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Registration number: 09435175

Parkside House Limited
Annual Report and Unaudited Financial Statements
for the Period from 1 May 2024 to 30 June 2025

Parkside House Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 5

Parkside House Limited

(Registration number: 09435175)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 3,009,037 | 3,000,000
Current assets |  |  |
Debtors | 5 | 307,753 | 342,614
Cash at bank and in hand |  | 3,343 | 878
|  | 311,096 | 343,492
Creditors: Amounts falling due within one year | 6 | (115,680) | (125,835)
Net current assets |  | 195,416 | 217,657
Total assets less current liabilities |  | 3,204,453 | 3,217,657
Provisions for liabilities |  | (733,755) | (733,755)
Net assets |  | 2,470,698 | 2,483,902
Capital and reserves |  |  |
Called up share capital |  | 3,986,371 | 3,986,371
Other reserves |  | 315,537 | 315,537
Retained earnings |  | (1,831,210) | (1,818,006)
Shareholders' funds |  | 2,470,698 | 2,483,902

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

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Parkside House Limited

(Registration number: 09435175)
Balance Sheet as at 30 June 2025

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 25 March 2026

......................................... F Gianfrancesco Director

Parkside House Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2024 to 30 June 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Freehold property | Not provided

Parkside House Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2024 to 30 June 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the period, was 2 (2024 - 2).

4 | Tangible assets

| Land and buildings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 May 2024 | 3,000,000 | - | 3,000,000
Additions | - | 10,632 | 10,632
At 30 June 2025 | 3,000,000 | 10,632 | 3,010,632
Depreciation
Charge for the period | - | 1,595 | 1,595
At 30 June 2025 | - | 1,595 | 1,595
Carrying amount
At 30 June 2025 | 3,000,000 | 9,037 | 3,009,037
At 30 April 2024 | 3,000,000 | - | 3,000,000

Included within the net book value of land and buildings above is £3,000,000 (2024 - £3,000,000) in respect of freehold land and buildings.

Parkside House Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2024 to 30 June 2025

The properties were revalued last year. The directors have much experience of the property market. A professional valuation was not carried out at this time.

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | - | 8,333
Other debtors | 307,753 | 334,281
| 307,753 | 342,614

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 486 | -
Taxation and social security | - | 23,589
Other creditors | 115,194 | 102,246
| 115,680 | 125,835

7 | Related party transactions

Related party transactions

At the balance sheet date the amount due from companies related by common control was £283,669 (2024: £334,281).