PARKVIA LIMITED

2021-05-012022-04-302022-04-30false06557569PARKVIA LIMITED2023-01-3062090iso4217:GBPxbrli:pure065575692021-05-01065575692022-04-30065575692021-05-012022-04-30065575692020-05-01065575692021-04-30065575692020-05-012021-04-3006557569bus:SmallEntities2021-05-012022-04-3006557569bus:AuditExempt-NoAccountantsReport2021-05-012022-04-3006557569bus:AbridgedAccounts2021-05-012022-04-3006557569bus:PrivateLimitedCompanyLtd2021-05-012022-04-3006557569core:WithinOneYear2022-04-3006557569core:AfterOneYear2022-04-3006557569core:WithinOneYear2021-04-3006557569core:AfterOneYear2021-04-3006557569core:ShareCapital2022-04-3006557569core:SharePremium2022-04-3006557569core:RevaluationReserve2022-04-3006557569core:OtherReservesSubtotal2022-04-3006557569core:RetainedEarningsAccumulatedLosses2022-04-3006557569core:ShareCapital2021-04-3006557569core:SharePremium2021-04-3006557569core:RevaluationReserve2021-04-3006557569core:OtherReservesSubtotal2021-04-3006557569core:RetainedEarningsAccumulatedLosses2021-04-3006557569core:LandBuildings2022-04-3006557569core:PlantMachinery2022-04-3006557569core:Vehicles2022-04-3006557569core:FurnitureFittings2022-04-3006557569core:OfficeEquipment2022-04-3006557569core:NetGoodwill2022-04-3006557569core:IntangibleAssetsOtherThanGoodwill2022-04-3006557569core:ListedExchangeTraded2022-04-3006557569core:UnlistedNon-exchangeTraded2022-04-3006557569core:LandBuildings2021-04-3006557569core:PlantMachinery2021-04-3006557569core:Vehicles2021-04-3006557569core:FurnitureFittings2021-04-3006557569core:OfficeEquipment2021-04-3006557569core:NetGoodwill2021-04-3006557569core:IntangibleAssetsOtherThanGoodwill2021-04-3006557569core:ListedExchangeTraded2021-04-3006557569core:UnlistedNon-exchangeTraded2021-04-3006557569core:LandBuildings2021-05-012022-04-3006557569core:PlantMachinery2021-05-012022-04-3006557569core:Vehicles2021-05-012022-04-3006557569core:FurnitureFittings2021-05-012022-04-3006557569core:OfficeEquipment2021-05-012022-04-3006557569core:NetGoodwill2021-05-012022-04-3006557569core:IntangibleAssetsOtherThanGoodwill2021-05-012022-04-3006557569core:ListedExchangeTraded2021-05-012022-04-3006557569core:UnlistedNon-exchangeTraded2021-05-012022-04-3006557569core:MoreThanFiveYears2021-05-012022-04-3006557569core:Non-currentFinancialInstruments2022-04-3006557569core:Non-currentFinancialInstruments2021-04-3006557569dpl:CostSales2021-05-012022-04-3006557569dpl:DistributionCosts2021-05-012022-04-3006557569dpl:AdministrativeExpenses2021-05-012022-04-3006557569core:LandBuildings2021-05-012022-04-3006557569core:PlantMachinery2021-05-012022-04-3006557569core:Vehicles2021-05-012022-04-3006557569core:FurnitureFittings2021-05-012022-04-3006557569core:OfficeEquipment2021-05-012022-04-3006557569core:NetGoodwill2021-05-012022-04-3006557569core:IntangibleAssetsOtherThanGoodwill2021-05-012022-04-3006557569dpl:GroupUndertakings2021-05-012022-04-3006557569dpl:ParticipatingInterests2021-05-012022-04-3006557569dpl:GroupUndertakingscore:ListedExchangeTraded2021-05-012022-04-3006557569core:ListedExchangeTraded2021-05-012022-04-3006557569dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-05-012022-04-3006557569core:UnlistedNon-exchangeTraded2021-05-012022-04-3006557569dpl:CostSales2020-05-012021-04-3006557569dpl:DistributionCosts2020-05-012021-04-3006557569dpl:AdministrativeExpenses2020-05-012021-04-3006557569core:LandBuildings2020-05-012021-04-3006557569core:PlantMachinery2020-05-012021-04-3006557569core:Vehicles2020-05-012021-04-3006557569core:FurnitureFittings2020-05-012021-04-3006557569core:OfficeEquipment2020-05-012021-04-3006557569core:NetGoodwill2020-05-012021-04-3006557569core:IntangibleAssetsOtherThanGoodwill2020-05-012021-04-3006557569dpl:GroupUndertakings2020-05-012021-04-3006557569dpl:ParticipatingInterests2020-05-012021-04-3006557569dpl:GroupUndertakingscore:ListedExchangeTraded2020-05-012021-04-3006557569core:ListedExchangeTraded2020-05-012021-04-3006557569dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-05-012021-04-3006557569core:UnlistedNon-exchangeTraded2020-05-012021-04-3006557569core:NetGoodwill2022-04-3006557569core:IntangibleAssetsOtherThanGoodwill2022-04-3006557569core:LandBuildings2022-04-3006557569core:PlantMachinery2022-04-3006557569core:Vehicles2022-04-3006557569core:FurnitureFittings2022-04-3006557569core:OfficeEquipment2022-04-3006557569core:AfterOneYear2022-04-3006557569core:WithinOneYear2022-04-3006557569core:ListedExchangeTraded2022-04-3006557569core:UnlistedNon-exchangeTraded2022-04-3006557569core:ShareCapital2022-04-3006557569core:SharePremium2022-04-3006557569core:RevaluationReserve2022-04-3006557569core:OtherReservesSubtotal2022-04-3006557569core:RetainedEarningsAccumulatedLosses2022-04-3006557569core:NetGoodwill2021-04-3006557569core:IntangibleAssetsOtherThanGoodwill2021-04-3006557569core:LandBuildings2021-04-3006557569core:PlantMachinery2021-04-3006557569core:Vehicles2021-04-3006557569core:FurnitureFittings2021-04-3006557569core:OfficeEquipment2021-04-3006557569core:AfterOneYear2021-04-3006557569core:WithinOneYear2021-04-3006557569core:L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PARKVIA LIMITED

