Park Street Management (Taunton) Limited

Park Street Management (Taunton) Limited

PARK STREET MANAGEMENT (TAUNTON) LIMITED - Company Information

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1 January 2020 false Taxfiler 2021.4 11772523business:PrivateLimitedCompanyLtd2020-01-012020-12-31 117725232019-12-31 117725232020-01-012020-12-31 11772523business:AuditExemptWithAccountantsReport2020-01-012020-12-31 11772523business:FullAccounts2020-01-012020-12-31 117725232020-12-31 11772523business:Director12020-01-012020-12-31 11772523business:Director22020-01-012020-12-31 11772523business:Director32020-01-012020-12-31 11772523business:Director42020-01-012020-12-31 11772523business:RegisteredOffice2020-01-012020-12-31 117725232019-12-31 11772523core:WithinOneYear2020-12-31 11772523core:WithinOneYear2019-12-31 11772523core:ShareCapital2020-12-31 11772523core:ShareCapital2019-12-31 11772523core:RetainedEarningsAccumulatedLosses2020-12-31 11772523core:RetainedEarningsAccumulatedLosses2019-12-31 11772523business:SmallEntities2020-01-012020-12-31 11772523countries:EnglandWales2020-01-012020-12-31 117725232019-01-172019-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11772523 (England and Wales)
Park Street Management (Taunton) Limited Unaudited accounts for the year ended 31 December 2020
Park Street Management (Taunton) Limited Unaudited accounts Contents
Page
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Park Street Management (Taunton) Limited Company Information for the year ended 31 December 2020
Directors
Barry John McCammon Margot Jill Emanuel Anita Green Lorna Margaret Taylor
Company Number
11772523 (England and Wales)
Registered Office
74 Merchants Quay, East Street Leeds West Yorkshire LS9 8BB England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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Park Street Management (Taunton) Limited Accountants' report
Accountants' report to the board of directors of Park Street Management (Taunton) Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2020
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Park Street Management (Taunton) Limited for the year ended 31 December 2020 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Park Street Management (Taunton) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Park Street Management (Taunton) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Park Street Management (Taunton) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Park Street Management (Taunton) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Park Street Management (Taunton) Limited. You consider that Park Street Management (Taunton) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Park Street Management (Taunton) Limited. For this reason, we have not verified the 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 accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 5 May 2021
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Park Street Management (Taunton) Limited Statement of financial position as at 31 December 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Investment property
4
3,217 
3,217 
Current assets
Debtors
5
50 
50 
Cash at bank and in hand
270 
247 
320 
297 
Creditors: amounts falling due within one year
6
(3,597)
(3,574)
Net current liabilities
(3,277)
(3,277)
Net liabilities
(60)
(60)
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
(90)
(90)
Shareholders' funds
(60)
(60)
For the year ending 31 December 2020 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 6 May 2021 and were signed on its behalf by
Barry John McCammon Director Company Registration No. 11772523
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Park Street Management (Taunton) Limited Notes to the Accounts for the year ended 31 December 2020
1
Statutory information
Park Street Management (Taunton) Limited is a private company, limited by shares, registered in England and Wales, registration number 11772523. The registered office is 74 Merchants Quay,, East Street, Leeds, West Yorkshire, LS9 8BB, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2020 
£ 
Fair value at 1 January 2020
3,217 
At 31 December 2020
3,217 
5
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
Other debtors
50 
50 
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Other creditors
16 
- 
Loans from directors
3,281 
3,274 
Accruals
300 
300 
3,597 
3,574 
7
Average number of employees
During the year the average number of employees was 0 (2019: 0).
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