Park Investments (Leicester) Ltd - Accounts

Park Investments (Leicester) Ltd - Accounts

PARK INVESTMENTS (LEICESTER) LTD - Company Information

Print Friendly Version

2017-01-01 2017-12-31 false Capium Accounts Production 1.1 04996401 bus:AbridgedAccounts 2017-01-01 2017-12-31 04996401 bus:FRS102 2017-01-01 2017-12-31 04996401 bus:AuditExemptWithAccountantsReport 2017-01-01 2017-12-31 04996401 bus:SmallCompaniesRegimeForAccounts 2017-01-01 2017-12-31 04996401 bus:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31 04996401 2017-01-01 2017-12-31 04996401 2017-12-31 04996401 bus:RegisteredOffice 2017-01-01 2017-12-31 04996401 core:WithinOneYear 2017-12-31 04996401 core:AfterOneYear 2017-12-31 04996401 bus:Director1 2017-01-01 2017-12-31 04996401 bus:Director1 2017-12-31 04996401 bus:Director1 2016-01-01 2016-12-31 04996401 bus:Director2 2017-01-01 2017-12-31 04996401 bus:Director2 2017-12-31 04996401 bus:Director2 2016-01-01 2016-12-31 04996401 2016-01-01 04996401 bus:CompanySecretary1 2017-01-01 2017-12-31 04996401 bus:LeadAgentIfApplicable 2017-01-01 2017-12-31 04996401 2016-01-01 2016-12-31 04996401 2016-12-31 04996401 core:WithinOneYear 2016-12-31 04996401 core:AfterOneYear 2016-12-31 04996401 bus:EntityAccountantsOrAuditors 2016-01-01 2016-12-31 04996401 bus:OrdinaryShareClass1 2017-01-01 2017-12-31 04996401 bus:OrdinaryShareClass1 2017-12-31 04996401 bus:OrdinaryShareClass1 2016-01-01 2016-12-31 04996401 bus:OrdinaryShareClass1 2016-12-31 04996401 core:FurnitureFittings 2017-01-01 2017-12-31 04996401 core:FurnitureFittings 2017-12-31 04996401 core:FurnitureFittings 2016-12-31 04996401 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2017-12-31 04996401 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2016-12-31 04996401 core:CostValuation core:Non-currentFinancialInstruments 2017-12-31 04996401 core:CostValuation core:Non-currentFinancialInstruments 2016-12-31 04996401 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2017-12-31 04996401 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2017-12-31 04996401 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2017-12-31 04996401 core:Non-currentFinancialInstruments 2017-12-31 04996401 core:Non-currentFinancialInstruments 2016-12-31 04996401 core:ShareCapital 2017-12-31 04996401 core:ShareCapital 2016-12-31 04996401 core:RetainedEarningsAccumulatedLosses 2017-12-31 04996401 core:RetainedEarningsAccumulatedLosses 2016-12-31 04996401 dpl:Item1 2017-01-01 04996401 dpl:Item1 2017-12-31 04996401 dpl:Item1 2016-01-01 04996401 dpl:Item1 2016-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number : 04996401
England and Wales

 

 

 

PARK INVESTMENTS (LEICESTER) LTD


Abridged Accounts
 


Period of accounts

Start date: 01 January 2017

End date: 31 December 2017

Park Investments (Leicester) Ltd
Contents Page
For the year ended 31 December 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Park Investments (Leicester) Ltd for the year ended 31 December 2017 which comprise the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://icaew.com/regulations.

This report is made solely to the Board of Directors of Park Investments (Leicester) Ltd, as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the financial statements of Park Investments (Leicester) Ltd and state those matters that we have agreed to state to the Board of Directors of Park Investments (Leicester) Ltd, as a body, in this report in accordance with AAF 2/10 as detailed at http://icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Park Investments (Leicester) Ltd and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Park Investments (Leicester) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Park Investments (Leicester) Ltd. You consider that Park Investments (Leicester) Ltd 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 financial statements of Park Investments (Leicester) Ltd. 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 financial statements.



....................................................
Boffix & Co Accountancy Limited
St Alban Tower
Wood Street
London
EC2V 7AF
16 August 2018
1
 
 		 Notes
 		 2017
£		   2016
£
Fixed assets      
Tangible fixed assets 2 2,458    3,770 
Investments 3 22,039    22,039 
24,497    25,809 
Current assets      
Debtors 3,494    3,402 
Cash at bank and in hand 3,467    3,015 
6,961    6,417 
Creditors: amount falling due within one year (3,258)   (5,601)
Net current assets 3,703    816 
 
Total assets less current liabilities 28,200    26,625 
Net assets 28,200    26,625 
 

Capital and reserves 		     
Called up share capital 4 100    100 
Profit and loss account 28,100    26,525 
Shareholders funds 28,200    26,625 
 


For the year ended 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 Members Have Agreed to the Preparation of Abridged Accounts for this accounting period in accordance with section 444(2A).
Signed on behalf of the board of directors


--------------------------------
P R Clark
Director

Date approved by the board: 16 August 2018
2
General Information
Park Investments (Leicester) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 04996401,registration address Marlborough House,2 Charnwood Street,Derby,Derbyshire,DE1 2GT.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Dividends
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 25% Straight Line
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Current asset investments
Current asset investments are stated at the lower of cost and net realisable value.
2.

Tangible fixed assets

Cost or Valuation Fixtures and Fittings   Total
  £   £
At 01 January 2017 18,610    18,610 
Additions 28    28 
Disposals -    - 
At 31 December 2017 18,638    18,638 
Depreciation
At 01 January 2017 14,840    14,840 
Charge for year 1,340    1,340 
On disposals -    - 
At 31 December 2017 16,180    16,180 
Net book values
Closing balance as at 31 December 2017 2,458    2,458 
Opening balance as at 01 January 2017 3,770    3,770 


3.

Investments

Cost or Valuation Other investments other than loans   Total
  £   £
At 01 January 2017 22,039    22,039 
Additions -    - 
Disposals -    - 
At 31 December 2017 22,039    22,039 

4.

Share Capital

Allotted
2017
£		   2016
£
100 Ordinary shares of £1.00 each 100    100 
100    100 

5.Director’s loan :

Directors Loan

The director's loan is interest-free and repayable on demand. 
3