Registered Number
06557569
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2022

PARKVIA LIMITED

Company Information
for the year from 1 May 2021 to 30 April 2022


Directors	MOISE, Valentina, Dr
	PEGLER, Mark James
	WILLIAMS, Jill


Registered Address	30 Brown Street
	Manchester
	M2 1DH


Registered Number	06557569 (England and Wales)

PARKVIA LIMITED

Balance Sheet as at
30 April 2022

	Notes	2022		2021
		£	£	£	£
Fixed assets
Intangible assets	5		458,291		469,669
Tangible assets	6		8,149		4,372
			466,440		474,041
Current assets
Debtors		1,823,708		708,755
Cash at bank and on hand		1,944,146		354,706
		3,767,854		1,063,461
Prepayments and accrued income		125,721		17,003
Creditors amounts falling due within one year	8	(4,565,962)		(1,414,146)
Net current assets (liabilities)			(672,387)		(333,682)
Total assets less current liabilities			(205,947)		140,359
Creditors amounts falling due after one year	9		(1,000,000)		(1,000,000)
Net assets			(1,205,947)		(859,641)
Capital and reserves
Profit and loss account			(1,205,947)		(859,641)
Shareholders' funds			(1,205,947)		(859,641)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 30 January 2023, and are signed on its behalf by:

PEGLER, Mark James
Director
Registered Company No. 06557569

PARKVIA LIMITED

Notes to the Financial Statements
for the year ended 30 April 2022

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Accounting policies

	Turnover policy
	Turnover is recognised to the extent that it is probable that the economic benefits and the turnover can be reliably measured. Turnover is stated net of refunds and value added tax. Turnover represents commission on airport parking bookings as an agent and is recognised on the date of departure

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25
	Fixtures and fittings	25
	Vehicles	25
	Office Equipment	25

	Intangible assets policy
	Development expenditure is normally written off in the year of expenditure, however expenditure incurred on specific projects is capitalised when recoverability can be foreseen with reasonable certainty and is amortised in relation to sales from such projects.

	Taxation policy
	Taxation represents the sum of tax currently payable and deferred tax. 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. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Taxation policy

Taxation represents the sum of tax currently payable and deferred tax. 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. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

	Foreign currency translation and operations policy
	Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of comprehensive income except when deferred in other comprehensive income as qualifying cash flow hedges. Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in the statement of comprehensive income within 'other operating income'.

Foreign currency translation and operations policy

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions. At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined. 
Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated  in foreign currencies are recognised in the statement of comprehensive income except when deferred in other comprehensive income as qualifying cash flow hedges. 
Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents  are presented in the statement of comprehensive income within 'finance income or costs'.  All other foreign exchange gains and losses are presented in the statement of comprehensive income within 'other operating income'.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Going concern
	These financial statements have been prepared on the going concern basis.

4.	Employee information


		2022		2021
	Average number of employees during the year	20		21

5.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 May 21	543,438
	Additions	97,310
	At 30 April 22	640,748
	Amortisation and impairment
	At 01 May 21	73,769
	Charge for year	108,688
	At 30 April 22	182,457
	Net book value
	At 30 April 22	458,291
	At 30 April 21	469,669

6.	Property, plant and equipment

		Total
		£
	Cost or valuation
	At 01 May 21	7,695
	Additions	5,339
	At 30 April 22	13,034
	Depreciation and impairment
	At 01 May 21	3,323
	Charge for year	1,562
	At 30 April 22	4,885
	Net book value
	At 30 April 22	8,149
	At 30 April 21	4,372

7.	Debtors within one year

	2022	2021
	£	£
Trade debtors / trade receivables	1,496,023	193,417
Other debtors	327,685	515,338
Total	1,823,708	708,755


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

8.	Creditors within one year

	2022	2021
	£	£
Trade creditors / trade payables	2,083,716	760,608
Bank borrowings and overdrafts	379	56
Taxation and social security	32,424	-
Payments received on account	2,090,516	435,642
Other creditors	22,233	29,027
Accrued liabilities and deferred income	336,694	188,813
Total	4,565,962	1,414,146


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

9.	Creditors after one year

	2022	2021
	£	£
Bank borrowings and overdrafts	1,000,000	1,000,000
Total	1,000,000	1,000,000