Park Pianos Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10440965

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		20,587		23,583

			20,587		23,583
CURRENT ASSETS
Stocks	5	371,000		242,000
Debtors	6	113,028		35,181
Cash at bank and in hand		189		(337 )

		484,217		276,844
Creditors: Amounts Falling Due Within One Year	7	(409,249 )		(203,959 )

NET CURRENT ASSETS (LIABILITIES)			74,968		72,885

TOTAL ASSETS LESS CURRENT LIABILITIES			95,555		96,468

Creditors: Amounts Falling Due After More Than One Year	8		(19,234 )		(24,648 )

NET ASSETS			76,321		71,820

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			76,221		71,720

SHAREHOLDERS' FUNDS			76,321		71,820

Page 1

Page 2

Park Pianos Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Rita Galvin

Director

27th July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Park Pianos Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10440965 . The registered office is Former Pump House, Ena Mill, Flapper Fold Lane, Atherton, M46 0HB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	No depreciation
Plant & Machinery	33% Straight Line
Motor Vehicles	25% Reducing balance

2.4. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 November 2024	15,658	17,948	10,035	43,641
Additions	-	295	-	295

As at 31 October 2025	15,658	18,243	10,035	43,936

Depreciation
As at 1 November 2024	-	15,668	4,390	20,058
Provided during the period	-	1,880	1,411	3,291

As at 31 October 2025	-	17,548	5,801	23,349

Net Book Value
As at 31 October 2025	15,658	695	4,234	20,587

As at 1 November 2024	15,658	2,280	5,645	23,583

Page 3

Page 4

Park Pianos Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Stocks

	2025	2024
	£	£
Finished goods	371,000	242,000

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	93,457	27,099
Prepayments and accrued income	3,853	3,967
Other debtors	-	1,732
VAT	15,718	2,383

	113,028	35,181

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	294,715	93,924
Bank loans and overdrafts	46,531	27,903
Corporation tax	10,760	14,995
Other taxes and social security	432	95
Net wages	-	240
Other creditors	2,500	9,100
Director's loan account	54,311	57,702

	409,249	203,959

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	19,234	24,648

Included within Bank Loans is a Bounce Back Loan facility provided by Santander UK. The interest is secured by the government for the first 12 months followed by a rate of 2.5% fixed for up to 5 years. The loan capital is secured by HM Government.

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100