REGISTERED NUMBER: 05345346 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

PARK NEWTON ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Harris

D S Harris

D J Harris

REGISTERED OFFICE:

Richardshaw Business Centre

Grangefield Industrial Estate

Richardshaw Road

Pudsey,

Leeds

West Yorkshire

LS28 6RW

REGISTERED NUMBER:

05345346 (England and Wales)

ACCOUNTANTS:

J S White & Co Limited

25-29 Sandy Way

Yeadon

Leeds

LS19 7EW

FIXED ASSETS

Tangible assets

4

2,936

2,101

Investments

5

167,500

227,500

Investment property

6

12,955,156

13,001,712

13,125,592

13,231,313

CURRENT ASSETS

Stocks

-

35,284

Debtors

7

541,083

541,921

Cash at bank and in hand

272,193

172,242

813,276

749,447

CREDITORS

Amounts falling due within one year

8

826,576

815,417

NET CURRENT LIABILITIES

(13,300

)

(65,970

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,112,292

13,165,343

CREDITORS

Amounts falling due after more than one year

9

(7,127,003

)

(7,331,664

)

PROVISIONS FOR LIABILITIES

(121,705

)

(121,705

)

NET ASSETS

5,863,584

5,711,974

CAPITAL AND RESERVES

Called up share capital

103

103

Fair value reserve

10

3,452,225

3,452,225

Retained earnings

2,411,256

2,259,646

SHAREHOLDERS' FUNDS

5,863,584

5,711,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2026 and were signed on its behalf by:

D J Harris - Director

1.	STATUTORY INFORMATION

Park Newton Estates Limited 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 February 2025

7,018

Additions

1,813

At 31 January 2026

8,831

DEPRECIATION

At 1 February 2025

4,917

Charge for year

978

At 31 January 2026

5,895

NET BOOK VALUE

At 31 January 2026

2,936

At 31 January 2025

2,101

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2025

227,500

Disposals

(60,000

)

At 31 January 2026

167,500

NET BOOK VALUE

At 31 January 2026

167,500

At 31 January 2025

227,500

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

13,001,712

Additions

168,692

Disposals

(215,248

)

At 31 January 2026

12,955,156

NET BOOK VALUE

At 31 January 2026

12,955,156

At 31 January 2025

13,001,712

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

60,178

53,387

Amounts owed by joint ventures

248,606

256,076

Other debtors

232,299

232,458

541,083

541,921

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

182,000

182,000

Trade creditors

10,272

822

Amounts owed to joint ventures

15,700

-

Taxation and social security

94,481

86,190

Other creditors

524,123

546,405

826,576

815,417

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

6,872,118

6,948,034

Other creditors

254,885

383,630

7,127,003

7,331,664

10.

RESERVES

Fair

value

reserve

£

At 1 February 2025

and 31 January 2026

3,452,225