The Parchmore Road Property Management Company Limited 00846052 false 2022-12-26 2023-12-25 2023-12-25 The principal activity of the company is is the management of the flats known as Park Lawn, Parchmore Road, Thornton Heath, Surrey. The company does not trade with a view to profit Digita Accounts Production Advanced 6.30.9574.0 true true 00846052 2022-12-26 2023-12-25 00846052 2023-12-25 00846052 bus:SmallEntities 2022-12-26 2023-12-25 00846052 bus:AuditExemptWithAccountantsReport 2022-12-26 2023-12-25 00846052 bus:FullAccounts 2022-12-26 2023-12-25 00846052 bus:SmallCompaniesRegimeForAccounts 2022-12-26 2023-12-25 00846052 bus:RegisteredOffice 2022-12-26 2023-12-25 00846052 bus:CompanySecretary1 2022-12-26 2023-12-25 00846052 bus:Director1 2022-12-26 2023-12-25 00846052 bus:Director2 2022-12-26 2023-12-25 00846052 bus:Director3 2022-12-26 2023-12-25 00846052 bus:Director4 2022-12-26 2023-12-25 00846052 bus:CompanyLimitedByGuarantee 2022-12-26 2023-12-25 00846052 countries:EnglandWales 2022-12-26 2023-12-25 00846052 2021-12-26 2022-12-25 00846052 2022-12-25 iso4217:GBP xbrli:pure

Registration number: 00846052

The Parchmore Road Property Management Company Limited (A company limited by guarantee)

Annual Report and Unaudited Financial Statements

for the Year Ended 25 December 2023

 

The Parchmore Road Property Management Company Limited

Contents

Company Information

1

Statement of financial position

2

Notes to the Unaudited Financial Statements

3 to 4

 

The Parchmore Road Property Management Company Limited

Company Information

Directors

P Bennetah

A Brignull

D Jacques

S Pearce

Company secretary

CECPM Limited

Registered office

15 Stoneleigh Crescent
Epsom
Surrey
KT19 0RT

Accountants

Service Charge Assurance Limited
Chartered Accountants
Salatin House
19 Cedar Road
Sutton
Surrey
SM2 5DA

 

The Parchmore Road Property Management Company Limited

(Registration number: 00846052)
Statement of financial position as at 25 December 2023

2023
£

2022
£

Equity

Total equity

-

-

For the financial year ending 25 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements of The Parchmore Road Property Management Company Limited were approved and authorised for issue by the Board on 29 August 2024 and signed on its behalf by:
 

.........................................

A Brignull
Director

 

The Parchmore Road Property Management Company Limited

Notes to the Unaudited Financial Statements
for the Year Ended 25 December 2023

1

General information

The Parchmore Road Property Management Company Limited (the 'company') is a company limited by guarantee, registered in England and Wales under the Companies Act, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £25 towards the assets of the company in the event of liquidation.
The address of the registered office is given on page 1. The company was dormant throughout the current and previous accounting period.

2

Accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pound sterling (£).

 

The Parchmore Road Property Management Company Limited

Notes to the Unaudited Financial Statements
for the Year Ended 25 December 2023 (continued)

2

Accounting policies (continued)

Judgements

There are no critical judgements made by the directors in the process of applying the company’s accounting policies which have the most significant effect on the amounts recognised in the financial statements.

Taxation

The company acts as a trustee in respect of funds held to manage the flats known as Park Lawn at Parchmore Road, Thornton Heath, Surrey. In consequence, service charge income and service charge expenditure items are neither taxable nor allowable for corporation tax purposes and therefore there is no liability to UK corporation tax.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

4

Service charge accounts

Service charge accounts, in accordance with ICAEW Technical Release 03/11, have been prepared for Park Lawn, 208-210 Parchmore Road, Thornton Heath, London, CR7 8HA for the year ended 25 December 2023. These detail all of the service charge transactions in the year and a copy can be obtained from the managing agents CECPM Limited at the registered office address.