REGISTERED NUMBER: SC357721 (Scotland)

Unaudited Financial Statements

For The Period 1 April 2025 to 31 December 2025

for

Parklands Property & Maintenance Ltd.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E K Sharma

R Salwan

A K Sharma

REGISTERED OFFICE:

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

REGISTERED NUMBER:

SC357721 (Scotland)

ACCOUNTANTS:

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

FIXED ASSETS

Tangible assets

4

4,088

118,597

CURRENT ASSETS

Debtors

5

84,605

129,183

Cash at bank

98

205,723

84,703

334,906

CREDITORS

Amounts falling due within one year

6

86,727

137,614

NET CURRENT (LIABILITIES)/ASSETS

(2,024

)

197,292

TOTAL ASSETS LESS CURRENT LIABILITIES

2,064

315,889

PROVISIONS FOR LIABILITIES

2,030

1,253

NET ASSETS

34

314,636

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

32

314,634

34

314,636

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 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 18 September 2026 and were signed on its behalf by:

E K Sharma - Director

1.	STATUTORY INFORMATION

Parklands Property & Maintenance Ltd. is a private company, limited by shares , registered in Scotland. 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on reducing balance

Financial instruments

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances

Cash and bank balances are measured at the transaction price.

Taxation

Taxation for the period 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 period 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 period was 2 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

112,000

3,650

14,685

1,768

132,103

Disposals

(112,000

)

-

-

-

(112,000

)

At 31 December 2025

-

3,650

14,685

1,768

20,103

DEPRECIATION

At 1 April 2025

and 31 December 2025

-

3,650

11,110

1,255

16,015

NET BOOK VALUE

At 31 December 2025

-

-

3,575

513

4,088

At 31 March 2025

112,000

-

3,575

513

116,088

5.

DEBTORS

31.12.25

31.3.25

£

£

Amounts falling due within one year:

Trade debtors

17,425

125,709

Other debtors

-

3,474

17,425

129,183

31.12.25

31.3.25

£

£

Amounts falling due after more than one year:

Amounts owed by group undertakings

67,180

-

Aggregate amounts

84,605

129,183

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.3.25

£

£

Trade creditors

19,863

73,156

Taxation and social security

64,602

61,115

Other creditors

2,262

3,343

86,727

137,614

7.	RELATED PARTY DISCLOSURES

The directors are also directors of Property One Ltd and Argon Enterprises Ltd. At the end of the year the amount owed to Parklands Property & Maintenance Ltd by Property One Ltd was £794 and by Argon Enterprises Ltd was £66,416. There is no interest charged on these balances and no fixed repayment terms.