Parliament Street Properties Limited

Parliament Street Properties Limited
Contents Page
For the year ended 30 June 2025

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

Parliament Street Properties Limited
Company Information
For the year ended 30 June 2025

Director	Steven SINGH
Registered Number	10762939
Registered Office	Castle Heights 72 Maid Marian Way Nottingham NG1 6BJ

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Registered Number: 10762939 Parliament Street Properties Limited
Balance Sheet
As at 30 June 2025

	Notes	2025 £	2024 £
Current assets
Stocks	3	3,006,396	3,006,396
Debtors	4	109,866	91,266
Cash at bank and in hand		50,879	123,855
		3,167,141	3,221,517
Creditors: amount falling due within one year		(42,022)	(213,927)
Net current assets		3,125,119	3,007,590

Total assets less current liabilities		3,125,119	3,007,590
Creditors: amount falling due after more than one year		(1,804,745)	(1,804,745)
Net assets		1,320,374	1,202,845

Capital and reserves
Called up share capital		100	100
Profit and loss account		1,320,274	1,202,745
Shareholders' funds		1,320,374	1,202,845

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

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 30 June 2026 and were signed by:

-------------------------------
Steven SINGH
Director

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Parliament Street Properties Limited
Notes to the Financial Statements
For the year ended 30 June 2025

General Information

Parliament Street Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10762939, registration address Castle Heights, 72 Maid Marian Way, Nottingham, NG1 6BJ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Going concern basis

In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

Turnover

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

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company's liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted.

Stocks

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

2.	Average number of employees Average number of employees during the year was 0 (2024 : 1).

3.

Stocks

	2025 £		2024 £
Stocks	3,006,396		3,006,396
	3,006,396		3,006,396

4.

Debtors: amounts falling due after one year

	2025 £		2024 £
Trade Debtors	109,866		91,266
	109,866		91,266

5.	Statutory accounts The statutory accounts have been prepared on a provisional basis pending the resolution of an ongoing legal dispute. Accordingly, the figures presented should not be regarded as final and may be subject to adjustment once the outcome of the dispute has been determined.

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Registered Number: 10762939
England and Wales
PARLIAMENT STREET PROPERTIES LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 July 2024 End date: 30 June 2025