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REGISTERED NUMBER: 00986652 (England and Wales)













PICKERING COURT, GRANVILLE ROAD
(MANAGEMENT) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






PICKERING COURT, GRANVILLE ROAD
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


PICKERING COURT, GRANVILLE ROAD
(MANAGEMENT) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: B Dida
L Satar
A Ince





SECRETARY: Sem Property Management Limited





REGISTERED OFFICE: C/o Sterling estates management Ltd
1st Floor Compton House
Stanmore
HA7 4AR





REGISTERED NUMBER: 00986652 (England and Wales)





ACCOUNTANTS: John Crook & Partners
Chartered Accountants
255 Green Lanes
Palmers Green
London
N13 4XE

PICKERING COURT, GRANVILLE ROAD
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 941 941

CURRENT ASSETS
Debtors 5 7,511 7,055
Cash at bank 6 6,362 10,281
13,873 17,336
CREDITORS
Amounts falling due within one year 7 5,332 4,239
NET CURRENT ASSETS 8,541 13,097
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,482

14,038

RESERVES
Reserve fund 8 8,702 13,702
Service charge reserve 8 780 336
9,482 14,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PICKERING COURT, GRANVILLE ROAD
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Revenue account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by:




L Satar - Director B Dida - Director




A Ince - Director


PICKERING COURT, GRANVILLE ROAD
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Pickering Court, Granville Road (Management) Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Service charge
Service charge income represents service charges receivable from the lessees for the period.

Tangible fixed assets
Tangible fixed assets represents Freehold land which is stated as a nominal value of £941. No depreciation is provided on this.

Departures from companies act requirements
The financial statements depart from the standard format of the Companies Act 2006 in that the Profit and Loss Account has been replaced by a Revenue Account. This departure, as permitted by s396 of the Companies Act 2006, has arisen because the directors consider that this presentation is more appropriate given the nature of the company's activity. The result for the year is unaffected by the accounting treatment adopted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 941 665 1,606
DEPRECIATION
At 1 April 2023
and 31 March 2024 - 665 665
NET BOOK VALUE
At 31 March 2024 941 - 941
At 31 March 2023 941 - 941

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Service charge arrears 414 413
Prepayments 7,097 6,642
7,511 7,055

PICKERING COURT, GRANVILLE ROAD
(MANAGEMENT) LIMITED (REGISTERED NUMBER: 00986652)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CASH AT BANK
2024 2023
£    £   
Service charge account 3,176 4,157
Reserve fund account 3,186 6,124
6,362 10,281

Service charge monies are held in trust in designated client accounts at Barclays Bank plc under the titles BWCL Limited Pickering Court Clients Account and Barnard Cook London Limited Re Pickering Reserve.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Members deposits 700 700
Service charge creditors 2,141 2,408
Sundry creditors and accruals 2,491 1,131
5,332 4,239

8. RESERVES
Service
charge Reserve
reserve fund Totals
£    £    £   

At 1 April 2023 336 13,702 14,038
Deficit for the year (4,556 ) (4,556 )
Transfer for year 5,000 (5,000 ) -
At 31 March 2024 780 8,702 9,482

9. COMPANY STATUS

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.