| Parkwood Road (No 45) Limited |
| Registered number: |
05042000 |
| Balance Sheet |
| as at 28 February 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
8,878 |
|
|
8,878 |
|
| Current assets |
| Debtors |
4 |
|
960 |
|
|
943 |
| Cash at bank and in hand |
|
|
2,301 |
|
|
2,588 |
|
|
|
3,261 |
|
|
3,531 |
|
| Creditors: amounts falling due within one year |
5 |
|
(324) |
|
|
(312) |
|
| Net current assets |
|
|
|
2,937 |
|
|
3,219 |
|
| Net assets |
|
|
|
11,815 |
|
|
12,097 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
5 |
|
|
5 |
| Capital reserve account |
6 |
|
|
9,500 |
|
|
9,500 |
| Profit and loss account |
|
|
|
2,310 |
|
|
2,592 |
|
| Shareholders' funds |
|
|
|
11,815 |
|
|
12,097 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| S L Goodlad |
| Director |
| Approved by the board on 11 May 2026 |
|
| Parkwood Road (No 45) Limited |
| Notes to the Accounts |
| for the year ended 28 February 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents contributions towards communal expenditure received from the owners of the flats at 45 Parkwood Road. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is not provided on the freehold property, being the head lease to five leasehold flats, as the Directors are of the opinion that its value is, and will remain, in excess of cost. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 March 2025 |
8,878 |
|
At 28 February 2026 |
8,878 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 28 February 2026 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2026 |
8,878 |
|
At 28 February 2025 |
8,878 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Other debtors |
960 |
|
943 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Other creditors |
324 |
|
312 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Capital reserve account |
2026 |
|
2025 |
| £ |
£ |
|
|
At 1 March 2025 |
9,500 |
|
9,500 |
|
|
At 28 February 2026 |
9,500 |
|
9,500 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Parkwood Road (No 45) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Flat 1, 45 Parkwood Road |
|
Southbourne |
|
Bournemouth |
|
Dorset |
|
BH5 2BS |