Private Parking Management Ltd

Registered number

10380007

Report and Accounts

30 September 2026

Private Parking Management Ltd
Registered number:		10380007
Balance Sheet
as at 30 September 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		98,523			71,952
			98,523			71,952

Current assets
Debtors	4	294,160			344,711
Cash at bank and in hand		12,788			103,939
		306,948			448,650

Creditors: amounts falling due within one year	5	(203,160)			(317,132)

Net current assets			103,788			131,518

Total assets less current liabilities			202,311			203,470

Creditors: amounts falling due after more than one year	6		(83,193)			(73,029)


Net assets			119,118			130,441

Capital and reserves
Called up share capital			1			1
Profit and loss account			119,117			130,440

Shareholder's funds			119,118			130,441

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Sacha Hourigan
Director
Approved by the board on 7 October 2026

Private Parking Management Ltd
Notes to the Accounts
for the year ended 30 September 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.









	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			5		6


3	Tangible fixed assets
		Plant & Machinery		Motor vehicles		Total
£			£		£
	Cost
	At 1 October 2025	8,899		106,030		114,929
	Additions	16,009		46,000		62,009
	Disposals	-		-		-
	At 30 September 2026	24,908		152,030		176,938

	Depreciation
	At 1 October 2025	5,688		37,289		42,977
	Charge for the year	4,982		30,456		35,438
	On disposals	-		-		-
	At 30 September 2026	10,670		67,745		78,415

	Net book value
	At 30 September 2026	14,238		84,285		98,523
	At 30 September 2025	3,211		68,741		71,952

4	Debtors			2026		2025
£					£

	Trade debtors			-		6,467
	Other debtors			294,160		338,244
				294,160		344,711



5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			42,594		56,704
	Taxation and social security costs			5,113		29,251
	Other creditors			155,453		231,177
				203,160		317,132


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		6,267
	Obligations under finance lease and hire purchase contracts			83,193		66,762
				83,193		73,029


7	Other information

	Private Parking Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Suite 88 Dorset House
	Duke Street
	Chelmsford
	Essex
	CM1 1TB