Park Court Freehold (Felixstowe) Ltd 14198518 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Residents property management Digita Accounts Production Advanced 6.30.9574.0 true true 14198518 2023-07-01 2024-06-30 14198518 2024-06-30 14198518 core:CurrentFinancialInstruments 2024-06-30 14198518 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 14198518 core:LandBuildings 2024-06-30 14198518 bus:SmallEntities 2023-07-01 2024-06-30 14198518 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14198518 bus:FullAccounts 2023-07-01 2024-06-30 14198518 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14198518 bus:RegisteredOffice 2023-07-01 2024-06-30 14198518 bus:Director1 2023-07-01 2024-06-30 14198518 bus:Director2 2023-07-01 2024-06-30 14198518 bus:Director3 2023-07-01 2024-06-30 14198518 bus:Director4 2023-07-01 2024-06-30 14198518 bus:Director5 2023-07-01 2024-06-30 14198518 bus:Director6 2023-07-01 2024-06-30 14198518 bus:Director7 2023-07-01 2024-06-30 14198518 bus:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 14198518 bus:Agent1 2023-07-01 2024-06-30 14198518 countries:England 2023-07-01 2024-06-30 14198518 2023-06-30 14198518 core:LandBuildings 2023-06-30 14198518 2022-06-27 2023-06-30 14198518 2023-06-30 14198518 core:CurrentFinancialInstruments 2023-06-30 14198518 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14198518 core:LandBuildings 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 14198518

Park Court Freehold (Felixstowe) Ltd

(A company limited by guarantee)

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Park Court Freehold (Felixstowe) Ltd

Contents

Company Information

1

Directors' Report

2

Accountants' Report

3

Service Charge - Income and Expenditure

4

Service Charge - Balance Sheet

5

Notes to the Unaudited Financial Statements

6 to 8

 

Park Court Freehold (Felixstowe) Ltd

Company Information

Directors

Marc Robin Gosling

Amanda gay Gilmore

Colin Malcolm Espley

Mr Paul John Holmes

Samantha Clare Painter

Sally Ann Carter

Richard Brown

Registered office

59 Tomline Road
Felixstowe
Suffolk
IP1 7PA

Accountants

Brian Nuttgens Accountants Limited
Chartered Certified Accountants
1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

 

Park Court Freehold (Felixstowe) Ltd

Directors' Report for the Year Ended 30 June 2024

The directors present their report and the financial statements for the year ended 30 June 2024.

Directors of the company

The directors who held office during the year were as follows:

Marc Robin Gosling

Amanda gay Gilmore

Colin Malcolm Espley

Mr Paul John Holmes

Samantha Clare Painter

Sally Ann Carter

Richard Brown

Principal activity

The principal activity of the company is Residents property management

Small companies provision statement

This report has 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.

Approved and authorised by the Board on 27 March 2025 and signed on its behalf by:
 

.........................................
Marc Robin Gosling
Director

 

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Park Court Freehold (Felixstowe) Ltd
for the Year Ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Park Court Freehold (Felixstowe) Ltd for the year ended 30 June 2024 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Park Court Freehold (Felixstowe) Ltd, 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 the Company and state those matters that we have agreed to state to the Board of Directors of the Company, as a body, in this report in accordance with
the requirements of the Association of Chartered Certified Accountants as detailed at
http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet
-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Park Court Freehold (Felixstowe) Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of the Company. You consider that Park Court Freehold (Felixstowe) 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 accounts of the Company. 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.

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

Brian Nuttgens Accountants Limited
Chartered Certified Accountants
1007 London Road
Leigh-On-Sea
Essex
SS9 3JY

27 March 2025

 

Park Court Freehold (Felixstowe) Ltd

Service Charge - Income and Expenditure for the Year Ended 30 June 2024

Note

2024
£

2023
£

Turnover

 

-

-

Gross surplus/(deficit)

 

-

-

Operating surplus/(deficit)

 

-

-

Surplus/(deficit) before tax

-

-

Surplus/(deficit) for the financial year

 

-

-

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Park Court Freehold (Felixstowe) Ltd

(Registration number: 14198518)
Service Charge Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

14,819

14,819

Current assets

 

Debtors

5

2,031

2,031

Creditors: Amounts falling due within one year

6

(16,850)

(16,850)

Net current liabilities

 

(14,819)

(14,819)

Net assets/(liabilities)

 

-

-

Reserves

 

Surplus/(deficit)

 

-

-

For the financial year ending 30 June 2024 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.

Approved and authorised by the Board on 27 March 2025 and signed on its behalf by:
 

.........................................
Marc Robin Gosling
Director

 

Park Court Freehold (Felixstowe) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a company limited by guarantee, incorporated in England, 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.

The address of its registered office is:
59 Tomline Road
Felixstowe
Suffolk
IP1 7PA

These financial statements were authorised for issue by the Board on 27 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Park Court Freehold (Felixstowe) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2023 - 7).

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 July 2023

14,819

14,819

At 30 June 2024

14,819

14,819

Depreciation

Carrying amount

At 30 June 2024

14,819

14,819

At 30 June 2023

14,819

14,819

Included within the net book value of land and buildings above is £14,819 (2023 - £14,819) in respect of freehold land and buildings.
 

 

Park Court Freehold (Felixstowe) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

5

Debtors

Current

2024
£

2023
£

Other debtors

2,031

2,031

 

2,031

2,031

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Other creditors

16,850

16,850