Registration number: 10382060

Parklife Properties (Yorkshire) Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Parklife Properties (Yorkshire) Limited

(Registration number: 10382060)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	740,844	740,844
Current assets
Cash at bank and in hand		509	92
Creditors: Amounts falling due within one year	5	(226,702)	(212,567)
Net current liabilities		(226,193)	(212,475)
Total assets less current liabilities		514,651	528,369
Creditors: Amounts falling due after more than one year	5	(314,567)	(365,119)
Net assets		200,084	163,250
Capital and reserves
Called up share capital		1	1
Retained earnings		200,083	163,249
Shareholders' funds		200,084	163,250

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

Directors' 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 6 September 2026 and signed on its behalf by:
 

Ms C A Mattison Director

Mr J R Lister Director

Parklife Properties (Yorkshire) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Parkhill Studio
Walton Road
Wetherby
West Yorkshire
LS22 5DZ
England

These financial statements were authorised for issue by the Board on 6 September 2026.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Borrowings

Parklife Properties (Yorkshire) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 January 2025	740,844	740,844
At 31 December 2025	740,844	740,844
Depreciation
Carrying amount
At 31 December 2025	740,844	740,844
At 31 December 2024	740,844	740,844

Included within the net book value of land and buildings above is £740,844 (2024 - £740,844) in respect of freehold land and buildings.
 

Parklife Properties (Yorkshire) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	6	226,701	212,567
Other creditors		1	-
		226,702	212,567

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	6	314,567	365,119

6	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	314,567	365,119

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	51,370	46,921
Other borrowings	175,331	165,646
	226,701	212,567