Parkway Developments UK Ltd - Limited company accounts 18.2
Parkway Developments UK Ltd - Limited company accounts 18.2
| REGISTERED NUMBER: |
| Report of the Director and |
| Financial Statements for the Year Ended 30 June 2018 |
| for |
| Parkway Developments UK Ltd |
| Parkway Developments UK Ltd (Registered number: 06924058) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2018 |
| Page |
| Company Information | 1 |
| Report of the Director | 2 |
| Income Statement | 3 |
| Statement of Financial Position | 4 |
| Notes to the Financial Statements | 6 |
| Parkway Developments UK Ltd |
| Company Information |
| for the Year Ended 30 June 2018 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Bridge House |
| 9-13 Holbrook Lane |
| Coventry |
| CV6 4AD |
| Parkway Developments UK Ltd (Registered number: 06924058) |
| Report of the Director |
| for the Year Ended 30 June 2018 |
| The director presents his report with the financial statements of the company for the year ended 30 June 2018. |
| PRINCIPAL ACTIVITY |
| The principal activity of the company in the year under review was that of Development of building projects |
| and Other letting and operating of own or leased real estate |
| DIRECTOR |
| His beneficial interest in the issued share capital of the company was as follows: |
| 30.6.18 | 1.7.17 |
| Ordinary £1 shares | 100 | 100 |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 |
| relating to small companies. |
| ON BEHALF OF THE BOARD: |
| Parkway Developments UK Ltd (Registered number: 06924058) |
| Income Statement |
| for the Year Ended 30 June 2018 |
| 30.6.18 | 30.6.17 |
| Notes | £ | £ |
| REVENUE |
| Cost of sales |
| GROSS PROFIT |
| Administrative expenses |
| 23,309 | 21,310 |
| Other operating income |
| OPERATING PROFIT | 3 |
| Interest payable and similar expenses |
| PROFIT BEFORE TAXATION |
| Tax on profit |
| PROFIT FOR THE FINANCIAL YEAR |
| Parkway Developments UK Ltd (Registered number: 06924058) |
| Statement of Financial Position |
| 30 June 2018 |
| 30.6.18 | 30.6.17 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| CURRENT ASSETS |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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. |
| Parkway Developments UK Ltd (Registered number: 06924058) |
| Statement of Financial Position - continued |
| 30 June 2018 |
| The financial statements were approved by the director on |
| Parkway Developments UK Ltd (Registered number: 06924058) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2018 |
| 1. | STATUTORY INFORMATION |
| Parkway Developments UK Ltd is a |
| Wales. The company's registered number and registered office address can be found on the Company |
| Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| 3. | OPERATING PROFIT |
| The operating profit is stated after charging: |
| 30.6.18 | 30.6.17 |
| £ | £ |
| Depreciation - owned assets |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Freehold | Long |
| property | leasehold | Totals |
| £ | £ | £ |
| COST |
| At 1 July 2017 |
| and 30 June 2018 |
| DEPRECIATION |
| At 1 July 2017 |
| Charge for year |
| At 30 June 2018 |
| NET BOOK VALUE |
| At 30 June 2018 |
| At 30 June 2017 |
| Parkway Developments UK Ltd (Registered number: 06924058) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2018 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30.6.18 | 30.6.17 |
| £ | £ |
| Corporation Tax |
| Accrued expenses |
| Other Deferred Income |
| Other Creditors | 21,000 | 37,000 |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 30.6.18 | 30.6.17 |
| £ | £ |
| Unsecured Loan |
| AFTS Hegarty LLP-Loan | 381,272 | - |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 30.6.18 | 30.6.17 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 July 2017 | ( |
) |
| Profit for the year |
| At 30 June 2018 | ( |
) |