The provision for deferred tax is made up as follows:

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Other timing differences | 8,477 |  | 8,594

8. Share Capital

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 1 |  | 1

9. Other Commitments
The company has a number of lease commitments in respect of land. The total of future minimum lease payments under non-cancellable operating leases are as following:

| 2024 |  | 2023
--- | --- | --- | ---
| £ |  | £
Not later than one year | 1,677,711 |  | 1,040,226
Later than one year and not later than five years | 2,441,228 |  | -
| 4,118,939 |  | 1,040,226

10. Post Balance Sheet Events
There are no events that have occured since the reporting date that need to be disclosed or adjusted for in these financial statements.
11. Related Party Transactions
The company has taken advantage of the FRS102 section 33. 1A exemption from disclosing transactions with wholly owned group companies.
12. FRC's Ethical Standard - Provision Available for Small Entities
In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.
13. Ultimate Controlling Party
The company is a wholly owned subsidiary of Park Your Truck GmbH, a company incorporated in Germany, and its registered office is located at Kothener Str. 70, 06847 Dessau-Rosslau, Germany.
14. Audit Information
The auditor's report on the accounts of Park Your Truck Ltd for the year ended 31 December 2024 was unqualified.
The auditor's report was signed by Neil Harrison (Senior Statutory Auditor) for and on behalf of Harrison Partners Limited , Statutory Auditor.

Harrison Partners Limited Masonic Building 9 Mill Street Sutton Coldfield B72 1TJ

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