Parkgate 632 Limited iXBRL

Company Registration Number: NI673726

Parkgate 632 Limited

Unaudited Financial Statements

for the financial year ended 31 October 2025

Parkgate 632 Limited

DIRECTOR AND OTHER INFORMATION


Director	Roger Clements


Company Registration Number	NI673726


Registered Office	56 Connor Road
	Parkgate
	Ballyclare
	BT39 0EA


Business Address	56 Connor Road
	Parkgate
	BT390EA


Accountants	Quarter
	Chartered Accountants
	St Anne's House
	15 Church Street
	Cathedral Quarter
	BT1 1PG
	United Kingdom


Bankers	Barclays Bank
	Barclays Leicester
	Leicester
	LE87 2BB
	United Kingdom

Parkgate 632 Limited

CHARTERED ACCOUNTANTS REPORT

to the Director on the Compilation of the unaudited financial statements of Parkgate 632 Limited

for the financial year ended 31 October 2025

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 October 2025 as set out on pages to which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the director of Parkgate 632 Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.

We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.

You have acknowledged on the Statement of Financial Position for the year ended 31 October 2025 your duty to ensure that Parkgate 632 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Parkgate 632 Limited. You consider that Parkgate 632 Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Parkgate 632 Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

QUARTER

Chartered Accountants

St Anne's House

15 Church Street

Cathedral Quarter

BT1 1PG

United Kingdom

27 October 2026

Parkgate 632 Limited

Company Registration Number: NI673726

STATEMENT OF FINANCIAL POSITION

as at 31 October 2025

		2025	2024
	Notes	£	£

Current Assets

Receivables

22,092

11,147

Investments

653,437

597,570

Cash and cash equivalents

─────────

675,529

608,769

─────────

Payables: amounts falling due within one year

(610,574)

(609,379)

─────────

Net Current Assets/(Liabilities)

64,955

(610)

─────────

Total Assets less Current Liabilities

64,955

(610)

Provisions for liabilities

(7,977)

(12,573)

─────────

Net Assets/(Liabilities)

56,978

(13,183)

═════════

Equity

Called up share capital

Retained earnings

56,977

(13,184)

─────────

Equity attributable to owners of the company

56,978

(13,183)

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 27 October 2026



________________________________
Roger Clements
Director

Parkgate 632 Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 October 2025

General Information

Parkgate 632 Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI673726. The registered office of the company is 56 Connor Road, Parkgate, Ballyclare, BT39 0EA. Funds Management Activities and Financial Management is the principal activity of the business. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 October 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Financial assets

Current asset investments are re-stated at their current market value.

Trade and other receivables

Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Provisions

Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.

Trade and other payables

Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including director, during the financial year was 1 ( 2023- 1)

2025

2024

Number

Number

Director

═════════


4.	Receivables	2025	2024
		£	£

	Other debtors	22,092	11,147
		═════════	═════════


5.	Investments	2025	2024
		£	£

	Listed investments	653,437	597,570
		═════════	═════════


6.	Payables	2025	2024
	Amounts falling due within one year	£	£

	Amounts owed to connected parties (Note 10)	601,291	601,291
	Taxation (Note 7)	145	2,778
	Director's current account	8,088	4,260
	Accruals	1,050	1,050
		─────────	─────────
		610,574	609,379
		═════════	═════════


7.	Taxation	2025	2024
		£	£

	Payables:
	Corporation tax	145	2,778
		═════════	═════════

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Other

Total

Total

differences

2025

2024

At financial year start

12,573

12,573

(7,633)

Charged to profit and loss

(4,596)

(4,596)

20,206

─────────

At financial year end

7,977

12,573

═════════

Capital commitments

The company had no material capital commitments at the financial year-ended 31 October 2025.

10.

Related party transactions

The following amounts are due to other connected parties:

2025

2024

632 Consultancy Limited

601,291

601,291

═════════

Roger Clements is a director of Parkgate 632 Limited and 632 Consultancy Limited.

As at 1st November 2024, Parkgate 632 Limited owed 632 Consultancy Limited £601,291. During the financial year, Parkgate 632 Limited made payments to 632 Consultancy Limited amounting to £nil. As at 31st October 2025, Parkgate 632 Limited owed 632 Consultancy Limited £601,291

11.

Events After the End of the Reporting Period

There have been no significant events affecting the company since the financial year-end.