Park Hood (UK) Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—6

1. General Information

Park Hood (UK) Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI609454 . The registered office is Hawarden House, 163 Upper Newtownards Road, Belfast, BT4 3HZ.

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. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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:

Plant & Machinery	15% RB
Fixtures & Fittings	15% RB
Computer Equipment	50% RB

2.4. Financial Instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

...CONTINUED

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Park Hood (UK) Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

2.4. Financial Instruments - continued

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.8. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 42 (2025: 41)

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Park Hood (UK) Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Total
	£
Cost
As at 1 April 2025	203,902
Additions	4,751

As at 31 March 2026	208,653

Depreciation
As at 1 April 2025	159,905
Provided during the period	12,188

As at 31 March 2026	172,093

Net Book Value
As at 31 March 2026	36,560

As at 1 April 2025	43,997

5. Investments

	Total
	£
Cost or Valuation
As at 1 April 2025	117,846
Disposals	(100,000 )
Revaluations	11,365

As at 31 March 2026	29,211

Provision
As at 1 April 2025	-

As at 31 March 2026	-

Net Book Value
As at 31 March 2026	29,211

As at 1 April 2025	117,846

6. Deferred Taxation

The provision for deferred tax is made up as follows:

	2026	2025
	£	£
Other timing differences	8,729	10,498

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	370	370

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Park Hood (UK) Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

8. Directors Advances, Credits and Guarantees

Included within Debtors are loans to directors of £454,957 (2025: £525,002).

The loans are unsecured and repayable on demand. Interest at a rate of 2.25% is charged on the loans.

9. Dividends

	2026	2025
	£	£
On equity shares:
Final dividend paid	186,000	186,000

10. Reserves

	Share Premium	Fair value reserve	Profit and Loss Account
	£	£	£
As at 1 April 2025	4,998	12,825	1,541,101
Profit for the year and total comprehensive income	-	-	51,278

Dividends paid	-	-	(186,000)
Movements in fair value reserve	-	(6,408)	-
Transfer to/from Profit & Loss Account	-	12,828	-

As at 31 March 2026	4,998	19,245	1,406,379

11. Related Party Transactions

The company owns 100% of the issued share capital of Park Hood Limited, Park Hood (Ireland) Limted, Park Hood Environmental Limited and Myrico Limited.

As at 31 March 2026, the company owed Park Hood Limited an amount totalling £5,000 (2025: £5,000). This amount is included in creditors due within one year. No interest is being charged on this loan.

As at 31 March 2026, the company owed Park Hood Environmental Limited an amount totalling £1,257 (2025: £1,257). This amount is included in creditors due within one year. No interest is being charged on this loan.

As at 31 March 2026, the company owed Park Hood (Ireland) Limited an amount totalling £5,476 (2025: £0). This amount is included in creditors due within one year. No interest is being charged on this loan.

As at 31 March 2026, the company owed Myrico Limited an amount totalling £2 (2025: £2). This amount is included in creditors due within one year. No interest is being charged on this loan.

As at 31 March 2026, Zelcova Plants (UK) Limited owed the company an amount totalling £2,880 (2025: £104,692). This amount is included in other debtors due within one year. No interest is being charged on this loan.

12. Ultimate Controlling Party

The company's ultimate controlling party are the directors by virtue of their ownership of 100% of the issued share capital in the company.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		36,560		43,997
Investments	5		29,211		117,846

			65,771		161,843
CURRENT ASSETS
Debtors		1,398,331		1,573,769
Cash at bank and in hand		272,610		202,484

		1,670,941		1,776,253
Creditors: Amounts Falling Due Within One Year		(296,991 )		(368,304 )

NET CURRENT ASSETS (LIABILITIES)			1,373,950		1,407,949

TOTAL ASSETS LESS CURRENT LIABILITIES			1,439,721		1,569,792

PROVISIONS FOR LIABILITIES
Deferred Taxation	6		(8,729 )		(10,498 )

NET ASSETS			1,430,992		1,559,294

CAPITAL AND RESERVES
Called up share capital	7		370		370
Share premium account			4,998		4,998
Fair value reserve	10		19,245		12,825
Profit and Loss Account			1,406,379		1,541,101

SHAREHOLDERS' FUNDS			1,430,992		1,559,294

Mr Stuart Hood Director	Mr Jonathan Park Director
29/09/2026