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Registered number: 04046975
PURCELL MOUNT PARK LIMITED
REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
Prepared By:
Reed-Ransted
Chartered Accountants
2 Burhill Grove
Pinner
Middlesex
HA5 3DW
PURCELL MOUNT PARK LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
DIRECTORS
GER Hawkins
V Rajkumar
CA Fowler
REGISTERED OFFICE
Magnolias
Mount Park Road
Harrow
Middlesex
HA1 3JS
COMPANY DETAILS
Private company limited by guarantee registered in EW - England and Wales, registered number 04046975
ACCOUNTANTS
Reed-Ransted
Chartered Accountants
2 Burhill Grove
Pinner
Middlesex
HA5 3DW
PURCELL MOUNT PARK LIMITED
ACCOUNTS
FOR THEYEARENDED31 AUGUST 2024
CONTENTS
Page
Directors' Report3
Accountants' Report4
Statement Of Comprehensive Income5
Balance Sheet6
Notes To The Accounts7
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
PURCELL MOUNT PARK LIMITED
DIRECTORS' REPORT
FOR THEYEARENDED31 August 2024
The directors present their report and accounts for theyearended31 August 2024
DIRECTORS
The directors who served during theyearwere as follows:
GER Hawkins
V Rajkumar
CA Fowler
STATEMENT OF DIRECTORS RESPONSIBILITIES
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulation.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements the directors are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and accounting estimates that are reasonable and prudent;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The report of the directors has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the board on13 September 2024
GER Hawkins
Director
PURCELL MOUNT PARK LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS
OF PURCELL MOUNT PARK LIMITED, FOR THE YEAR ENDED 31 AUGUST 2024
In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Purcell Mount Park Limited for the year ended 31 August 2024 as set out on pages 5 to (1) from the company's accounting records and from information and explanations you have given us.
As a practising member of the Institute of Chartered Accountants in England & Wales, we are subject to its ethical and other professional requirements which are detailed on their website.
This report is made solely to the Board of Directors of Purcell Mount Park Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Purcell Mount Park Limited and state those matters that we have agreed to state to the Board of Directors of Purcell Mount Park Limited, as a body, in this report, in accordance with the requirements of the Institute of Chartered Accountants in England & Wales as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Purcell Mount Park Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Purcell Mount Park 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 profitability of Purcell Mount Park Limited. You consider that Purcell Mount Park 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 Purcell Mount Park 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.
Reed-Ransted
Chartered Accountants
2 Burhill Grove
Pinner
Middlesex
HA5 3DW
13 September 2024
PURCELL MOUNT PARK LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THEYEARENDED31 August 2024
Notes20242023
££
TURNOVER3,3003,600
GROSS PROFIT3,3003,600
Administrative expenses(3,293)(3,004)
OPERATING PROFIT7596
PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION7596
PROFIT ON ORDINARY ACTIVITIES AFTER TAXATION7596
PURCELL MOUNT PARK LIMITED
BALANCE SHEET AT31 August 2024
Registered number: 04046975
20242023
Notes££
CURRENT ASSETS
Cash at bank and in hand1,5011,476
1,5011,476
CREDITORS: Amounts falling due within one year3533515
NET CURRENT ASSETS968961
TOTAL ASSETS LESS CURRENT LIABILITIES968961
CAPITAL AND RESERVES
Profit and loss account5968961
SHAREHOLDERS' FUNDS968961
For the year ending 31 August 2024 the company was entitled to exemption 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.
Approved by the board on13 September 2024and signed on their behalf by
.............................
GER Hawkins
Director
PURCELL MOUNT PARK LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 AUGUST 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Turnover
Turnover represents service charges receivable from property owners.
2. EMPLOYEES
20242023
No.No.
Average number of employees/officers33
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Accruals533515
533515
4. LIMITED BY GUARANTEE
The company is limited by guarantee and does not have a share capital. Each member gives a guarantee to contribute a sum not exceeding £10, to the company should it be wound up. At 31 August 2024 there were 3 members.
PURCELL MOUNT PARK LIMITED
5. PROFIT AND LOSS RESERVE 20242023
££
Opening balance961365
Profit for the year7596
968961
6. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS 20242023
££
Opening shareholders' funds961365
Profit for the year7596
Closing shareholders' funds968961
7. RELATED PARTY TRANSACTIONS
The directors are also owners of the properties under management. Service charge income derives from the directors in equal proportion.
8. CONTROLLING PARTY
The company is controlled by the 3 guarantors.