Registration number: 11594989

Park Grove Avenue Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Park Grove Avenue Ltd

Company Information

Directors

Mr Nicholas Parkinson Miss Alice Cosgrove

Registered office

Hampton Farm Old Rectory Lane Hampton Lovett Droitwich WR9 0FS

Accountants

AIMS Bridge House River Side North Bewdley Worcestershire DY12 1AB

Park Grove Avenue Ltd

(Registration number: 11594989)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	27,074	-
Other financial assets	5	1,869,711	306,128
		1,896,785	306,128
Current assets
Debtors	6	166,607	43,299
Cash at bank and in hand		1,748,124	119,371
		1,914,731	162,670
Net assets		3,811,516	468,798
Capital and reserves
Called up share capital	7	90	90
Retained earnings		3,811,426	468,708
Shareholders' funds		3,811,516	468,798

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 June 2026 and signed on its behalf by:
 

......................................... Mr Nicholas Parkinson Director

Park Grove Avenue Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 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:
Hampton Farm
Old Rectory Lane
Hampton Lovett
Droitwich
WR9 0FS
United Kingdom

These financial statements were authorised for issue by the Board on 18 June 2026.

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.

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.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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:

Park Grove Avenue Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 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.

Trade debtors

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

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

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

Park Grove Avenue Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Tangible assets

	Motor vehicles  £	Total £
Cost or valuation
Additions	27,074	27,074
At 30 September 2025	27,074	27,074
Depreciation
Carrying amount
At 30 September 2025	27,074	27,074

5	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 October 2024	-	306,128	306,128
Additions	1,563,583	-	1,563,583
At 30 September 2025	1,563,583	306,128	1,869,711
Impairment
Carrying amount
At 30 September 2025	1,563,583	306,128	1,869,711

6

Debtors

Current	2025 £	2024 £
Other debtors	166,607	43,299
	166,607	43,299

7	Share capital

Allotted, called up and fully paid shares

Park Grove Avenue Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

	2025		2024
	No.	£	No.	£
A Ordinary of £1 each	50	50	50	50
B Ordinary of £1 each	40	40	40	40
	90	90	90	90

8

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £100.00 (2024 - £10.00) per each A Ordinary		5,000		500
Interim dividend of £2,250.00 (2024 - £500.00) per each B Ordinary		90,000		20,000
		95,000		20,500

9	Related party transactions

Park Grove Avenue Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	24,000	-