Company Registration No. SC728663 (Scotland)
Parkhead Commercial Property Limited
Unaudited accounts
for the year ended 30 June 2026
Parkhead Commercial Property Limited
Unaudited accounts
Contents
Parkhead Commercial Property Limited
Company Information
for the year ended 30 June 2026
Directors
Francis Dunn
Alexander Edward Butler
Company Number
SC728663 (Scotland)
Registered Office
1245 LONDON ROAD
GLASGOW
G40 3HW
SCOTLAND
Accountants
Oak Team Associates Limited
Clyde Offices
48 West George Street
Glasgow
G2 1BP
Parkhead Commercial Property Limited
Statement of financial position
as at 30 June 2026
Tangible assets
203,990
211,546
Cash at bank and in hand
5
10
Creditors: amounts falling due within one year
(60,379)
(48,150)
Net current liabilities
(18,017)
(48,140)
Total assets less current liabilities
185,973
163,406
Creditors: amounts falling due after more than one year
(152,918)
(146,390)
Called up share capital
2
2
Profit and loss account
33,053
17,014
Shareholders' funds
33,055
17,016
For the year ending 30 June 2026 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 21 October 2026 and were signed on its behalf by
Francis Dunn
Director
Company Registration No. SC728663
Parkhead Commercial Property Limited
Notes to the Accounts
for the year ended 30 June 2026
Parkhead Commercial Property Limited is a private company, limited by shares, registered in Scotland, registration number SC728663. The registered office is 1245 LONDON ROAD, GLASGOW, G40 3HW, SCOTLAND.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation charged
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2025
180,000
41,980
221,980
At 30 June 2026
180,000
43,030
223,030
At 1 July 2025
-
10,434
10,434
Charge for the year
-
8,606
8,606
At 30 June 2026
-
19,040
19,040
At 30 June 2026
180,000
23,990
203,990
At 30 June 2025
180,000
31,546
211,546
Amounts falling due within one year
Amounts due from group undertakings etc.
42,357
-
Parkhead Commercial Property Limited
Notes to the Accounts
for the year ended 30 June 2026
6
Creditors: amounts falling due within one year
2026
2025
Amounts owed to group undertakings and other participating interests
29,160
34,162
Taxes and social security
2,322
-
Loans from directors
13,913
7,519
7
Creditors: amounts falling due after more than one year
2026
2025
Other creditors
152,918
146,390
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).