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Registered number: 09253887






PARKSIDE MOTORS LTD


ACCOUNTS

FOR THE YEAR ENDED 31/10/2025
























Prepared By:
DK Accounting Services Ltd
Accountancy
8 Flora Close
Stanmore
HA7 4PY


ACCOUNTS
FOR THE YEAR ENDED 31/10/2025





DIRECTORS
Gokhan Kismar


REGISTERED OFFICE
200 Burntoak Broadway
Edgware
Middlesex
HA8 0AP


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09253887



ACCOUNTANTS
DK Accounting Services Ltd
Accountancy
8 Flora Close
Stanmore
HA7 4PY


ACCOUNTS
FOR THEYEARENDED31/10/2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/10/2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	3		104,621		44,368

CURRENT ASSETS
Stock		1,315,979		1,190,612
Debtors	5	364,631		393,330
Cash at bank and in hand		717		717
		1,681,327		1,584,659
CREDITORS: Amounts falling due within one year	6	1,754,602		1,551,996
NET CURRENT (LIABILITIES) / ASSETS			(73,275)		32,663
TOTAL ASSETS LESS CURRENT LIABILITIES			31,346		77,031

CAPITAL AND RESERVES

Called up share capital	7		100		100
Profit and loss account			31,246		76,931
SHAREHOLDERS' FUNDS			31,346		77,031

For the year ending 31/10/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 20/06/2026 and signed on their behalf by



.............................
Gokhan Kismar
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		15%
Fixtures and Fittings		15%
Motor Cars		25%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




3. TANGIBLE FIXED ASSETS

	Plant and	Fixtures
	Machinery	and Fittings	Motor Cars	Total
	£	£	£	£
Cost
At 01/11/2024	73,261	-	28,125	101,386
Additions	11,005	68,497	-	79,502
At 31/10/2025	84,266	68,497	28,125	180,888
Depreciation
At 01/11/2024	35,567	-	21,451	57,018
For the year	7,305	10,275	1,669	19,249
At 31/10/2025	42,872	10,275	23,120	76,267
Net Book Amounts
At 31/10/2025	41,394	58,222	5,005	104,621
At 31/10/2024	37,694	-	6,674	44,368




4. STOCK	2025	2024
	£	£
Stock comprises:

Stock	1,315,979	1,190,612
	1,315,979	1,190,612




5. DEBTORS	2025	2024
	£	£
Amounts falling due within one year
Trade debtors	330,097	344,494
VAT	2,711	11,974
Other debtors Rent Deposit	9,600	9,600
Directors current account	-	5,039
Loan sedulous Ltd	22,223	22,223
	364,631	393,330




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
UK corporation tax	46,106	42,174
PAYE control	21,417	11,102
Directors current account	6,638	-
Bank loans and overdrafts	5,575	24,521
BIZCAP LOAN ID BU1951808	60,373	57,473
Loan Fleximizw cap ltd	203,892	183,926
SANTANDER BOUNCE BACK LOAN	25,923	31,482
MAXCAP MAXIMISE LOAN	178,122	60,635
FUNDING CIRCLE	37,578	48,454
CAPIFY UK SME LOANS	29,580	39
SPRAY BOOTH GARAGE GOKHAN	68,497	-
Trade creditors	72,973	23,649
Nextgear loan	300,053	359,473
Capital On Tap Credit Card	36,163	36,190
AMERICAN EXPRESS	11,649	12,551
Barclaycard commercial	11,648	11,465
BCA LOAN	638,415	648,862
	1,754,602	1,551,996




7. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
100 Ordinary shares of £1.00 each	100	100
	100	100




2. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	2	4