REGISTERED NUMBER: 03025463 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2025

for

CAR PARK VALETING LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M J Kingshott

J M Kingshott

O A Kingshott

REGISTERED OFFICE:

Suffolk House

George Street

Croydon

Surrey

CR0 0YN

REGISTERED NUMBER:

03025463 (England and Wales)

ACCOUNTANTS:

TC Group

3rd Floor, Suffolk House

George Street

Croydon

CR0 0YN

FIXED ASSETS

Property, plant and equipment

4

1,720,051

1,975,754

Investments

5

1

1

1,720,052

1,975,755

CURRENT ASSETS

Inventories

6

9,177

28,602

Debtors

7

170,587

543,883

Cash at bank

107,879

76,617

287,643

649,102

CREDITORS

Amounts falling due within one year

8

1,100,041

1,765,501

NET CURRENT LIABILITIES

(812,398

)

(1,116,399

)

TOTAL ASSETS LESS CURRENT LIABILITIES

907,654

859,356

CREDITORS

Amounts falling due after more than one year

9

(536,796

)

(314,342

)

PROVISIONS FOR LIABILITIES

(382,655

)

(488,014

)

NET (LIABILITIES)/ASSETS

(11,797

)

57,000

CAPITAL AND RESERVES

Called up share capital

228,600

228,600

Retained earnings

(240,397

)

(171,600

)

SHAREHOLDERS' FUNDS

(11,797

)

57,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th June 2026 and were signed on its behalf by:

J M Kingshott - Director

1.	STATUTORY INFORMATION

Car Park Valeting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors consider it appropriate to prepare these financial statements on a going concern basis having confirmed that the shareholders will continue to make available such financial support as is required to enable the company to continue to trade for the foreseeable future.

Turnover

Turnover represents services supplied during the year, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 14 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1st January 2025

5,695,069

26,268

-

5,721,337

Additions

-

-

351,174

351,174

Disposals

(149,650

)

-

-

(149,650

)

At 31st December 2025

5,545,419

26,268

351,174

5,922,861

DEPRECIATION

At 1st January 2025

3,720,392

25,191

-

3,745,583

Charge for year

387,176

216

87,793

475,185

Eliminated on disposal

(17,958

)

-

-

(17,958

)

At 31st December 2025

4,089,610

25,407

87,793

4,202,810

NET BOOK VALUE

At 31st December 2025

1,455,809

861

263,381

1,720,051

At 31st December 2024

1,974,677

1,077

-

1,975,754

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1st January 2025

and 31st December 2025

1

NET BOOK VALUE

At 31st December 2025

1

At 31st December 2024

1

6.	INVENTORIES

31.12.25

31.12.24

£

£

Stocks

8,877

28,302

Work-in-progress

300

300

9,177

28,602

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

64,803

168,725

Amounts owed by group undertakings

13,163

13,163

Prepayments and accrued income

92,621

361,995

170,587

543,883

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

110,641

317,511

Hire purchase contracts (see note 10)

62,694

100,657

Trade creditors

208,651

492,457

Amounts owed to group undertakings

28,005

18,040

Tax

15,064

-

Social security and other taxes

14,434

16,058

VAT

52,205

79,485

Other creditors

126,590

298,681

Accrued expenses

481,757

442,612

1,100,041

1,765,501

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans - 2-5 years

284,658

272,222

Hire purchase contracts (see note 10)

252,138

42,120

536,796

314,342

10.	LEASING AGREEMENTS

At 31 December 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £57,098 (2024: £206,334)

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank overdraft

-

59,178

Bank loans

395,299

530,555

395,299

589,733

The bank borrowings are secured by a debenture creating a fixed and floating charge over the undertaking and all tangible and intangible fixed and current assets of the company, both present and future, and a personal guarantee by Michael Kingshott to a value of £100,000.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is M J Kingshott.