Park View Estates (2018) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

Registered number: 11157027

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		88,005		110,005
Tangible Assets	5		5,166,189		4,029,450

			5,254,194		4,139,455
CURRENT ASSETS
Stocks	6	133,275		75,250
Debtors	7	77,744		74,937
Cash at bank and in hand		5,526		24,773

		216,545		174,960
Creditors: Amounts Falling Due Within One Year	8	(2,747,601 )		(2,913,973 )

NET CURRENT ASSETS (LIABILITIES)			(2,531,056 )		(2,739,013 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,723,138		1,400,442

Creditors: Amounts Falling Due After More Than One Year	9		(1,489,346 )		(1,424,802 )

NET ASSETS/(LIABILITIES)			1,233,792		(24,360 )

CAPITAL AND RESERVES
Called up share capital	11		400		400
Revaluation reserve	12		2,439,974		1,439,974
Profit and Loss Account			(1,206,582 )		(1,464,734 )

SHAREHOLDERS' FUNDS			1,233,792		(24,360)

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Park View Estates (2018) Limited

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Rabinder Gill

Director

29/10/2026

The notes on pages 3 to 7 form part of these financial statements.

1. General Information

Park View Estates (2018) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11157027 . The registered office is Chesterton Hotel,, CHESTERTON, BICESTER, OX26 1UE.

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.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. 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:

Freehold	50 year straight line
Leasehold	50 year straight line
Plant & Machinery	25% on cost
Motor Vehicles	25% on cost
Fixtures & Fittings	25% on cost
Computer Equipment	25% on cost

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

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Park View Estates (2018) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 27 (2025: 27)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 May 2025	220,005

As at 30 April 2026	220,005

Amortisation
As at 1 May 2025	110,000
Provided during the period	22,000

As at 30 April 2026	132,000

Net Book Value
As at 30 April 2026	88,005

As at 1 May 2025	110,005

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Park View Estates (2018) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

5. Tangible Assets

	Land & Property
	Freehold	Leasehold	Plant & Machinery	Motor Vehicles
	£	£	£	£
Cost or Valuation
As at 1 May 2025	2,666,856	1,563,987	58,762	125,000
Additions	-	169,717	-	-
Revaluation	1,000,000	-	-	-

As at 30 April 2026	3,666,856	1,733,704	58,762	125,000

Depreciation
As at 1 May 2025	135,163	134,073	55,023	93,750
Provided during the period	24,538	7,387	3,738	31,249

As at 30 April 2026	159,701	141,460	58,761	124,999

Net Book Value
As at 30 April 2026	3,507,155	1,592,244	1	1

As at 1 May 2025	2,531,693	1,429,914	3,739	31,250


	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost or Valuation
As at 1 May 2025	481,554	31,653	4,927,812
Additions	83,286	5,761	258,764
Revaluation	-	-	1,000,000

As at 30 April 2026	564,840	37,414	6,186,576

Depreciation
As at 1 May 2025	452,588	27,765	898,362
Provided during the period	49,786	5,327	122,025

As at 30 April 2026	502,374	33,092	1,020,387

Net Book Value
As at 30 April 2026	62,466	4,322	5,166,189

As at 1 May 2025	28,966	3,888	4,029,450

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Park View Estates (2018) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

6. Stocks

	2026	2025
	£	£
Stock	133,275	75,250

7. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	4,840	-
Prepayments and accrued income	25,427	26,285
Other debtors	47,477	48,652

	77,744	74,937

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	16,780
Trade creditors	74,511	73,314
Bank loans and overdrafts	1,124	186,187
Social Security & Other Taxes	213,444	170,725
VAT	79,797	38,138
Net wages	41,537	64,629
Sundry Creditors	250,055	336,774
Accrued Expenses	37,064	26,132
Directors' loan accounts	2,050,069	2,001,294

	2,747,601	2,913,973

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	60,475
Bank Loans more than one year	1,489,346	1,364,327

	1,489,346	1,424,802

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Park View Estates (2018) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

10. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	16,780
Later than one year and not later than five years	-	60,475

	-	77,255

	-	77,255

11. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	400	400

12. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 May 2025	1,439,974	(1,464,734 )
Profit for year	-	258,152

Surplus on revaluation	1,000,000	-

Other comprehensive income for the year	1,000,000	-

Total comprehensive income for the year	1,000,000	258,152

As at 30 April 2026	2,439,974	(1,206,582 )

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