Company Registration No. 08773408 (England and Wales)
Parkview Wealth Management Ltd
Unaudited accounts
for the year ended 31 December 2025
Parkview Wealth Management Ltd
Unaudited accounts
Contents
Parkview Wealth Management Ltd
Company Information
for the year ended 31 December 2025
Directors
Alex Simpson
Michelle Simpson
Michelle Simpson
Alex Simpson
Company Number
08773408 (England and Wales)
Registered Office
33 STUART ROAD
GILLINGHAM
KENT
ME7 4AD
Accountants
Rustrick Accountants Limited
380A New Hythe lane
Larkfield
Maidstone
Kent
ME20 6RZ
Parkview Wealth Management Ltd
Statement of financial position
as at 31 December 2025
Intangible assets
660,000
660,000
Cash at bank and in hand
330
2,622
Creditors: amounts falling due within one year
(134,196)
(133,930)
Net current liabilities
(120,866)
(131,308)
Total assets less current liabilities
539,487
531,182
Creditors: amounts falling due after more than one year
(568,891)
(568,891)
Provisions for liabilities
Net liabilities
(29,492)
(38,325)
Called up share capital
100
100
Profit and loss account
(29,592)
(38,425)
Shareholders' funds
(29,492)
(38,325)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2026 and were signed on its behalf by
Alex Simpson
Director
Company Registration No. 08773408
Parkview Wealth Management Ltd
Notes to the Accounts
for the year ended 31 December 2025
Parkview Wealth Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 08773408. The registered office is 33 STUART ROAD, GILLINGHAM, KENT, ME7 4AD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Fixtures & fittings
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Parkview Wealth Management Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Intangible fixed assets
Other
At 31 December 2025
850,978
At 31 December 2025
190,978
At 31 December 2025
660,000
At 31 December 2024
660,000
5
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2025
20,189
6,169
26,358
At 31 December 2025
20,189
6,169
26,358
At 1 January 2025
18,171
5,697
23,868
Charge for the year
2,019
118
2,137
At 31 December 2025
20,190
5,815
26,005
At 31 December 2025
(1)
354
353
At 31 December 2024
2,018
472
2,490
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
91,109
91,109
Taxes and social security
-
39,733
Loans from directors
43,087
3,087
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
568,891
568,891
Parkview Wealth Management Ltd
Notes to the Accounts
for the year ended 31 December 2025
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director loan to company
3,087
40,000
-
43,087
The ultimate controlling parties are Mr A Simpson and Mrs M Simpson by virtue of their joint shareholding
12
Average number of employees
During the year the average number of employees was 2 (2024: 2).