Park Farm Property Development Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04767569 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2019

for

Park Farm Property Development Limited

Page

Balance Sheet

1

FIXED ASSETS

380,000

420,000

CURRENT ASSETS

10,156

5,204

CREDITORS

Amounts falling due within one year

(1,212,437

)

(1,228,108

)

NET CURRENT LIABILITIES

(1,202,281

)

(1,222,904

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(822,281

)

(802,904

)

ACCRUALS AND DEFERRED INCOME

119,168

119,168

NET LIABILITIES

(941,449

)

(922,072

)

CAPITAL AND RESERVES

(941,449

)

(922,072

)

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Park Farm Property Development Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address are as below:

Registered number:

04767569

Registered office:

The Ice House

Victor Street

Grimsby

N E Lincolnshire

DN32 7QN

2.	BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The company has net liabilities of £941,449 at 31 March 2019 (2018 - £922,072). The financial statements have been

prepared on a going concern basis as the directors of T P Dibdin Ltd, a company which is owed £1,115,320 at 31 March

2019, have confirmed that they will continue to support the company for the foreseeable future. A further £94,977 of

creditors are related parties, and have also confirmed that they will continue to support the company for the foreseeable

future.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 17 October 2019 and were signed on its behalf by:

I H Davey - Director