REGISTERED NUMBER: 13056266 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Parkwood Springs Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D R Singh Gangotra

Mr M Larsen

REGISTERED OFFICE:

Saxon Works

167 Rutland Road

Sheffield

South Yorkshire

S3 9PT

REGISTERED NUMBER:

13056266 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

CURRENT ASSETS

Stocks

39,004

39,004

Debtors

4

370,262

107,949

Cash at bank

48

1,912

409,314

148,865

CREDITORS

Amounts falling due within one year

5

399,482

85,491

NET CURRENT ASSETS

9,832

63,374

TOTAL ASSETS LESS CURRENT LIABILITIES

9,832

63,374

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

9,732

63,274

SHAREHOLDERS' FUNDS

9,832

63,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 July 2026 and were signed on its behalf by:

Mr M Larsen - Director

1.	STATUTORY INFORMATION

Parkwood Springs Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Stocks 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 Statement of Income and Retained Earnings, 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 5 (2024 - 5 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

(33,106

)

19,027

Amounts owed by group undertakings

364,190

74,124

Directors' current accounts

4,843

-

VAT

13,979

4,301

Prepayments

20,356

10,497

370,262

107,949

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

276,746

53,269

Trade creditors

81,439

7,245

Tax

-

15,759

Social security and other taxes

1,308

-

Other creditors

37,966

-

Accrued expenses

2,023

9,218

399,482

85,491

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

7.	RELATED PARTY DISCLOSURES

BIDBI Holdings Limited

At the year end £346,504 was owed by the parent company, BIDBI Holdings Limited. (2024: £10,700).

Urban Illustrations Ltd

Urban Illustrations Ltd is a company under the common control of Mr Singh and Mr Larsen. At the year end a balance of £933 was owed by Urban Illustrations Ltd.(2024: £1,418).

Bag It Don't Bin It Limited

Bag It Don't Bin It Limited is a company under the common control of Mr Singh and Mr Larsen. At the year end a balance of £16,753 was owed by Bag It Don't Bin It Limited. (2024: £62,006).

8.	ULTIMATE CONTROLLING PARTY

The controlling party is BIDBI Holdings Limited.

The ultimate controlling party is Mr Singh and Mr Larsen.